Air Transport Services Group Inc. (NASDAQ:ATSG) CFO Quint O. Turner sold 7,500 shares of the stock in a transaction dated Monday, January 8th. The stock was sold at an average price of $24.60, for a total transaction of $184,500.00. Following the completion of the sale, the chief financial officer now directly owns 247,573 shares in the company, valued at approximately $6,090,295.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Air Transport Services Group Inc. (ATSG) opened at $23.67 on Thursday. The stock has a market cap of $1,400.00, a PE ratio of -18.79 and a beta of 1.97. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.97 and a quick ratio of 0.87. Air Transport Services Group Inc. has a 12-month low of $14.97 and a 12-month high of $26.75.

Air Transport Services Group (NASDAQ:ATSG) last announced its earnings results on Monday, November 6th. The transportation company reported $0.22 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.01. The firm had revenue of $254.10 million during the quarter, compared to analyst estimates of $256.13 million. Air Transport Services Group had a negative net margin of 7.77% and a positive return on equity of 16.62%. Air Transport Services Group’s revenue was up 31.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.14 EPS. equities analysts forecast that Air Transport Services Group Inc. will post 0.86 earnings per share for the current fiscal year.

A number of analysts recently weighed in on the stock. Zacks Investment Research raised shares of Air Transport Services Group from a “sell” rating to a “hold” rating in a report on Monday, October 16th. Cowen set a $27.00 price objective on shares of Air Transport Services Group and gave the stock a “buy” rating in a report on Friday, October 13th. ValuEngine cut shares of Air Transport Services Group from a “buy” rating to a “hold” rating in a report on Friday, December 1st. BidaskClub cut shares of Air Transport Services Group from a “buy” rating to a “hold” rating in a report on Tuesday, December 12th. Finally, Stephens reaffirmed a “buy” rating and issued a $32.00 price objective on shares of Air Transport Services Group in a report on Wednesday. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $25.57.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Advisor Group Inc. grew its position in Air Transport Services Group by 21.4% in the 2nd quarter. Advisor Group Inc. now owns 6,895 shares of the transportation company’s stock valued at $150,000 after buying an additional 1,217 shares in the last quarter. Pacad Investment Ltd. bought a new position in Air Transport Services Group in the 2nd quarter valued at about $168,000. SG Americas Securities LLC bought a new position in Air Transport Services Group in the 3rd quarter valued at about $258,000. Prudential Financial Inc. bought a new position in Air Transport Services Group in the 3rd quarter valued at about $262,000. Finally, Bayesian Capital Management LP bought a new position in Air Transport Services Group in the 2nd quarter valued at about $263,000. Hedge funds and other institutional investors own 90.47% of the company’s stock.

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Air Transport Services Group Company Profile

Air Transport Services Group, Inc (ATSG) is a holding company. The Company provides airline operations, aircraft leases, aircraft maintenance and other support services primarily to the cargo transportation and package delivery industries. It offers aircraft, crew, maintenance and insurance (ACMI) for specified cargo operations.

Insider Buying and Selling by Quarter for Air Transport Services Group (NASDAQ:ATSG)

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