Air Industries Group Inc (NYSEAMERICAN:AIRI) insider David S. Richmond purchased 4,504 shares of the stock in a transaction that occurred on Friday, November 30th. The stock was bought at an average price of $3.37 per share, with a total value of $15,178.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

AIRI stock traded up $0.01 during midday trading on Thursday, reaching $1.05. The company’s stock had a trading volume of 3,284 shares, compared to its average volume of 47,968. Air Industries Group Inc has a 1 year low of $0.84 and a 1 year high of $1.95.

Air Industries Group (NYSEAMERICAN:AIRI) last released its earnings results on Monday, November 19th. The aerospace company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.02). The business had revenue of $11.04 million during the quarter, compared to analyst estimates of $13.35 million.

A hedge fund recently raised its stake in Air Industries Group stock. BlackRock Inc. increased its position in shares of Air Industries Group Inc (NYSEAMERICAN:AIRI) by 1,362.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 60,136 shares of the aerospace company’s stock after purchasing an additional 56,023 shares during the quarter. BlackRock Inc. owned 0.24% of Air Industries Group worth $108,000 as of its most recent SEC filing.

Separately, Zacks Investment Research upgraded Air Industries Group from a “sell” rating to a “hold” rating in a research note on Tuesday, August 28th.

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About Air Industries Group

Air Industries Group, an aerospace and defense company, designs and manufactures structural parts and assemblies that focus on flight safety. The company operates through three segments: Complex Machining, Aerostructures & Electronics, and Turbine Engine Components. It offers landing gear, arresting gear, engine mounts, flight controls, throttle quadrants, jet engines, and other components; sheet metal fabrication of aero structures; and tube bending and welding services.

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