Era Group, Inc. (NYSE:ERA) SVP Paul T. White sold 24,000 shares of the company’s stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $8.54, for a total value of $204,960.00. Following the transaction, the senior vice president now owns 59,822 shares of the company’s stock, valued at $510,879.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Era Group, Inc. (NYSE ERA) traded up 0.71% on Monday, hitting $8.52. The stock had a trading volume of 73,386 shares. The company’s market cap is $181.30 million. Era Group, Inc. has a 52 week low of $6.92 and a 52 week high of $17.73. The stock’s 50-day moving average price is $9.18 and its 200 day moving average price is $11.31.

Era Group (NYSE:ERA) last issued its earnings results on Tuesday, August 8th. The transportation company reported ($0.13) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.16) by $0.03. Era Group had a negative return on equity of 3.13% and a negative net margin of 6.20%. The company had revenue of $57.90 million during the quarter, compared to the consensus estimate of $59 million. During the same period in the previous year, the company posted ($0.27) EPS. The firm’s revenue for the quarter was down 8.7% compared to the same quarter last year. On average, analysts predict that Era Group, Inc. will post ($0.75) EPS for the current year.

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Several hedge funds and other institutional investors have recently modified their holdings of ERA. Brandywine Global Investment Management LLC increased its position in shares of Era Group by 1.3% in the second quarter. Brandywine Global Investment Management LLC now owns 11,515 shares of the transportation company’s stock valued at $109,000 after buying an additional 145 shares in the last quarter. Voya Investment Management LLC increased its position in shares of Era Group by 20.6% in the second quarter. Voya Investment Management LLC now owns 14,054 shares of the transportation company’s stock valued at $133,000 after buying an additional 2,397 shares in the last quarter. Arizona State Retirement System increased its position in shares of Era Group by 1.0% in the first quarter. Arizona State Retirement System now owns 10,141 shares of the transportation company’s stock valued at $134,000 after buying an additional 100 shares in the last quarter. Texas Permanent School Fund increased its position in shares of Era Group by 2.7% in the second quarter. Texas Permanent School Fund now owns 14,442 shares of the transportation company’s stock valued at $137,000 after buying an additional 383 shares in the last quarter. Finally, Thrivent Financial For Lutherans increased its position in shares of Era Group by 8.0% in the first quarter. Thrivent Financial For Lutherans now owns 11,020 shares of the transportation company’s stock valued at $146,000 after buying an additional 820 shares in the last quarter. Institutional investors own 88.10% of the company’s stock.

About Era Group

Era Group Inc is engaged in operating helicopters. The Company’s helicopters transport personnel to, from and between offshore oil and gas production platforms, drilling rigs and other installations. The Company also dry-leases helicopters to third-party helicopter operators and foreign affiliates. The primary users of the Company’s helicopter services are international, integrated and independent oil and gas exploration, development and production companies.

Insider Buying and Selling by Quarter for Era Group (NYSE:ERA)

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