Wesco Aircraft Holdings, Inc. (NYSE:WAIR) insider Richard Weller bought 8,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 30th. The stock was purchased at an average cost of $8.05 per share, with a total value of $64,400.00. Following the completion of the transaction, the insider now owns 42,901 shares in the company, valued at $345,353.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Richard Weller also recently made the following trade(s):

  • On Tuesday, August 29th, Richard Weller bought 4,863 shares of Wesco Aircraft Holdings stock. The stock was purchased at an average cost of $8.00 per share, with a total value of $38,904.00.

Shares of Wesco Aircraft Holdings, Inc. (WAIR) opened at 8.40 on Friday. The firm’s market capitalization is $836.46 million. The firm’s 50-day moving average price is $9.30 and its 200-day moving average price is $10.43. Wesco Aircraft Holdings, Inc. has a 52-week low of $6.95 and a 52-week high of $15.77.

Wesco Aircraft Holdings (NYSE:WAIR) last posted its earnings results on Tuesday, August 8th. The aerospace company reported $0.10 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by $0.12. The company had revenue of $363.90 million for the quarter, compared to the consensus estimate of $379.32 million. Wesco Aircraft Holdings had a negative net margin of 12.26% and a positive return on equity of 9.42%. The firm’s revenue for the quarter was down 3.0% compared to the same quarter last year. During the same period last year, the company posted $0.29 earnings per share. On average, equities analysts predict that Wesco Aircraft Holdings, Inc. will post $0.69 earnings per share for the current fiscal year.

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A number of analysts recently issued reports on WAIR shares. ValuEngine raised Wesco Aircraft Holdings from a “hold” rating to a “buy” rating in a research report on Tuesday, July 25th. BidaskClub raised Wesco Aircraft Holdings from a “hold” rating to a “buy” rating in a research report on Wednesday, July 5th. TheStreet cut Wesco Aircraft Holdings from a “c” rating to a “d+” rating in a research report on Tuesday, August 8th. Jefferies Group LLC set a $9.00 target price on Wesco Aircraft Holdings and gave the company a “hold” rating in a research report on Friday, June 16th. Finally, Cowen and Company reissued a “hold” rating and issued a $9.00 target price on shares of Wesco Aircraft Holdings in a research report on Monday, July 17th. Three analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $13.14.

Several institutional investors have recently bought and sold shares of the stock. HighTower Advisors LLC increased its position in shares of Wesco Aircraft Holdings by 1.9% in the first quarter. HighTower Advisors LLC now owns 19,368 shares of the aerospace company’s stock valued at $221,000 after buying an additional 368 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in shares of Wesco Aircraft Holdings by 1.5% in the second quarter. The Manufacturers Life Insurance Company now owns 45,175 shares of the aerospace company’s stock valued at $490,000 after buying an additional 661 shares in the last quarter. Rhumbline Advisers increased its position in shares of Wesco Aircraft Holdings by 2.4% in the second quarter. Rhumbline Advisers now owns 74,448 shares of the aerospace company’s stock valued at $808,000 after buying an additional 1,731 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of Wesco Aircraft Holdings by 17.6% in the second quarter. Victory Capital Management Inc. now owns 12,661 shares of the aerospace company’s stock valued at $137,000 after buying an additional 1,898 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its position in shares of Wesco Aircraft Holdings by 0.4% in the first quarter. Russell Investments Group Ltd. now owns 467,881 shares of the aerospace company’s stock valued at $5,334,000 after buying an additional 1,948 shares in the last quarter. 93.73% of the stock is owned by institutional investors.

Wesco Aircraft Holdings Company Profile

Wesco Aircraft Holdings, Inc is a distributor and provider of supply chain management services to the global aerospace industry. The Company operates through two segments: North America and Rest of World. As of September 30, 2016, the Company supplied over 565,000 active stock-keeping units (SKUs), including C-class hardware, chemicals, electronic components, bearings, tools and machined parts.

Insider Buying and Selling by Quarter for Wesco Aircraft Holdings (NYSE:WAIR)

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