William J. Flynn Sells 5,000 Shares of Atlas Air Worldwide Holdings (AAWW) Stock

Atlas Air Worldwide Holdings (NASDAQ:AAWW) CEO William J. Flynn sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, October 9th. The shares were sold at an average price of $65.59, for a total transaction of $327,950.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last posted its quarterly earnings results on Wednesday, August 2nd. The transportation company reported $1.09 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.85 by $0.24. Atlas Air Worldwide Holdings had a net margin of 2.98% and a return on equity of 8.11%. The firm had revenue of $517.37 million for the quarter, compared to analyst estimates of $500.44 million. During the same quarter last year, the firm posted $0.80 earnings per share. Atlas Air Worldwide Holdings’s revenue for the quarter was up 16.7% compared to the same quarter last year.

TRADEMARK VIOLATION NOTICE: “William J. Flynn Sells 5,000 Shares of Atlas Air Worldwide Holdings (AAWW) Stock” was first reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this article on another domain, it was stolen and reposted in violation of U.S. and international trademark and copyright laws. The correct version of this article can be viewed at https://ledgergazette.com/2017/10/13/william-j-flynn-sells-5000-shares-of-atlas-air-worldwide-holdings-aaww-stock.html.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Ameritas Investment Partners Inc. purchased a new position in Atlas Air Worldwide Holdings in the first quarter valued at approximately $107,000. UBS Asset Management Americas Inc. purchased a new position in Atlas Air Worldwide Holdings in the second quarter valued at approximately $201,000. State of Alaska Department of Revenue raised its holdings in Atlas Air Worldwide Holdings by 80.0% in the second quarter. State of Alaska Department of Revenue now owns 4,985 shares of the transportation company’s stock valued at $259,000 after buying an additional 2,215 shares during the period. KCG Holdings Inc. raised its holdings in Atlas Air Worldwide Holdings by 20.5% in the first quarter. KCG Holdings Inc. now owns 4,998 shares of the transportation company’s stock valued at $277,000 after buying an additional 849 shares during the period. Finally, Piedmont Investment Advisors LLC purchased a new position in Atlas Air Worldwide Holdings in the second quarter valued at approximately $285,000. Hedge funds and other institutional investors own 96.41% of the company’s stock.

AAWW has been the topic of a number of research analyst reports. Zacks Investment Research raised shares of Atlas Air Worldwide Holdings from a “sell” rating to a “hold” rating in a research note on Monday, July 17th. ValuEngine raised shares of Atlas Air Worldwide Holdings from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st. Stifel Nicolaus reissued a “hold” rating and issued a $69.00 price target on shares of Atlas Air Worldwide Holdings in a research note on Tuesday, September 12th. Cowen and Company reissued a “hold” rating and issued a $70.00 price target on shares of Atlas Air Worldwide Holdings in a research note on Tuesday, September 5th. Finally, BidaskClub raised shares of Atlas Air Worldwide Holdings from a “hold” rating to a “buy” rating in a research note on Wednesday, July 12th. One analyst has rated the stock with a sell rating, three have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $70.00.

About Atlas Air Worldwide Holdings

Atlas Air Worldwide Holdings, Inc is a holding company. The Company provides outsourced aircraft and aviation operating services throughout the world, serving Africa, Asia, Australia, Europe, the Middle East, North America and South America through contractual service arrangements, including those through which it provides aircraft to customers and value-added services, including crew, maintenance and insurance (ACMI), as well as those through which it provides crew, maintenance and insurance, but not the aircraft (CMI); cargo and passenger charter services

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last posted its quarterly earnings results on Wednesday, August 2nd. The transportation company reported $1.09 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.85 by $0.24. Atlas Air Worldwide Holdings had a net margin of 2.98% and a return on equity of 8.11%. The firm had revenue of $517.37 million for the quarter, compared to analyst estimates of $500.44 million. During the same quarter last year, the firm posted $0.80 earnings per share. Atlas Air Worldwide Holdings’s revenue for the quarter was up 16.7% compared to the same quarter last year.

TRADEMARK VIOLATION NOTICE: “William J. Flynn Sells 5,000 Shares of Atlas Air Worldwide Holdings (AAWW) Stock” was first reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this article on another domain, it was stolen and reposted in violation of U.S. and international trademark and copyright laws. The correct version of this article can be viewed at https://ledgergazette.com/2017/10/13/william-j-flynn-sells-5000-shares-of-atlas-air-worldwide-holdings-aaww-stock.html.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Ameritas Investment Partners Inc. purchased a new position in Atlas Air Worldwide Holdings in the first quarter valued at approximately $107,000. UBS Asset Management Americas Inc. purchased a new position in Atlas Air Worldwide Holdings in the second quarter valued at approximately $201,000. State of Alaska Department of Revenue raised its holdings in Atlas Air Worldwide Holdings by 80.0% in the second quarter. State of Alaska Department of Revenue now owns 4,985 shares of the transportation company’s stock valued at $259,000 after buying an additional 2,215 shares during the period. KCG Holdings Inc. raised its holdings in Atlas Air Worldwide Holdings by 20.5% in the first quarter. KCG Holdings Inc. now owns 4,998 shares of the transportation company’s stock valued at $277,000 after buying an additional 849 shares during the period. Finally, Piedmont Investment Advisors LLC purchased a new position in Atlas Air Worldwide Holdings in the second quarter valued at approximately $285,000. Hedge funds and other institutional investors own 96.41% of the company’s stock.

AAWW has been the topic of a number of research analyst reports. Zacks Investment Research raised shares of Atlas Air Worldwide Holdings from a “sell” rating to a “hold” rating in a research note on Monday, July 17th. ValuEngine raised shares of Atlas Air Worldwide Holdings from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st. Stifel Nicolaus reissued a “hold” rating and issued a $69.00 price target on shares of Atlas Air Worldwide Holdings in a research note on Tuesday, September 12th. Cowen and Company reissued a “hold” rating and issued a $70.00 price target on shares of Atlas Air Worldwide Holdings in a research note on Tuesday, September 5th. Finally, BidaskClub raised shares of Atlas Air Worldwide Holdings from a “hold” rating to a “buy” rating in a research note on Wednesday, July 12th. One analyst has rated the stock with a sell rating, three have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $70.00.

About Atlas Air Worldwide Holdings

Atlas Air Worldwide Holdings, Inc is a holding company. The Company provides outsourced aircraft and aviation operating services throughout the world, serving Africa, Asia, Australia, Europe, the Middle East, North America and South America through contractual service arrangements, including those through which it provides aircraft to customers and value-added services, including crew, maintenance and insurance (ACMI), as well as those through which it provides crew, maintenance and insurance, but not the aircraft (CMI); cargo and passenger charter services (Charter), and dry leasing aircraft and engines (Dry Leasing).

Insider Buying and Selling by Quarter for Atlas Air Worldwide Holdings (NASDAQ:AAWW)

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