Air Transport Services Group, Inc. (NASDAQ: ATSG) CFO buys $ 24,899.20 in inventory

Air Transport Services Group, Inc. (NASDAQ: ATSG) CFO Quint O. Turner bought 992 shares of Air Transport Services Group in a transaction dated Tuesday, November 30. The stock was purchased at an average price of $ 25.10 per share, for a total transaction of $ 24,899.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, accessible through this hyperlink.

ATSG traded at $ 1.66 during trading hours on Tuesday, reaching $ 24.69. 889,029 shares of the company were traded, for an average volume of 485,353. Air Transport Services Group, Inc. has a 12-month low of $ 21.42 and a 12-month high of $ 32.43. The business has a 50-day moving average of $ 26.00 and a 200-day moving average of $ 25.22. The company has a market cap of $ 1.83 billion, a P / E ratio of 12.31 and a beta of 0.55. The company has a current ratio of 1.09, a quick ratio of 0.92, and a debt ratio of 1.16.

Air Transport Services Group (NASDAQ: ATSG) last reported its results on Thursday, November 4. The transportation company reported earnings per share of $ 0.60 for the quarter, beating the consensus estimate of $ 0.46 by $ 0.14. Air Transport Services Group had a net margin of 11.63% and a return on equity of 11.74%. The company posted revenue of $ 465.96 million for the quarter, compared to a consensus estimate of $ 437.37 million. During the same period of the previous year, the company achieved EPS of $ 0.44. The company’s revenue for the quarter increased 15.3% year-over-year. As a group, research analysts expect Air Transport Services Group, Inc. to post EPS of 1.67 for the current fiscal year.

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A number of hedge funds and other institutional investors have recently bought and sold shares of ATSG. RE Advisers Corp increased its stake in Air Transport Services Group by 149.5% during the 3rd quarter. RE Advisers Corp now owns 1,038 shares of the transportation company valued at $ 27,000 after acquiring 622 additional shares in the last quarter. Dark Forest Capital Management LP acquired a new position in Air Transport Services Group during the 2nd quarter valued at approximately $ 39,000. Fifth Third Bancorp increased its stake in Air Transport Services Group by 125.0% during the 2nd quarter. Fifth Third Bancorp now owns 1,800 shares of the transportation company valued at $ 42,000 after acquiring an additional 1,000 shares in the last quarter. Public Employees Retirement System of Ohio increased its stake in Air Transport Services Group by 16.5% in the second quarter. The Ohio Public Employee Retirement System now owns 2,962 shares of the transportation company worth $ 69,000 after acquiring 420 more shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. acquired a new position in Air Transport Services Group during the 2nd quarter for a value of approximately $ 73,000. Institutional investors hold 93.94% of the company’s shares.

Separately, TheStreet upped Air Transport Services Group shares from a “c” rating to a “b-” rating in a Friday August 6 research note.

Airline Services Group Company Profile

Air Transport Services Group, Inc is engaged in the provision of flight operations, aircraft rental, aircraft maintenance and other support services primarily to the freight transportation and package delivery industries. It operates through the CAM and ACMI Services segments. The CAM segment includes the aircraft leasing business of the company.

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Insider Buys and Sells by Quarter for Airline Services Group (NASDAQ: ATSG)

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