Atlas Air Worldwide Holdings (NASDAQ:AAWW) was downgraded by equities research analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued on Friday.

AAWW has been the topic of a number of other research reports. Zacks Investment Research downgraded Atlas Air Worldwide Holdings from a “hold” rating to a “sell” rating in a research note on Monday, May 1st. Imperial Capital restated an “outperform” rating on shares of Atlas Air Worldwide Holdings in a research note on Friday, May 19th. Cowen and Company restated an “outperform” rating and issued a $70.00 target price (up previously from $60.00) on shares of Atlas Air Worldwide Holdings in a research note on Thursday, August 3rd. Finally, Stifel Nicolaus downgraded Atlas Air Worldwide Holdings from a “buy” rating to a “hold” rating and set a $63.00 target price on the stock. in a research note on Thursday, April 27th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating and five have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $68.40.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) traded down 1.46% on Friday, hitting $60.70. The stock had a trading volume of 106,364 shares. The company has a market cap of $1.53 billion, a price-to-earnings ratio of 25.94 and a beta of 1.45. The company has a 50 day moving average price of $57.74 and a 200-day moving average price of $54.39. Atlas Air Worldwide Holdings has a 52-week low of $34.22 and a 52-week high of $67.75.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last issued its earnings results on Wednesday, August 2nd. The transportation company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.24. Atlas Air Worldwide Holdings had a return on equity of 8.11% and a net margin of 2.98%. The firm had revenue of $517.37 million for the quarter, compared to the consensus estimate of $500.44 million. During the same quarter in the prior year, the business earned $0.80 earnings per share. The company’s revenue was up 16.7% compared to the same quarter last year. On average, equities research analysts predict that Atlas Air Worldwide Holdings will post $4.84 earnings per share for the current year.

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In related news, CEO William J. Flynn sold 5,000 shares of the company’s stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $58.59, for a total value of $292,950.00. Following the completion of the transaction, the chief executive officer now owns 196,958 shares of the company’s stock, valued at approximately $11,539,769.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 25,000 shares of company stock valued at $1,404,200 in the last ninety days. 2.50% of the stock is currently owned by insiders.

A number of institutional investors have recently added to or reduced their stakes in the company. Ameritas Investment Partners Inc. acquired a new position in Atlas Air Worldwide Holdings during the first quarter worth $107,000. State of Alaska Department of Revenue boosted its position in Atlas Air Worldwide Holdings by 3.0% in the first quarter. State of Alaska Department of Revenue now owns 2,770 shares of the transportation company’s stock worth $153,000 after buying an additional 80 shares during the last quarter. KCG Holdings Inc. boosted its position 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 worth $277,000 after buying an additional 849 shares during the last quarter. US Bancorp DE boosted its position in Atlas Air Worldwide Holdings by 3.7% in the second quarter. US Bancorp DE now owns 5,548 shares of the transportation company’s stock worth $289,000 after buying an additional 197 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan boosted its position in Atlas Air Worldwide Holdings by 1.2% in the first quarter. Municipal Employees Retirement System of Michigan now owns 5,710 shares of the transportation company’s stock worth $317,000 after buying an additional 70 shares during the last quarter. 96.32% of the stock is owned by institutional investors.

Atlas Air Worldwide Holdings Company Profile

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).

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