Atlas Air Worldwide Holdings (NASDAQ:AAWW) CEO William J. Flynn sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, October 16th. The shares were sold at an average price of $64.50, for a total value of $322,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) traded down 4.25% on Tuesday, reaching $61.95. The company’s stock had a trading volume of 243,449 shares. The stock has a market capitalization of $1.57 billion, a P/E ratio of 26.47 and a beta of 1.40. Atlas Air Worldwide Holdings has a 52 week low of $40.25 and a 52 week high of $68.70. The firm has a 50 day moving average price of $66.31 and a 200 day moving average price of $58.20.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last announced its quarterly earnings results on Wednesday, August 2nd. The transportation company reported $1.09 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.85 by $0.24. The company had revenue of $517.37 million for the quarter, compared to analyst estimates of $500.44 million. Atlas Air Worldwide Holdings had a net margin of 2.98% and a return on equity of 8.11%. Atlas Air Worldwide Holdings’s revenue for the quarter was up 16.7% on a year-over-year basis. During the same quarter last year, the business earned $0.80 EPS. On average, equities analysts anticipate that Atlas Air Worldwide Holdings will post $4.83 EPS for the current year.

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A number of research firms recently commented on AAWW. Cowen and Company reiterated an “outperform” rating and issued a $70.00 price objective (up from $60.00) on shares of Atlas Air Worldwide Holdings in a report on Thursday, August 3rd. BidaskClub cut Atlas Air Worldwide Holdings from a “hold” rating to a “sell” rating in a report on Friday, August 11th. Zacks Investment Research cut Atlas Air Worldwide Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, October 10th. Susquehanna Bancshares Inc began coverage on Atlas Air Worldwide Holdings in a report on Thursday, August 17th. They issued a “positive” rating and a $72.00 price objective on the stock. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $69.00 price objective on shares of Atlas Air Worldwide Holdings in a report on Tuesday, September 12th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $70.00.

Several institutional investors and hedge funds have recently made changes to their positions in AAWW. State Board of Administration of Florida Retirement System boosted its holdings in shares of Atlas Air Worldwide Holdings by 13.5% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 13,044 shares of the transportation company’s stock valued at $723,000 after purchasing an additional 1,554 shares during the last quarter. Ameritas Investment Partners Inc. acquired a new position in shares of Atlas Air Worldwide Holdings in the 1st quarter valued at $107,000. Mason Street Advisors LLC boosted its holdings in shares of Atlas Air Worldwide Holdings by 7.5% in the 1st quarter. Mason Street Advisors LLC now owns 5,876 shares of the transportation company’s stock valued at $326,000 after purchasing an additional 411 shares during the last quarter. Arizona State Retirement System boosted its holdings in shares of Atlas Air Worldwide Holdings by 1.5% in the 1st quarter. Arizona State Retirement System now owns 13,123 shares of the transportation company’s stock valued at $728,000 after purchasing an additional 200 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan boosted its holdings in shares of Atlas Air Worldwide Holdings by 1.2% in the 1st quarter. Municipal Employees Retirement System of Michigan now owns 5,710 shares of the transportation company’s stock valued at $317,000 after purchasing an additional 70 shares during the last quarter. Institutional investors own 96.41% of the company’s stock.

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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