Air Transport Services Group, Inc (NASDAQ:ATSG) Director Joseph Edward Roux sold 10,012 shares of the firm’s stock in a transaction on Monday, November 13th. The stock was sold at an average price of $23.61, for a total value of $236,383.32. Following the completion of the sale, the director now directly owns 27,862 shares of the company’s stock, valued at approximately $657,821.82. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Shares of Air Transport Services Group, Inc (NASDAQ ATSG) traded up $0.25 during trading on Monday, hitting $23.65. The company had a trading volume of 800,800 shares, compared to its average volume of 426,666. The company has a current ratio of 0.97, a quick ratio of 0.87 and a debt-to-equity ratio of 1.62. Air Transport Services Group, Inc has a 1 year low of $14.97 and a 1 year high of $26.75. The stock has a market cap of $1,398.21, a price-to-earnings ratio of 29.94 and a beta of 2.00.

Air Transport Services Group (NASDAQ:ATSG) last posted its quarterly earnings data on Monday, November 6th. The transportation company reported $0.22 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.01. Air Transport Services Group had a positive return on equity of 16.62% and a negative net margin of 7.77%. The company had revenue of $254.10 million for the quarter, compared to analysts’ expectations of $256.13 million. During the same period in the previous year, the firm posted $0.14 EPS. Air Transport Services Group’s revenue was up 31.5% compared to the same quarter last year. sell-side analysts anticipate that Air Transport Services Group, Inc will post 0.86 earnings per share for the current fiscal year.

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A number of analysts have commented on ATSG shares. Zacks Investment Research cut Air Transport Services Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 17th. Stifel Nicolaus reaffirmed a “hold” rating and set a $20.00 price target on shares of Air Transport Services Group in a research report on Friday, August 4th. Cowen and Company reaffirmed an “outperform” rating and set a $27.00 price target (up previously from $25.00) on shares of Air Transport Services Group in a research report on Thursday, August 10th. BidaskClub cut Air Transport Services Group from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Finally, TheStreet cut Air Transport Services Group from a “b+” rating to a “c+” rating in a research report on Monday, August 7th. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. Air Transport Services Group has a consensus rating of “Hold” and a consensus target price of $24.25.

A number of hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in Air Transport Services Group by 6.1% in the 2nd quarter. Vanguard Group Inc. now owns 4,295,754 shares of the transportation company’s stock worth $93,562,000 after buying an additional 245,120 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in Air Transport Services Group by 91.1% in the 3rd quarter. Victory Capital Management Inc. now owns 2,180,951 shares of the transportation company’s stock worth $53,084,000 after buying an additional 1,039,666 shares during the last quarter. State Street Corp boosted its holdings in Air Transport Services Group by 7.1% in the 2nd quarter. State Street Corp now owns 1,000,779 shares of the transportation company’s stock worth $21,794,000 after buying an additional 66,711 shares during the last quarter. Hodges Capital Management Inc. boosted its holdings in Air Transport Services Group by 36.5% in the 3rd quarter. Hodges Capital Management Inc. now owns 908,615 shares of the transportation company’s stock worth $22,116,000 after buying an additional 243,022 shares during the last quarter. Finally, IPG Investment Advisors LLC boosted its holdings in Air Transport Services Group by 3.5% in the 2nd quarter. IPG Investment Advisors LLC now owns 846,340 shares of the transportation company’s stock worth $18,433,000 after buying an additional 28,970 shares during the last quarter. Institutional investors own 90.98% of the company’s stock.

Air Transport Services Group Company Profile

Air Transport Services Group, Inc (ATSG) is a holding company. The Company provides airline operations, aircraft leases, aircraft maintenance and other support services primarily to the cargo transportation and package delivery industries. It offers aircraft, crew, maintenance and insurance (ACMI) for specified cargo operations.

Insider Buying and Selling by Quarter for Air Transport Services Group (NASDAQ:ATSG)

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