AEVEX (NYSE:AVEX) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of AEVEX (NYSE:AVEX) to a hold rating in a research report sent to investors on Saturday morning.

AEVEX Trading Down 7.4%

Shares of NYSE:AVEX opened at $29.41 on Friday. AEVEX has a fifty-two week low of $23.00 and a fifty-two week high of $42.34.

Insider Activity

In other news, Director Brian Raduenz bought 50,000 shares of the stock in a transaction dated Thursday, April 16th. The shares were acquired at an average price of $20.00 per share, with a total value of $1,000,000.00. Following the completion of the acquisition, the director directly owned 50,000 shares in the company, valued at approximately $1,000,000. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Brett P. Hush bought 10,000 shares of the stock in a transaction dated Thursday, April 16th. The stock was purchased at an average cost of $20.00 per share, for a total transaction of $200,000.00. Following the acquisition, the insider owned 10,000 shares of the company’s stock, valued at approximately $200,000. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have bought a total of 74,150 shares of company stock valued at $1,483,000 over the last quarter.