Insider Buying: Air T, Inc. (AIRT) CEO Purchases $75,633.39 in Stock

Air T, Inc. (NASDAQ:AIRT) CEO Nicholas John Swenson bought 3,101 shares of Air T stock in a transaction dated Thursday, November 30th. The shares were purchased at an average cost of $24.39 per share, for a total transaction of $75,633.39. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Nicholas John Swenson also recently made the following trade(s):

  • On Monday, November 27th, Nicholas John Swenson purchased 6,199 shares of Air T stock. The stock was bought at an average cost of $23.62 per share, for a total transaction of $146,420.38.
  • On Friday, November 24th, Nicholas John Swenson purchased 1,969 shares of Air T stock. The stock was bought at an average cost of $22.46 per share, for a total transaction of $44,223.74.
  • On Monday, November 20th, Nicholas John Swenson purchased 1,988 shares of Air T stock. The stock was bought at an average cost of $21.05 per share, for a total transaction of $41,847.40.

Shares of Air T, Inc. (NASDAQ AIRT) opened at $24.05 on Monday. The stock has a market cap of $49.13, a price-to-earnings ratio of 19.88 and a beta of 1.00. The company has a quick ratio of 1.26, a current ratio of 2.06 and a debt-to-equity ratio of 0.87. Air T, Inc. has a twelve month low of $14.40 and a twelve month high of $25.00.

Air T (NASDAQ:AIRT) last posted its quarterly earnings results on Tuesday, November 14th. The transportation company reported $0.21 earnings per share (EPS) for the quarter. The firm had revenue of $48.86 million for the quarter. Air T had a net margin of 1.41% and a return on equity of 10.93%.

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About Air T

Air T, Inc is a holding company. The Company operates through five segments: overnight air cargo, ground equipment sales, ground support services, printing equipment and maintenance, and leasing. The company’s overnight air cargo segment operates in the air express delivery services industry. The ground equipment sales segment manufactures and provides mobile deicers and other specialized equipment products to passenger and cargo airlines, airports, the United States military and industrial customers.

Insider Buying and Selling by Quarter for Air T (NASDAQ:AIRT)

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