Nicholas John Swenson Purchases 1,197 Shares of Air T, Inc. (NASDAQ:AIRT) Stock

Air T, Inc. (NASDAQ:AIRT) CEO Nicholas John Swenson acquired 1,197 shares of the company’s stock in a transaction on Monday, July 19th. The stock was bought at an average price of $24.53 per share, for a total transaction of $29,362.41. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

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

  • On Thursday, July 15th, Nicholas John Swenson acquired 2,810 shares of Air T stock. The stock was bought at an average price of $24.88 per share, for a total transaction of $69,912.80.
  • On Monday, July 12th, Nicholas John Swenson acquired 690 shares of Air T stock. The stock was bought at an average price of $23.84 per share, for a total transaction of $16,449.60.
  • On Thursday, July 8th, Nicholas John Swenson acquired 400 shares of Air T stock. The stock was bought at an average price of $24.32 per share, for a total transaction of $9,728.00.

Air T stock opened at $27.20 on Thursday. The company has a current ratio of 3.75, a quick ratio of 1.20 and a debt-to-equity ratio of 5.56. The company has a 50 day moving average of $23.70. Air T, Inc. has a twelve month low of $8.95 and a twelve month high of $42.93.

An institutional investor recently bought a new position in Air T stock. Geode Capital Management LLC purchased a new position in shares of Air T, Inc. (NASDAQ:AIRT) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 10,106 shares of the transportation company’s stock, valued at approximately $240,000. Geode Capital Management LLC owned about 0.35% of Air T as of its most recent SEC filing. Hedge funds and other institutional investors own 10.96% of the company’s stock.

Separately, TheStreet lowered shares of Air T from a “c-” rating to a “d+” rating in a research note on Thursday, March 25th.

Air T Company Profile

Air T, Inc, through its subsidiaries, provides overnight air cargo, ground equipment sale, commercial jet engines and parts, and printing equipment and maintenance services in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2021, this segment had 66 aircraft under the dry-lease agreements with FedEx.

Featured Article: Why Net Income is Important to Investors

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

Receive News & Ratings for Air T Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air T and related companies with MarketBeat.com's FREE daily email newsletter.