Heron Bay Capital Management Lowers Stock Holdings in Air Industries Group (NYSEAMERICAN:AIRI)

Heron Bay Capital Management reduced its stake in Air Industries Group (NYSEAMERICAN:AIRI) by 58.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,608 shares of the company’s stock after selling 16,139 shares during the quarter. Heron Bay Capital Management owned 0.35% of Air Industries Group worth $47,000 at the end of the most recent reporting period.

Separately, Empowered Funds LLC purchased a new stake in shares of Air Industries Group in the fourth quarter valued at approximately $70,000. Institutional investors own 42.68% of the company’s stock.

Air Industries Group Stock Up 1.3 %

Air Industries Group stock opened at $3.99 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.44 and a quick ratio of 0.30. Air Industries Group has a 1-year low of $3.03 and a 1-year high of $9.44. The company has a market cap of $13.41 million, a PE ratio of -22.17 and a beta of 0.18. The stock’s 50 day moving average price is $4.29 and its 200 day moving average price is $4.84.

Air Industries Group Profile

Air Industries Group, together with its subsidiaries, engages in the design, manufacture, and sale of precision components and assemblies for defense and commercial aerospace industry in the United States. It offers actuators, arresting gears, aerostructures, aircraft structures, chaff pod assemblies, machining and milling solutions, cylinders, drag beams and braces, flight controls, flight safety critical components, integrated assemblies, landing gears, large diameter turn-mills, submarine valves, thrust struts, engine mounts, and turbine engine components and weldments for aircraft jet engines, ground turbines, and other complex machines.