Air Transport Services Group Inc. (NASDAQ:ATSG) CFO Quint O. Turner sold 4,900 shares of the company’s stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $23.34, for a total value of $114,366.00. Following the completion of the sale, the chief financial officer now owns 242,673 shares in the company, valued at approximately $5,663,987.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Air Transport Services Group Inc. (NASDAQ ATSG) opened at $23.95 on Monday. The stock has a market capitalization of $1,415.95, a P/E ratio of 30.32 and a beta of 1.88. 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 $15.34 and a 1 year high of $27.67.
ATSG has been the topic of a number of recent research reports. Stephens restated a “buy” rating and issued a $32.00 target price on shares of Air Transport Services Group in a research note on Wednesday, January 10th. Zacks Investment Research upgraded Air Transport Services Group from a “hold” rating to a “buy” rating and set a $27.00 target price on the stock in a research note on Tuesday, January 9th. BidaskClub upgraded Air Transport Services Group from a “hold” rating to a “buy” rating in a research note on Tuesday, January 9th. Stifel Nicolaus reiterated a “hold” rating and set a $22.00 price target (up previously from $20.00) on shares of Air Transport Services Group in a research report on Tuesday, November 7th. Finally, ValuEngine downgraded Air Transport Services Group from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $25.57.
About Air Transport Services Group
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.
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