An Insider at Air Transport Services (NASDAQ: ATSG) is Selling Shares

By Carrie Williams

Yesterday, an Insider at Air Transport Services (NASDAQ: ATSG), Joseph Edward Roux, sold shares of ATSG for $236.3K.

Following Joseph Edward Roux’s last ATSG Sell transaction on March 24, 2017, the stock climbed by 7.4%.

Based on Air Transport Services’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $254 million and GAAP net loss of $32.88 million. In comparison, last year the company earned revenue of $193 million and had a net profit of $2.16 million. The company has a one-year high of $26.75 and a one-year low of $14.97. Currently, Air Transport Services has an average volume of 505.4K.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $26, reflecting a -11.9% downside.

The insider sentiment on Air Transport Services has been negative according to 52 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Air Transport Services Group, Inc. engages in the provision of airline operations, aircraft leases, aircraft maintenance and other support services primarily to the cargo transportation and package delivery industries. It operates through two segments: ACMI Services and CAM .