Aar Corp (AIR) Files Form 4 Insider Selling : Peter Pace Sells 5,000 Shares

Aar Corp (AIR): Peter Pace , director of Aar Corp sold 5,000 shares on Sep 26, 2016. The Insider selling transaction was reported by the company on Sep 26, 2016 to the Securities and Exchange Commission. The shares were sold at $29.13 per share for a total value of $145,658.50 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Oct 1, 2015, Marc Jay Walfish (director) purchased 20,000 shares at $18.84 per share price.On Jul 17, 2015, Michael J Sharp (VP, Controller & CAO) sold 5,000 shares at $30.21 per share price.Also, On Jul 17, 2015, Peter Pace (director) sold 5,000 shares at $30.32 per share price.On Apr 17, 2015, Ronald R Fogleman (director) sold 12,666 shares at $29.46 per share price.

AAR Corp.: On Thursday, Sep 22, 2016 heightened volatility was witnessed in AAR Corp. which led to swings in the share price. The shares opened for trading at $28.3 and hit $29.21 on the upside , eventually ending the session at $29.01, with a gain of 3.50% or 0.98 points. The heightened volatility saw the trading volume jump to 3,08,255 shares. The 52-week high of the share price is $29.08 and the company has a market cap of $1,007 M . The 52-week low of the share price is at $18.36.

AAR Corp. Money Flow Index Chart

AAR CORP. is a diversified provider of products and services to the worldwide commercial aviation and government and defense markets. The Company operates in two segments: Aviation Services which provides aftermarket support and services for the commercial aviation and government and defense markets and Technology Products which is involved in the design manufacture and repair of transportation pallets and a range of containers and shelters used in support of military and humanitarian tactical deployment activities. The Company’s products services include aviation supply chain and parts support programs; maintenance repair and overhaul of aircraft and landing gear; design and manufacture of specialized mobility and cargo systems and composite and other precision machined structures; expeditionary airlift services and aircraft modifications and aircraft and engine sales and leasing.

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