Wesco Aircraft Holdings, Inc (WAIR) Files Form 4 Insider Buying : David J. Castagnola Buys 1,000 Shares

Wesco Aircraft Holdings, Inc (WAIR): David J. Castagnola , CEO of Wesco Aircraft Holdings, Inc purchased 1,000 shares on Apr 21, 2016. The Insider buying transaction was reported by the company on Apr 22, 2016 to the Securities and Exchange Commission. The shares were purchased at $14.97 per share for a total value of $14,966.60 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 22, 2016, David J. Castagnola (CEO) purchased 1,045 shares at $14.32 per share price.On Dec 1, 2015, Thomas Bancroft (director) purchased 41,632 shares at $13.00 per share price.Also, On Feb 26, 2015, Robert D Paulson (director) purchased 5,000 shares at $15.09 per share price.

Shares of Wesco Aircraft Holdings Inc (WAIR) ended Wednesday, Apr 20, 2016 session in red amid volatile trading. The shares closed down -0.09 points or -0.60% at $14.81 with 3,04,028 shares getting traded. Post opening the session at $14.92, the shares hit an intraday low of $14.71 and an intraday high of $15.03 and the price vacillated in this range throughout the day. The company has a market cap of $1,450 M and the number of outstanding shares has been calculated to be 9,79,34,609 shares. The 52-week high of Wesco Aircraft Holdings Inc is $16.7 and the 52-week low is $9.91.

Wesco Aircraft Holdings Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Wesco Aircraft Holdings Inc is Reiterated by Rosenblatt to Neutral and the brokerage firm has raised the Price Target to $ 13 from a previous price target of $11 .The Rating was issued on Apr 4, 2016.

Wesco Aircraft Holdings Inc. formerly Wesco Holdings Inc. is a distributor and provider of supply chain management solutions to the global aerospace industry. The Company’s services range from traditional distribution to the management of supplier relationships quality assurance kitting just-in-time (JIT) delivery and point-of-use inventory management. The Company operates business through two segments which include North America and Rest of World. The Company supplies 575000 active stock-keeping units (SKUs) including hardware chemicals electronic components bearings tools and machined parts. The Company serves 8300 customers which includes commercial military and general aviation sectors including the original equipment manufacturers (OEMs) and their subcontractors. The Company also services industrial customers which include customers in the automotive energy pharmaceutical and electronics sectors.

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