Hawaiian Holdings Inc (HA): Shannon Lei Okinaka , EVP, CFO and Treasurer of Hawaiian Holdings Inc sold 10,000 shares on May 10, 2016. The Insider selling transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were sold at $42.92 per share for a total value of $428,819.50 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 18, 2016, Mark B Dunkerley (President and CEO) sold 85,000 shares at $49.74 per share price.On Mar 10, 2016, Lawrence Hershfield (director) sold 200,000 shares at $41.33 per share price.Also, On Mar 10, 2016, Gregory Anderson (director) sold 20,000 shares at $39.87 per share price.On Feb 24, 2016, Peter R Ingram (EVP and CCO) sold 25,000 shares at $40.54 per share price.
Hawaiian Holdings: On Tuesday, May 10, 2016 heightened volatility was witnessed in Hawaiian Holdings which led to swings in the share price. The shares opened for trading at $42.49 and hit $43.08 on the upside , eventually ending the session at $42.84, with a gain of 1.66% or 0.7 points. The heightened volatility saw the trading volume jump to 9,59,644 shares. The 52-week high of the share price is $50.95 and the company has a market cap of $2,296 M . The 52-week low of the share price is at $19.87.
Company has been under the radar of several Street Analysts.Hawaiian Holdings is Reiterated by Cowen to Market Perform and the brokerage firm has raised the Price Target to $ 48 from a previous price target of $36 .The Rating was issued on Apr 22, 2016.Hawaiian Holdings is Downgraded by Deutsche Bank to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 1, 2016.
Hawaiian Holdings Inc. is a holding company. Through its subsidiary Hawaiian Airlines Inc. the Company is engaged in the scheduled air transportation of passengers and cargo. The Company offers transportation amongst the Hawaiian Islands (the Neighbor Island routes); between the Hawaiian Islands and certain cities in the United States (the North America routes) and between the Hawaiian Islands and the South Pacific Australia New Zealand and Asia (the international routes). In addition it operates various charter flights and offers non-stop services to Hawai’i from 11 United States gateway cities. It also provides approximately 166 daily flights between the Hawaiian Islands. The Company’s fleet has approximately 18 Boeing 717-200 aircraft for the Neighbor Island routes and 10 Boeing 767-300 aircraft and 19 Airbus A330-200 aircraft for the North America international and charter routes. It owns three ATR42 turboprop aircraft for the Ohana by Hawaiian Neighbor Island service.