Air Industries Group (AIRI): Michael N Taglich , director of Air Industries Group purchased 2,500 shares on Jun 10, 2016. The Insider buying transaction was reported by the company on Jun 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $5.00 per share for a total value of $12,500.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 10, 2016, Michael N Taglich (director) purchased 2,500 shares at $4.50 per share price.On Jun 10, 2016, Robert Taglich (director) purchased 2,405 shares at $4.50 per share price.Also, On Jun 6, 2016, David Buonanno (director) purchased 61 shares at $7.85 per share price.
Air Industries Group Inc: On Friday, Jun 10, 2016 heightened volatility was witnessed in Air Industries Group Inc which led to swings in the share price. The shares opened for trading at $4.8 and hit $5.06 on the upside , eventually ending the session at $4.82, with a gain of 2.55% or 0.12 points. The heightened volatility saw the trading volume jump to 28,737 shares. The 52-week high of the share price is $10.64 and the company has a market cap of $36 M . The 52-week low of the share price is at $4.12.
Air Industries Group (AIRI) is an aerospace and defense company. AIRI along with its subsidiaries manufactures and designs structural parts and assemblies that focus on flight safety including landing gear arresting gear engine mounts flight controls throttle quadrants jet engines and other components. AIRI operates through three segments: Complex Machining Aerostructures and Electronics and Turbine Engine Components. The Complex Machining segment consists of Air Industries Machining Corp. (AIM) and Nassau Tool Works Inc. (NTW). The Aerostructures and Electronics segment consists of Welding Metallurgy Inc. (WMI) Woodbine Products Inc. (WPI) Miller Stuart Inc. (MSI) Eur-Pac Corporation (Eur-Pac) and Electronic Connection Corporation (ECC). The Turbine Engine Components segment consists of AMK Welding Inc. (AMK) and The Sterling Engineering Corporation (Sterling). AIRI also provides sheet metal fabrication of aerostructures tube bending and welding services.