Atlas Air Worldwide Holdings Inc (AAWW) Files Form 4 Insider Selling : William J Flynn Sells 10,000 Shares

Atlas Air Worldwide Holdings Inc (AAWW): William J Flynn , President & CEO of Atlas Air Worldwide Holdings Inc sold 10,000 shares on Jun 6, 2016. The Insider selling transaction was reported by the company on Jun 7, 2016 to the Securities and Exchange Commission. The shares were sold at $45.01 per share for a total value of $450,085.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 27, 2016, Keith H. Mayer (Vice President & Controller) sold 2,000 shares at $44.23 per share price.On May 27, 2016, William J Flynn (President & CEO) sold 10,000 shares at $45.01 per share price.Also, On May 27, 2016, Adam Richard Kokas (EVP, GC & Secty.) sold 1,858 shares at $44.90 per share price.On May 27, 2016, Duncan J. Mcnabb (director) sold 1,111 shares at $44.60 per share price.

Shares of Atlas Air Worldwide Holdings (AAWW) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -0.79 points or -1.81% at $42.75 with 3,39,829 shares getting traded. Post opening the session at $42.97, the shares hit an intraday low of $41.86 and an intraday high of $42.97 and the price vacillated in this range throughout the day. The company has a market cap of $1,061 M and the number of outstanding shares has been calculated to be 2,48,11,018 shares. The 52-week high of Atlas Air Worldwide Holdings is $58.81 and the 52-week low is $31.99.

Atlas Air Worldwide Holdings Money Flow Index Chart

Company has been under the radar of several Street Analysts.Atlas Air Worldwide Holdings is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 49 from a previous price target of $41 .The Rating was issued on May 6, 2016.Atlas Air Worldwide Holdings is Reiterated by Cowen to Market Perform and the brokerage firm has raised the Price Target to $ 55 from a previous price target of $50 .The Rating was issued on May 6, 2016.

Atlas Air Worldwide Holdings Inc. (AAWW) is a holding company with a principal wholly owned operating subsidiary Atlas Air Inc. (Atlas). The Company is a global provider of outsourced aircraft and aviation operating services operating a fleet of around 747 freighters as well as operating 747 and 767 passenger aircraft and 767 freighters. It operates through three segments: ACMI Charter and Dry Leasing. The ACMI segment provides aircraft crew maintenance and insurance services to customers. Also included in the ACMI segment is CMI which provides crew maintenance and insurance services. The Charter segment provides full planeload air cargo and passenger aircraft charters to customers including the air mobility command (AMC) brokers freight forwarders direct shippers airlines sports teams and fans and private charter customers. The Dry Leasing segment provides the leasing of aircraft and engines to customers and operates through Titan a cargo aircraft dry lessor.

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