Aercap Holdings N.V. (AER) has been under a strong bear grip, hence the stock is down -4.34% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 5.44% in the past 1 week. The stock has risen by 7.01% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.16% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 5.08% and the 50-Day Moving Average is 0.62%.
Aercap Holdings N.V. (NYSE:AER): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $37.07 and $36.67 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $37.27. The buying momentum continued till the end and the stock did not give up its gains. It closed at $36.92, notching a gain of 0.11% for the day. The total traded volume was 1,588,391 . The stock had closed at $36.88 on the previous day.
Institutional Investors own 87.41% of Aercap Holdings N.V. shares. During last six month period, the net percent change held by insiders has seen a change of 52.43%. In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Aercap Holdings N.V., Jonkhart Marius had purchased shares worth of $173,100 in a transaction dated on February 25, 2016. A total of 5,000 shares were purchased at a price of $34.62 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
AerCap Holdings N.V. is an independent aircraft leasing company. The Company is engaged in leasing, financing, sales and management of commercial aircraft and engines. The Company owns 1,132 aircraft, including 1,100 aircraft held for operating lease, 27 aircraft under finance and sales-type lease, four aircraft that met the criteria for being classified as held for sale and one aircraft under contract to be parted-out, but excluding three aircraft owned by AeroTurbine. The Company also managed 115 aircraft and AerDragon, a non-consolidated joint venture, owned or had on order another 32 aircraft. The Company also has 380 new aircraft on order. The Companys owned and managed aircraft are leased to over 200 commercial airline and cargo operator customers in approximately 90 countries. The Company offers aircraft services, including aircraft asset management, administrative services and cash management services.