Aerocentury Corp (ACY) Files Form 4 Insider Buying : David Paul Wilson Buys 75 Shares

Aerocentury Corp (ACY): David Paul Wilson , director of Aerocentury Corp purchased 75 shares on Sep 12, 2016. The Insider buying transaction was reported by the company on Sep 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $9.15 per share for a total value of $690.30 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 6, 2016, David Paul Wilson (director) purchased 140 shares at $9.05 per share price.On Sep 6, 2016, Evan M Wallach (director) purchased 600 shares at $8.80 per share price.Also, On May 29, 2015, Neal D Crispin (President & Chairman) purchased 446 shares at $9.15 per share price.On May 29, 2015, Toni M Perazzo (director officer 10% owner (SVP Finance, Secty. &) purchased 446 shares at $9.15 per share price.

Shares of AeroCentury Corp. (ACY) ended Monday, Sep 12, 2016 session in red amid volatile trading. The shares closed down -0.2432 points or -2.61% at $9.06 with 4,770 shares getting traded. Post opening the session at $9.07, the shares hit an intraday low of $9.06 and an intraday high of $9.3 and the price vacillated in this range throughout the day. The company has a market cap of $14 M and the number of outstanding shares has been calculated to be 1,566,699 shares. The 52-week high of AeroCentury Corp. is $14.8799 and the 52-week low is $8.2101.

AeroCentury Corp. Money Flow Index Chart

AeroCentury Corp. acquires used regional aircraft and aircraft engines for lease to regional carriers all over the world. The business of the Company is managed by JetFleet Management Corp. (JMC) an integrated aircraft management marketing and financing business. JMC is a subsidiary of JetFleet Holding Corp (JHC). The Company has been engaged in the business of investing in used regional aircraft equipment leased to foreign and domestic regional air carriers. The Company owns regional aircraft and engines which are leased to customers under triple net leases with terms that are less than the useful life of the assets. As of February 28 2015 the different types of aircraft in the Company’s portfolio were Bombardier Dash-8-300 Bombardier CRJ-700 Bombardier CRJ-900 and Bombardier Dash-8-Q400.

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