Insider Move to Note: Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW)’s EVP & CFO Spencer Schwartz Sold 5,141 Shares

November 23, 2016 - By Ellis Scott

Insider Move to Note: Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW)'s EVP & CFO Spencer Schwartz Sold 5,141 Shares

Spencer Schwartz Insider Sell

Atlas Air Worldwide Holdings Inc EVP & CFO and an insider Spencer Schwartz recently made a sale of 5,141 company shares having a value of $258,592 at an average price per share of $50.3. Spencer Schwartz has about 0.10% of Atlas Air Worldwide Holdings Inc’s stock market cap or 24,255 shares. Dated 22/11/2016, this sudden deal by Spencer Schwartz was revealed in the a legal document submitted together with the U.S. Security and Exchange Commission. It is free at your disposal for review here.

Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) Ratings Coverage

Out of 4 analysts covering Atlas Air Worldwide Holdings (NASDAQ:AAWW), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. $65 is the highest target while $41 is the lowest. The $50.75 average target is -0.29% below today’s ($50.9) stock price. Atlas Air Worldwide Holdings has been the topic of 9 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The rating was maintained by Cowen & Co on Friday, November 4 with “Market Perform”. The firm earned “Sector Perform” rating on Friday, May 6 by RBC Capital Markets. The company was initiated on Thursday, November 17 by Imperial Capital. As per Friday, August 26, the company rating was initiated by Stifel Nicolaus. On Wednesday, August 5 the stock rating was maintained by Imperial Capital with “Outperform”. Cowen & Co maintained it with “Market Perform” rating and $55 target price in Friday, May 6 report. The firm earned “Market Perform” rating on Friday, November 6 by Cowen & Co. The stock of Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) has “Sector Perform” rating given on Friday, November 6 by RBC Capital Markets. The stock of Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) earned “In-Line” rating by Imperial Capital on Friday, September 25.

Insitutional Activity: The institutional sentiment increased to 1 in Q2 2016. Its up 0.02, from 0.98 in 2016Q1. The ratio is positive, as 27 funds sold all Atlas Air Worldwide Holdings, Inc. shares owned while 65 reduced positions. 22 funds bought stakes while 68 increased positions. They now own 32.01 million shares or 1.31% less from 32.43 million shares in 2016Q1.

Rothschild Asset Management holds 0.25% of its portfolio in Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) for 583,003 shares. The Illinois-based Lsv Asset has invested 0.05% in Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW). Walleye Trading Ltd Liability owns 10,811 shares or 0% of their US portfolio. Dekabank Deutsche Girozentrale holds 0% of its portfolio in Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) for 1,584 shares. Dreman Value Mgmt L L C accumulated 0% or 57 shares. Stevens Management Lp last reported 0.02% of its portfolio in the stock. Blackrock Investment last reported 0.01% of its portfolio in the stock. Envestnet Asset Mngmt owns 4,489 shares or 0% of their US portfolio. The Texas-based Next Fincl Grp has invested 0% in Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW). Pub Employees Retirement Association Of Colorado holds 0% of its portfolio in Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) for 10,494 shares. New Amsterdam New York has invested 1.01% of its portfolio in Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW). Gabelli Funds Lc last reported 25,000 shares in the company. Barnett And Inc holds 5,740 shares or 0.13% of its portfolio. Natl Bank Of New York Mellon holds 405,934 shares or 0.01% of its portfolio. First Manhattan has 30,250 shares for 0.01% of their US portfolio.

Insider Transactions: Since May 25, 2016, the stock had 2 insider buys, and 3 selling transactions for $2.07 million net activity. The insider WULFF JOHN K bought 5,000 shares worth $179,500. The insider McNabb Duncan J. sold $49,555. Flynn William J sold $450,050 worth of stock. Kokas Adam Richard had sold 1,858 shares worth $83,424 on Wednesday, May 25. Shares for $88,452 were sold by Mayer Keith H. on Thursday, May 26. 30,507 shares with value of $1.50M were sold by Steen Michael on Monday, November 14.

The stock increased 0.69% or $0.35 during the last trading session, hitting $50.9. About 185,225 shares traded hands. Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) has risen 26.33% since April 21, 2016 and is uptrending. It has outperformed by 21.00% the S&P500.

Atlas Air Worldwide Holdings, Inc., is a holding firm with a principal operating subsidiary, Atlas Air, Inc. (Atlas). The company has a market cap of $1.27 billion. The Firm is a well-known provider of outsourced aircraft and aviation operating services, operating a fleet of 750 freighters, as well as operating 747 and 767 passenger aircraft and 767 freighters. It currently has negative earnings. It also owns and dries leases a fleet of aircraft, including over six 777 freighters.

According to Zacks Investment Research, “Atlas Air Worldwide Holdings, Inc. is the parent company of Atlas Air and Polar Air Cargo, which together operate the world’s largest fleet of Boeing freighter aircraft. AAWW is principally involved in the airport-to-airport air transportation of heavy freight cargo through its two operating subsidiary airlines, Atlas Air, Inc. and Polar Air Cargo, IncAAWW, through its principal subsidiaries Atlas and Polar, offers scheduled air cargo service, cargo charters, military charters, and ACMI aircraft leasing in which customers receive a dedicated aircraft, crew, maintenance and insurance on a long-term lease basis.”

More recent Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) news were published by: Marketwatch.com which released: “Atlas Worldwide started at buy with $49 stock price target at Stifel Nicolaus” on October 08, 2010. Also Wsj.com published the news titled: “Amazon Partners with Atlas Air Worldwide for Cargo Services” on May 05, 2016. Businesswire.com‘s news article titled: “Atlas Air Worldwide to Acquire Southern Air Holdings Inc.” with publication date: January 19, 2016 was also an interesting one.

AAWW Company Profile

Atlas Air Worldwide Holdings, Inc., (AAWW), incorporated on November 28, 2000, is a holding firm with a principal operating subsidiary, Atlas Air, Inc. (Atlas). The Firm is a well-known provider of outsourced aircraft and aviation operating services, operating a fleet of 750 freighters, as well as operating 747 and 767 passenger aircraft and 767 freighters. It also owns and dries leases a fleet of aircraft, including over six 777 freighters. The Firm operates through three divisions, including aircraft, crew, maintenance and insurance (ACMI), Charter and Dry Leasing. The Firm provides outsourced aircraft and aviation operating services throughout the world, serving Africa, Asia, Australia, Europe, the Middle East, North America and South America through contractual service arrangements, including those through which it provides aircraft to clients and value-added services, including ACMI, as well as those through which it provides crew, maintenance and insurance; cargo and passenger charter services (Charter), and dry leasing aircraft and engines (Dry Leasing or Dry Lease). The Company’s clients include airlines, express delivery providers, freight forwarders, the United States military and charter brokers.

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