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Insider Sale at Atlas Air Worldwide (AAWW) Continues Selling Trend

05/10/2021 18:26

10:20 PM EDT, 05/10/2021 (MT Newswires) -- One Atlas Air Worldwide insider John W Dietrich, Director and Officer, today, disposed of 25,000 shares having a market value of approximately $1,757,205, as disclosed in a form 4 document filed with the SEC. There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 76,863 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 101,863 shares and have averaged 20,373 shares per transaction over this time period.

The number of insider buy/sell trades at Atlas Air Worldwide is less than the 2 peer company average over the last 90-day period. The Air Freight peer group saw 15 buy/sell trades during this period for an average of 7.5 transactions per company. However, the number of shares per buy/sell trade for Atlas Air Worldwide is higher. Within the peer group there were 0 shares purchased and 124,215 shares sold with company insiders disposing of 8,281 shares on average.

The data used in evaluating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.