Air Lease (AL) - FREE Research Report Udvar-Hazy Steven F, who is Chairman and CEO at Air Lease, sold 6,469 shares at $37.00 on April 25, 2014. Following this transaction, the Chairman and CEO owned 1.0 million shares meaning that the stake was reduced by 0.62% with the 6,469-share transaction. The shares most recently traded at $35.63, down $1.37, or 3.85% since the insider transaction. Historical insider transactions for Air Lease go as follows:
4-Week # shares sold: 4,020
12-Week # shares sold: 4,020
24-Week # shares sold: 3.9 million
The average volume for Air Lease has been 735,700 shares per day over the past 30 days. Air Lease has a market cap of $3.7 billion and is part of the services sector and diversified services industry. Shares are up 15.8% year-to-date as of the close of trading on Friday. Air Lease Corporation is engaged in the purchase and leasing of commercial jet transport aircraft to airlines worldwide. The company also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, and airlines. The stock currently has a dividend yield of 0.32%. The company has a P/E ratio of 20.8. Currently, there are 7 analysts who rate Air Lease a buy, no analysts rate it a sell, and 3 rate it a hold. Exclusive Offer: Get the latest Stock Analysis on AL - FREETheStreet Quant Ratings rates Air Lease as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full Air Lease Ratings Report from TheStreet Quant Ratings now. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.