Key Points
- COO John Uczekaj sold 3,415 shares on April 6 at an average price of $8.84 for a total of $30,188.60, trimming his stake by 14.52% to 20,111 shares; the sale was disclosed with the SEC and was made to cover tax withholding on vested equity awards.
- AIRO stock trades near $8.75 (50-day MA $9.71, 200-day MA $11.95) with a 12‑month range of $7.28–$39.07, a market cap of about $275M and an elevated P/E of ~437.5; analysts are mixed but show a consensus "Moderate Buy" with a target price around $19.67.
AIRO Group Holdings, Inc. (NASDAQ:AIRO - Get Free Report) COO John Uczekaj sold 3,415 shares of the business's stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $8.84, for a total transaction of $30,188.60. Following the completion of the transaction, the chief operating officer directly owned 20,111 shares of the company's stock, valued at $177,781.24. The trade was a 14.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
John Uczekaj also recently made the following trade(s):
- On Thursday, March 12th, John Uczekaj sold 396 shares of AIRO Group stock. The shares were sold at an average price of $10.43, for a total transaction of $4,130.28.
AIRO Group Trading Up 0.5%
Shares of AIRO stock opened at $8.75 on Tuesday. The firm has a 50-day moving average price of $9.71 and a 200 day moving average price of $11.95. AIRO Group Holdings, Inc. has a twelve month low of $7.28 and a twelve month high of $39.07. The company has a market capitalization of $275.01 million and a price-to-earnings ratio of 437.50.
AIRO Group (NASDAQ:AIRO - Get Free Report) last announced its earnings results on Tuesday, March 31st. The company reported $0.02 earnings per share for the quarter. The firm had revenue of $48.28 million during the quarter.
Analyst Ratings Changes
A number of research analysts have recently commented on AIRO shares. Weiss Ratings reaffirmed a "sell (e)" rating on shares of AIRO Group in a research note on Monday, December 29th. Wall Street Zen raised shares of AIRO Group from a "sell" rating to a "hold" rating in a research note on Saturday, December 20th. Finally, Mizuho dropped their price objective on shares of AIRO Group from $25.00 to $20.00 and set an "outperform" rating for the company in a research note on Monday, January 5th. Three research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, AIRO Group has an average rating of "Moderate Buy" and a consensus target price of $19.67.
Get Our Latest Report on AIRO
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of AIRO. Woodline Partners LP increased its stake in shares of AIRO Group by 41.0% during the 3rd quarter. Woodline Partners LP now owns 2,753,067 shares of the company's stock valued at $52,859,000 after acquiring an additional 800,456 shares during the last quarter. Alyeska Investment Group L.P. acquired a new stake in AIRO Group during the 3rd quarter worth approximately $15,030,000. Ilex Capital Partners UK LLP acquired a new stake in AIRO Group during the 2nd quarter worth approximately $18,750,000. HighTower Advisors LLC increased its position in AIRO Group by 936.8% during the 4th quarter. HighTower Advisors LLC now owns 666,176 shares of the company's stock worth $5,449,000 after purchasing an additional 601,924 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in AIRO Group by 406.0% during the 3rd quarter. Vanguard Group Inc. now owns 505,951 shares of the company's stock worth $9,714,000 after purchasing an additional 405,951 shares in the last quarter.
About AIRO Group
(
Get Free Report)
We are a technologically differentiated aerospace, autonomy, and air mobility platform targeting 21st century aerospace and defense opportunities. We leverage decades of industry expertise and connections across the drone, aviation, and avionics markets to provide leading solutions to the aerospace and defense market. We offer connected and diversified solutions providing operational synergies across our segments and are powered by an international footprint as well as supplier and public sector relationships.
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