Blade Air Mobility, Inc. (NASDAQ:BLDE - Get Free Report) CAO Amir Cohen sold 4,220 shares of Blade Air Mobility stock in a transaction on Wednesday, April 3rd. The shares were sold at an average price of $3.28, for a total value of $13,841.60. Following the completion of the transaction, the chief accounting officer now owns 95,382 shares of the company's stock, valued at approximately $312,852.96. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Amir Cohen also recently made the following trade(s):
- On Wednesday, March 13th, Amir Cohen sold 8,057 shares of Blade Air Mobility stock. The shares were sold at an average price of $2.70, for a total value of $21,753.90.
Blade Air Mobility Price Performance
NASDAQ BLDE opened at $3.73 on Friday. The stock has a fifty day moving average of $3.12 and a 200-day moving average of $2.98. Blade Air Mobility, Inc. has a 52 week low of $2.06 and a 52 week high of $4.54.
Blade Air Mobility (NASDAQ:BLDE - Get Free Report) last released its earnings results on Tuesday, March 12th. The company reported ($0.23) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.10). The firm had revenue of $47.48 million during the quarter, compared to analyst estimates of $48.70 million. Blade Air Mobility had a negative net margin of 24.90% and a negative return on equity of 13.71%. On average, sell-side analysts anticipate that Blade Air Mobility, Inc. will post -0.22 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Blade Air Mobility
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A number of institutional investors have recently made changes to their positions in BLDE. Graham Capital Management L.P. acquired a new stake in shares of Blade Air Mobility during the third quarter worth $27,000. Advisor Group Holdings Inc. grew its stake in shares of Blade Air Mobility by 36.6% during the fourth quarter. Advisor Group Holdings Inc. now owns 8,795 shares of the company's stock worth $31,000 after purchasing an additional 2,355 shares during the period. Pathstone Family Office LLC acquired a new stake in shares of Blade Air Mobility during the third quarter worth $36,000. Jump Financial LLC acquired a new stake in shares of Blade Air Mobility during the third quarter worth $36,000. Finally, CI Private Wealth LLC acquired a new stake in shares of Blade Air Mobility during the fourth quarter worth $36,000. 47.36% of the stock is owned by institutional investors and hedge funds.
About Blade Air Mobility
(
Get Free Report)
Blade Air Mobility, Inc provides air transportation alternatives to the congested ground routes in the United States. It provides its services through charter and by-the-seat flights using helicopters, jets, turboprops, and amphibious seaplanes. The company was founded in 2014 and is headquartered in New York, New York.
Further Reading
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