AEVEX (NYSE:AVEX) Major Shareholder Madison Dearborn Partners Llc Sells 2,273,843 Shares

AEVEX Corp. (NYSE:AVEX - Get Free Report) major shareholder Madison Dearborn Partners Llc sold 2,273,843 shares of AEVEX stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $25.99, for a total value of $59,097,179.57. Following the transaction, the insider owned 22,861,457 shares in the company, valued at $594,169,267.43. This trade represents a 9.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC.

AEVEX Trading Up 0.4%

NYSE:AVEX opened at $22.97 on Tuesday. AEVEX Corp. has a fifty-two week low of $22.27 and a fifty-two week high of $42.34.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Bank of America assumed coverage on AEVEX in a report on Tuesday, May 12th. They set a "buy" rating and a $34.00 price objective on the stock. Zacks Research upgraded AEVEX to a "hold" rating in a report on Wednesday, May 13th. Raymond James Financial assumed coverage on AEVEX in a report on Tuesday, May 12th. They set an "outperform" rating and a $35.00 price objective on the stock. Wall Street Zen upgraded AEVEX to a "hold" rating in a report on Saturday, April 25th. Finally, Royal Bank Of Canada assumed coverage on AEVEX in a report on Tuesday, May 12th. They set an "outperform" rating and a $31.00 price objective on the stock. Nine analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, AEVEX has a consensus rating of "Moderate Buy" and an average target price of $35.63.




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