A Director at AAR (NYSE: AIR) is Selling Shares

Today, a Director at AAR (AIRResearch Report), David Storch, sold shares of AIR for $366.1K.

Over the last month, David Storch has reported another 3 Sell trades on AIR for a total of $5.04M. In addition to David Storch, 3 other AIR executives reported Sell trades in the last month.

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Based on AAR’s latest earnings report for the quarter ending November 30, the company posted quarterly revenue of $561 million and quarterly net profit of $14.1 million. In comparison, last year the company earned revenue of $493 million and had a net profit of $6.9 million. The company has a one-year high of $52.78 and a one-year low of $29.84. AIR’s market cap is $1.6B and the company has a P/E ratio of 498.91.

The insider sentiment on AAR has been negative according to 37 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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AAR Corp. engages in the provision of products and services to commercial aviation and government and defense industries. It operates through the following segments: Aviation Services and Expeditionary Services.