What Did This CEO Just Do with Personal Shares of Air Lease (NYSE: AL)?

On November 20, the CEO & President of Air Lease (ALResearch Report), John Plueger, sold shares of AL for $3.08M.

Following John Plueger’s last AL Sell transaction on May 17, 2019, the stock climbed by 0.9%. In addition to John Plueger, one other AL executive reported Sell trades in the last month.

See today’s analyst top recommended stocks >>

The company has a one-year high of $49.96 and a one-year low of $8.41. AL’s market cap is $4.24 billion and the company has a P/E ratio of 7.70.

Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $43.00, reflecting a -11.1% downside.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Air Lease Corp. engages in the provision of aircraft leasing business. It focuses on purchasing new commercial jet transport aircraft directly from aircraft manufacturers, and leasing those aircraft to airlines throughout the world with the intention to generate attractive returns on equity. The company was founded by Steven F. Udvar-Hazy in January 2010 and is headquartered in Los Angeles, CA.