Air Transport Services Gr Recent Insider Activity

In a recent SEC filing, it was revealed that Michael L Berger, President at Air Transport Services Gr ATSG, made a noteworthy insider purchase on April 17,.

What Happened: Berger's recent purchase of 49,200 shares of Air Transport Services Gr, disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday, reflects confidence in the company's potential. The total transaction value is $599,748.

Monitoring the market, Air Transport Services Gr's shares up by 3.07% at $12.83 during Thursday's morning.

Get to Know Air Transport Services Gr Better

Air Transport Services Group Inc along with its subsidiaries operates within the airfreight and logistics industry. It leases aircraft and provides airline operations, ground services, aircraft modification and maintenance, and other support services mainly to the cargo transportation and package delivery industries. The company has two reportable segments namely Cargo Aircraft Management and ACMI Services (Aircraft, Crew, Maintenance, and Insurance). It generates a majority of its revenue from the ACMI services segment.

Air Transport Services Gr: Delving into Financials

Negative Revenue Trend: Examining Air Transport Services Gr's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -3.0% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.

Holistic Profitability Examination:

• Gross Margin: The company shows a low gross margin of 18.25%, suggesting potential challenges in cost control and profitability compared to its peers.

• Earnings per Share (EPS): Air Transport Services Gr's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of -0.24.

Debt Management: Air Transport Services Gr's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.33, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

Financial Valuation Breakdown:

• Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 15.16 is lower than the industry average, indicating potential undervaluation for the stock.

• Price to Sales (P/S) Ratio: With a P/S ratio of 0.45 below industry standards, the stock shows potential undervaluation, making it an appealing investment option for those focusing on sales performance.

• EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): With a lower-than-industry-average EV/EBITDA ratio of 4.96, Air Transport Services Gr presents a potential value opportunity, as investors are paying less for each unit of EBITDA.

Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.

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Illuminating the Importance of Insider Transactions

Insider transactions serve as a piece of the puzzle in investment decisions, rather than the entire picture.

In the realm of legality, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities under Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are required to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.

Notably, when a company insider makes a new purchase, it is considered an indicator of their positive expectations for the stock.

Conversely, insider sells may not necessarily signal a bearish stance on the stock and can be motivated by various factors.

Exploring Key Transaction Codes

When it comes to transactions, investors tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S indicates a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.

Check Out The Full List Of Air Transport Services Gr's Insider Trades.

This article was generated by Benzinga's automated content engine and reviewed by an editor.