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FTAI Aviation (NASDAQ:FTAI) Director Sells $34,810,504.96 in Stock

FTAI Aviation logo with Aerospace background
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Key Points

  • Director Martin Tuchman sold a total of 254,260 shares of FTAI across May 1 and May 4 for roughly $61.53 million (including a 143,584‑share block worth $34.81M disclosed in an SEC filing).
  • FTAI missed Q1 EPS expectations—reporting $1.29 vs. a $1.61 consensus—while revenue rose to $830.7M (+65.4% YoY); the company also announced a $0.45 dividend (ex‑dividend May 13) and carries a MarketBeat consensus "Buy" target of $323.63.
  • Interested in FTAI Aviation? Here are five stocks we like better.

FTAI Aviation Ltd. (NASDAQ:FTAI - Get Free Report) Director Martin Tuchman sold 143,584 shares of the firm's stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $242.44, for a total transaction of $34,810,504.96. Following the completion of the transaction, the director directly owned 236,302 shares in the company, valued at $57,289,056.88. This trade represents a 37.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Martin Tuchman also recently made the following trade(s):

  • On Monday, May 4th, Martin Tuchman sold 67,500 shares of FTAI Aviation stock. The shares were sold at an average price of $241.99, for a total transaction of $16,334,325.00.
  • On Monday, May 4th, Martin Tuchman sold 43,176 shares of FTAI Aviation stock. The stock was sold at an average price of $240.64, for a total transaction of $10,389,872.64.

FTAI Aviation Stock Up 1.8%

FTAI traded up $4.36 during trading on Tuesday, reaching $244.37. The company had a trading volume of 1,281,080 shares, compared to its average volume of 1,738,213. The company has a debt-to-equity ratio of 10.32, a current ratio of 5.28 and a quick ratio of 2.30. FTAI Aviation Ltd. has a 12 month low of $97.50 and a 12 month high of $323.51. The business's fifty day moving average price is $254.67 and its 200 day moving average price is $224.33. The company has a market cap of $25.07 billion, a P/E ratio of 48.49, a PEG ratio of 0.91 and a beta of 1.49.

FTAI Aviation (NASDAQ:FTAI - Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The financial services provider reported $1.29 earnings per share for the quarter, missing analysts' consensus estimates of $1.61 by ($0.32). FTAI Aviation had a net margin of 18.92% and a return on equity of 214.24%. The company had revenue of $830.70 million during the quarter. During the same quarter in the prior year, the firm posted $0.87 earnings per share. The business's quarterly revenue was up 65.4% on a year-over-year basis. Equities analysts anticipate that FTAI Aviation Ltd. will post 7.21 EPS for the current year.

FTAI Aviation Announces Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, May 26th. Shareholders of record on Wednesday, May 13th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Wednesday, May 13th. FTAI Aviation's payout ratio is 31.75%.

Hedge Funds Weigh In On FTAI Aviation

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Capital World Investors increased its position in shares of FTAI Aviation by 41.1% during the fourth quarter. Capital World Investors now owns 8,916,830 shares of the financial services provider's stock valued at $1,755,290,000 after buying an additional 2,596,265 shares during the period. Norges Bank purchased a new stake in FTAI Aviation in the fourth quarter worth approximately $262,393,000. Northern Right Capital Management L.P. boosted its stake in FTAI Aviation by 884.1% in the second quarter. Northern Right Capital Management L.P. now owns 885,675 shares of the financial services provider's stock worth $101,888,000 after buying an additional 795,675 shares in the last quarter. Rubric Capital Management LP boosted its stake in shares of FTAI Aviation by 28.3% during the second quarter. Rubric Capital Management LP now owns 3,394,080 shares of the financial services provider's stock valued at $390,455,000 after purchasing an additional 749,080 shares during the period. Finally, JPMorgan Chase & Co. increased its position in shares of FTAI Aviation by 396.7% in the third quarter. JPMorgan Chase & Co. now owns 831,414 shares of the financial services provider's stock valued at $138,730,000 after acquiring an additional 664,037 shares during the period. 88.96% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently commented on FTAI shares. Royal Bank Of Canada upped their price target on shares of FTAI Aviation from $270.00 to $350.00 and gave the company an "outperform" rating in a research note on Monday, January 26th. Zacks Research raised FTAI Aviation from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 22nd. Weiss Ratings downgraded FTAI Aviation from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday, April 29th. Jefferies Financial Group reiterated a "buy" rating and issued a $400.00 price objective on shares of FTAI Aviation in a report on Sunday. Finally, Barclays increased their target price on shares of FTAI Aviation from $260.00 to $350.00 and gave the company an "overweight" rating in a research report on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, FTAI Aviation presently has a consensus rating of "Buy" and a consensus target price of $323.63.

Check Out Our Latest Research Report on FTAI

FTAI Aviation Company Profile

(Get Free Report)

FTAI Aviation NASDAQ: FTAI is a commercial aircraft leasing company that acquires, manages and leases wide-body jet aircraft to airlines globally. The company's portfolio is focused on modern, fuel-efficient Boeing models, including the 767, 777 and 787 families, which are deployed under long-term operating leases. By concentrating on in-demand wide-body assets, FTAI Aviation seeks to deliver stable cash flows through lease rentals and maintenance reserve collections while providing airlines with flexible fleet solutions.

In addition to lease origination, FTAI Aviation offers end-to-end asset management services.

Further Reading

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