MYDA Advisors LLC purchased a new stake in AerSale Co. (NASDAQ:ASLE - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 74,000 shares of the company's stock, valued at approximately $466,000. MYDA Advisors LLC owned about 0.14% of AerSale as of its most recent filing with the SEC.
A number of other large investors also recently made changes to their positions in the business. Private Management Group Inc. acquired a new position in AerSale during the fourth quarter worth approximately $6,994,000. Peapod Lane Capital LLC purchased a new stake in shares of AerSale during the 4th quarter valued at $2,499,000. Trexquant Investment LP increased its holdings in shares of AerSale by 67.4% during the 4th quarter. Trexquant Investment LP now owns 234,440 shares of the company's stock worth $1,477,000 after buying an additional 94,397 shares during the last quarter. Fox Run Management L.L.C. purchased a new position in shares of AerSale in the 4th quarter worth $406,000. Finally, Raymond James Financial Inc. acquired a new position in AerSale in the fourth quarter valued at $261,000. Hedge funds and other institutional investors own 69.48% of the company's stock.
Wall Street Analyst Weigh In
Separately, Royal Bank of Canada upped their price target on AerSale from $7.00 to $8.00 and gave the stock a "sector perform" rating in a research note on Friday, March 7th.
Get Our Latest Research Report on ASLE
AerSale Trading Up 2.5 %
Shares of ASLE traded up $0.17 during midday trading on Friday, reaching $6.72. 179,003 shares of the company were exchanged, compared to its average volume of 401,329. AerSale Co. has a 1-year low of $4.53 and a 1-year high of $9.40. The company has a market cap of $357.76 million, a price-to-earnings ratio of 672.17 and a beta of 0.27. The stock has a 50-day moving average price of $7.38 and a 200-day moving average price of $6.55.
About AerSale
(
Free Report)
AerSale Corporation provides aftermarket commercial aircraft, engines, and its parts to passenger and cargo airlines, leasing companies, original equipment manufacturers, and government and defense contractors, as well as maintenance, repair, and overhaul (MRO) service providers worldwide. It operates in two segments, Asset Management Solutions and Technical Operations (TechOps).
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