Air TAIRT
AIRT
About: Air T Inc together with its subsidiaries provides air freight service to the express delivery industry. The company's operating segments include Overnight air cargo, Ground equipment sales, Commercial jet engines, and parts, Corporate, and Others. The company generates maximum revenue from the Commercial Jet Engines and Parts segment.
Employees: 624
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
17% more funds holding
Funds holding: 12 [Q2] → 14 (+2) [Q3]
0.51% more ownership
Funds ownership: 7.64% [Q2] → 8.15% (+0.51%) [Q3]
19% less capital invested
Capital invested by funds: $4.5M [Q2] → $3.63M (-$864K) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for AIRT.
Financial journalist opinion
Positive
Zacks Investment Research
1 month ago
Air T Stock Rises Post Q2 Earnings on Higher Revenue, Operating Income
AIRT reports revenue growth and higher operating income in the second quarter of fiscal 2025, driving stock gains. Strong segments include overnight air cargo and jet engines and parts.
Neutral
Accesswire
1 month ago
Air T, Inc. Reports Second Quarter Fiscal 2025 Results
CHARLOTTE, NC / ACCESSWIRE / November 12, 2024 / Air T, Inc. (NASDAQ:AIRT) is an industrious American company with a portfolio of businesses, each of which is independent yet interrelated. We seek dynamic individuals and teams to operate companies with processes and insights that drive increasing value over time.
Neutral
PRNewsWire
1 month ago
Ashland Place Completes New Financing Facility for Crestone Air Partners, Air T, Inc. and Mill Road Capital
NEW YORK , Nov. 12, 2024 /PRNewswire/ -- Ashland Place Finance LLC ("Ashland Place"), a commercial aviation financing platform, today announced the completion of a new facility financing the acquisition of a Boeing 737-800 for Crestone Air Partners, Inc. ("Crestone"), Air T, Inc. ("Air T") and Mill Road Capital Management LLC ("Mill Road"). This is the third transaction that the Ashland Place platform has completed with Crestone, having previously financed the acquisitions of three Boeing 737-800 freighters in January 2024 and four CFM56 engines in July 2022.
Neutral
Accesswire
1 month ago
Air T, Inc. Names Tracy Kennedy as Chief Financial Officer
MINNEAPOLIS, MN / ACCESSWIRE / October 22, 2024 / Air T, Inc. (NASDAQ:AIRT) is pleased to announce the appointment of Tracy Kennedy as Chief Financial Officer, effective October 16, 2024. Tracy has been with Air T for over six years, serving first as Director of Accounting, then Corporate Controller, and most recently as Chief Accounting Officer.
Neutral
Accesswire
4 months ago
Air T, Inc. Announces Webcast Availability for 2024 Annual Meeting of Stockholders
CHARLOTTE, NC / ACCESSWIRE / August 19, 2024 / AIR T, INC (NASDAQ:AIRT) announced today that the Company's 2024 Annual Meeting of Stockholders (the "Annual Meeting") will be available to attendees via webcast as well as in person. As previously announced, the Annual Meeting will be held on Wednesday, August 21, 2024, at 8:30 AM, Central Time.
Negative
Zacks Investment Research
4 months ago
Air T (AIRT) Q1 Earnings Increase Y/Y, Revenues Decline
Despite strength in Air T's (AIRT) Overnight Air Cargo and Corporate and Other segments, overall fiscal first-quarter revenues decline year over year.
Neutral
Accesswire
4 months ago
Air T, Inc. Reports First Quarter Fiscal 2025 Results
CHARLOTTE, NC / ACCESSWIRE / August 14, 2024 / Air T, Inc. (NASDAQ:AIRT) is an industrious American company with a portfolio of businesses, each of which is independent yet interrelated. We seek dynamic individuals and teams to operate companies using processes that increase value over time.
Neutral
Accesswire
4 months ago
Air T, Inc. Announces Departure of Brian Ochocki, Chief Financial Officer
MINNEAPOLIS, MN / ACCESSWIRE / August 7, 2024 / Air T, Inc. (NASDAQ:AIRT) today announced that its Chief Financial Officer, Brian Ochocki, is departing the Company on or about September 3, 2024. Mr. Ochocki commented, "I made this difficult decision with mixed feelings.
Positive
Zacks Investment Research
5 months ago
Air T's (AIRT) Fiscal 2024 Earnings, Revenues Improve Y/Y
Air T's (AIRT) overall topline benefits from revenue growth in the majority of its segments.
Neutral
Accesswire
5 months ago
Air T, Inc. Reports Fiscal 2024 Results
CHARLOTTE, NC / ACCESSWIRE / June 26, 2024 / Air T, Inc. (NASDAQ:AIRT) is an industrious American company with a portfolio of businesses, each of which is independent yet interrelated. We seek dynamic individuals and teams to operate companies using processes that increase value over time.
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