Wesco Aircraft Holdings, Inc. (WAIR) ) Getting Popularity Among The Institutional Investors

Wesco Aircraft Holdings, Inc. (NYSE:WAIR) is at least 33.5% than its current record low price of $6.15. There was a 3.01% gain on 01/11/2019 that led the price to move at $8.21. At recent session, the prices were hovering between $7.91 and $8.21. This company shares are 16.93% off its target price of $9.6 and the current market capitalization stands at $793.99M. The recent change has given its price a -11.08% deficit over SMA 50 and -42.28% deficit over its 52-week high. The stock witnessed -8.88% declines, -23.34% declines and -27.35% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found WAIR’s volatility during a week at 2.93% and during a month it has been found around 4.37%.

Wesco Aircraft Holdings, Inc. (WAIR) Top Holders

Institutional investors currently hold around $742 million or 92.3% in WAIR stock. Look at its top three institutional owners. Carlyle Group L.P. owns $189.63 million in Wesco Aircraft Holdings, Inc., which represents roughly 23.88% of the company’s market cap and approximately 25.56% of the institutional ownership. Similar statistics are true for the second largest owner, Makaira Partners Llc, which owns 10,817,428 shares of the stock are valued at $88.81 million. The third largest holder is Blackrock Inc., which currently holds $61.16 million worth of this stock and that ownership represents nearly 7.7% of its market capitalization.

Wesco Aircraft Holdings, Inc. 13F Filings

At the end of September reporting period, 54 institutional holders increased their position in Wesco Aircraft Holdings, Inc. (NYSE:WAIR) by some 6,298,624 shares, 62 decreased positions by 6,416,668 and 15 held positions by 77,671,787. That puts total institutional holdings at 90,387,079 shares, according to SEC filings. The stock grabbed 15 new institutional investments totaling 948,482 shares while 24 institutional investors sold out their entire positions totaling 3,756,025 shares.

Wesco Aircraft Holdings, Inc. (NYSE:WAIR) Insider Trades

Multiple company employees have indulged in significant insider trading. Wesco Aircraft Holdings, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that 10% Owner Makaira Partners Llc has acquired 83,810 shares of Wesco Aircraft Holdings, Inc. (WAIR) in trading session dated Mar. 05, 2018. These shares are worth $776,081 and were traded at $9.26 each. The SEC filing shows that Makaira Partners Llc performed a purchase of 9,800 shares. The 10% Owner added these shares by way of transaction on Feb. 23, 2018. The company’s shares were assimilated at $8.74 per share worth to an investment of some $85,652 on account of Makaira Partners Llc.

10% Owner, Makaira Partners Llc, purchased 550,000 common shares of Wesco Aircraft Holdings, Inc. (WAIR) in the open market. In a transaction dated Feb. 16, 2018, the shares were bought at an average price of $8.8, giving away a sum of $4,840,000. After this purchase, 10,831,139 common shares of WAIR are directly owned by the insider, with total stake valued at $88,923,651.

In the transaction dated Dec. 11, 2017, the great number of shares acquired came courtesy the EVP, Global Strategic Sales; Grant Declan O. added a total of 7,170 shares at an average price of $6.94, amounting to approximately $49,760. The insider now directly owns 70,760 shares worth $580,940.

Wesco Aircraft Holdings, Inc. (WAIR) Analyst Guide

Several analysts have released their opinion on Wesco Aircraft Holdings, Inc. (NYSE:WAIR), with 0 analysts believing it is a strong buy. Whereas 3 of them predict the stock is a hold. Also, there are 2 buy, 1 sell and 1 strong sell ratings, collectively assigning a 3.14 average brokerage recommendation.