27,324 Shares in Air Industries Group Inc (NYSEAMERICAN:AIRI) Purchased by JFS Wealth Advisors LLC

JFS Wealth Advisors LLC acquired a new position in shares of Air Industries Group Inc (NYSEAMERICAN:AIRI) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 27,324 shares of the aerospace company’s stock, valued at approximately $30,000.

In other Air Industries Group news, Director Peter Rettaliata sold 46,667 shares of the firm’s stock in a transaction dated Tuesday, August 13th. The stock was sold at an average price of $1.00, for a total value of $46,667.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Separately, Zacks Investment Research raised Air Industries Group from a “hold” rating to a “buy” rating and set a $1.25 price target on the stock in a report on Thursday.

Shares of NYSEAMERICAN:AIRI traded up $0.04 on Friday, hitting $1.20. The company’s stock had a trading volume of 60 shares, compared to its average volume of 25,660. Air Industries Group Inc has a 1 year low of $0.70 and a 1 year high of $1.48.

Air Industries Group (NYSEAMERICAN:AIRI) last released its quarterly earnings results on Thursday, August 8th. The aerospace company reported ($0.03) earnings per share for the quarter, meeting the consensus estimate of ($0.03). The business had revenue of $13.37 million during the quarter, compared to analysts’ expectations of $13.50 million.

Air Industries Group Profile

Air Industries Group, an aerospace and defense company, designs and manufactures structural parts and assemblies that focus on flight safety. The company operates through three segments: Complex Machining, Aerostructures & Electronics, and Turbine Engine Components. It offers landing gear, arresting gear, engine mounts, flight controls, throttle quadrants, jet engines, and other components; sheet metal fabrication of aero structures; and tube bending and welding services.

Featured Story: Average Daily Trade Volume – What It Means In Stock Trading

Want to see what other hedge funds are holding AIRI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Air Industries Group Inc (NYSEAMERICAN:AIRI).

Receive News & Ratings for Air Industries Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air Industries Group and related companies with MarketBeat.com's FREE daily email newsletter.