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Air Lease Corp (AL) EVP Alex A Khatibi Sold $5.7 million of Shares

EVP of Air Lease Corp (30-Year Financial, Insider Trades) Alex A Khatibi (insider trades) sold 140,000 shares of AL on 08/29/2019 at an average price of $40.83 a share. The total sale was $5.7 million.

Air Lease Corp is a U.S based aircraft leasing company. Its main source of revenue comes through the leasing of narrow and wide-bodied jet aircrafts primarily in the European market. Air Lease Corp has a market cap of $4.64 billion; its shares were traded at around $41.54 with a P/E ratio of 8.47 and P/S ratio of 2.56. The dividend yield of Air Lease Corp stocks is 1.18%. Air Lease Corp had annual average EBITDA growth of 14.90% over the past five years. GuruFocus has detected 1 severe warning sign with Air Lease Corp. .

Directors and Officers Recent Trades:

  • EVP, Marketing Kishore Korde sold 10,106 shares of AL stock on 08/30/2019 at the average price of $41.51. The price of the stock has increased by 0.07% since.
  • EVP Alex A Khatibi sold 140,000 shares of AL stock on 08/29/2019 at the average price of $40.83. The price of the stock has increased by 1.74% since.
  • Executive Chairman Steven F Udvar-hazy sold 267,211 shares of AL stock on 08/20/2019 at the average price of $38.68. The price of the stock has increased by 7.39% since.
  • EVP Marc H Baer sold 10,000 shares of AL stock on 08/20/2019 at the average price of $39. The price of the stock has increased by 6.51% since.
  • Executive Chairman Steven F Udvar-hazy sold 507,789 shares of AL stock on 08/15/2019 at the average price of $38.58. The price of the stock has increased by 7.67% since.

For the complete insider trading history of AL, click here

.This article first appeared on GuruFocus.