ASLE - AerSale Board Member Trades $50.00M In Company Stock | Benzinga
JONATHAN SEIFFER, Board Member at AerSale (NASDAQ:ASLE), reported an insider sell on December 19, according to a new SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday outlined that SEIFFER executed a sale of 4,000,000 shares of AerSale with a total value of $50,000,000.
The latest update on Wednesday morning shows AerSale shares down by 3.53%, trading at $12.83.
Discovering AerSale: A Closer Look
AerSale Corp is an integrated, diversified global leader in aviation aftermarket products and services. It specializes in the sale, lease, and exchange of used aircraft, engines, and components, in addition to providing a broad range of maintenance, repair, and overhaul, and engineering services for commercial aircraft and components. The company operating segment includes Asset Management Solutions and TechOps. It generates maximum revenue from the Asset Management Solutions segment.
A Deep Dive into AerSale's Financials
Revenue Growth: AerSale's remarkable performance in 3 months is evident. As of 30 September, 2023, the company achieved an impressive revenue growth rate of 81.34%. This signifies a substantial increase in the company's top-line earnings. As compared to its ...