ASLE - Insider Decision: Green Equity Investors CF LP Offloads $50.00M Worth Of AerSale Stock | Benzinga
A substantial insider sell was reported on December 19, by Green Equity Investors CF LP, Board Member at AerSale (NASDAQ:ASLE), based on the recent SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that LP sold 4,000,000 shares of AerSale. The total transaction amounted to $50,000,000.
The latest market snapshot at Wednesday morning reveals AerSale shares down by 3.53%, trading at $12.83.
All You Need to Know About AerSale
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.
Breaking Down AerSale's Financial Performance
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 peers, ...