Air T Inc (AIRT): CEO Continues Buying Spree

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Ao Partners I, CEO at Air T Inc (NASDAQ:AIRT) has disclosed the purchase of 2,107 shares of common stock at a unit price of $12.9157, on October 16, 2014. This is Ao Partners I’s eighth acquisition this month, to continue the spree started on January, totaling thirty eighth transactions this year. Now, Ao Partners directly owns a total of 635,898 shares.

Andrew L. Osborne, Director at Air T Inc (NASDAQ:AIRT) has also been active this year, purchasing 3,492 shares of common stock at a price of $11.89 each last February. Also, Jim Simons’ Renaissance Technologies, the largest shareholding institution (amongst those we track), reported a 4% increment in its exposure to the stock during the last filling period, to 112,400 shares.

Air T Inc (NASDAQ:AIRT) operates wholly owned subsidiaries in three industry segments: overnight air cargo, ground equipment sales, and ground support services. Its market cap barely surpasses $30 million.

Disclosure: The author, Jodor Jalit, holds no position in any stocks or funds mentioned.

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