The EVP, GC, Corp Secretary & CCO of Air Lease (AL) is Selling Shares


Yesterday, the EVP, GC, Corp Secretary & CCO of Air Lease (AL), Carol Hyland Forsyte, sold shares of AL for $487.8K.

In addition to Carol Hyland Forsyte, 2 other AL executives reported Sell trades in the last month.

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Based on Air Lease’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $531 million and quarterly net profit of $156 million. In comparison, last year the company earned revenue of $451 million and had a net profit of $147 million. The company has a one-year high of $47.54 and a one-year low of $28.13. Currently, Air Lease has an average volume of 805.92K.

One of the top 25 analysts, according to TipRanks.com, recently recommended Buy AL with a $50.00 price target.

The insider sentiment on Air Lease has been negative according to 70 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Air Lease Corp. engages in the provision of aircraft leasing business. It focuses on purchasing new commercial jet transport aircraft directly from aircraft manufacturers, and leasing those aircraft to airlines throughout the world with the intention to generate attractive returns on equity.

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