On November 26, 2024, Alex Khatibi, Executive Vice President at Air Lease Corp, sold 10,000 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 66,300 shares of Air Lease Corp.
Air Lease Corp (AL, Financial) is a leading aircraft leasing company engaged in purchasing commercial aircraft and leasing them to airlines worldwide. The company provides fleet management services to its clients, offering a wide range of aircraft types to meet the diverse needs of airlines.
Over the past year, Alex Khatibi has sold a total of 32,397 shares and has not purchased any shares. The insider transaction history for Air Lease Corp shows that there have been no insider buys in total over the past year, while there have been nine insider sells during the same period.
On the day of the recent sale, shares of Air Lease Corp were trading at $50.40, giving the stock a market cap of $5.648 billion. The company's price-earnings ratio is 11.55, which is lower than the industry median of 17.46 but higher than the company's historical median price-earnings ratio.
With a price of $50.40 and a GF Value of $46.01, Air Lease Corp has a price-to-GF-Value ratio of 1.1, indicating that the stock is fairly valued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company's past returns and growth, as well as future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
