AIR T Inc insider trading
Every open-market purchase and sale by AIR T Inc's officers, directors and largest shareholders since November 4, 2021, and what the share price did next.
Does following AIR T Inc’s insiders pay?
From March 26, 2012 to December 5, 2024, 14 insiders reported 153 open-market purchases and 13 sales not made under a pre-set plan in AIR T Inc. Twelve months after each purchase was reported, the shares were +7.7% against the S&P 500 on average (median +3.1%), over 153 purchases with a full year of prices; 52% beat the index. After sales, the shares moved −16.7% against the index over 12 months (a negative figure means selling was the right call). Buying each purchase the day after it was reported, an equal amount each, held 12 months or until that insider reported a sale, would have turned $10,000 on March 27, 2012 into $35,636 by November 2, 2026, +9.1% a year. It held shares 86% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $47,560 (+11.3% a year), and held throughout $68,843 (+14.2%).
| Insider | Role | Purchases | 12 months after their purchases | Beat the S&P 500 | Sales | 12 months after their sales | Latest report |
|---|---|---|---|---|---|---|---|
| Swenson Nicholas John | CEO | 78 | +2.3% (78) | 53% | 0 | — | February 16, 2022 |
| Ao Partners I, LP | CEO | 24 | +23.4% (24) | 58% | 0 | — | October 27, 2014 |
| Ao Partners LLC | CEO | 23 | +35.0% (23) | 78% | 0 | — | October 30, 2014 |
| Cabillot Raymond E | Director | 15 | −18.1% (15) | 27% | 0 | — | September 16, 2022 |
| Kohler Gary S | Director | 5 | −23.9% (5) | 0% | 1 | +0.9% (1) | December 31, 2020 |
| Barkett Seth G | Director | 1 | −37.8% (1) | 0% | 3 | +3.6% (3) | March 20, 2020 |
| Biglari, Sardar | 10% owner | 0 | — | — | 3 | −29.4% (3) | July 5, 2016 |
| Foudray William R | Director | 3 | −4.5% (3) | 33% | 0 | — | December 5, 2024 |
| Lion Fund II, L.P. | 10% owner | 1 | −11.2% (1) | 0% | 2 | −41.0% (2) | May 12, 2016 |
| Biglari Capital Corp. | 10% owner | 0 | — | — | 2 | −38.1% (2) | June 2, 2016 |
| Reeves John A | Director | 0 | — | — | 2 | +9.0% (2) | March 27, 2018 |
| Air T Inc | 10% owner | 1 | +57.9% (1) | 100% | 0 | — | June 19, 2017 |
| Mcclung Peter B. | Director | 1 | −15.3% (1) | 0% | 0 | — | September 20, 2022 |
| Osborne Andrew L | Director | 1 | +49.7% (1) | 100% | 0 | — | February 21, 2014 |
When several insiders traded AIR T Inc
Months when 2 or more insiders became net buyers, or 3 or more net sellers, of AIR T Inc in reports dated in the 91 days before the month end, and how the stock did against the S&P 500 from that month end. After the 11 buying crowds with six months of prices, it averaged +2.3% against the index. After 1 selling crowd, −34.6%. One company's history is too short to judge by; the test across every company is the better guide.
| Month | Crowd | 3 months on, vs S&P 500 | 6 months | 12 months |
|---|---|---|---|---|
| September 30, 2022 | 2 buying | +36.8% | +32.9% | +11.5% |
| August 31, 2021 | 2 buying | −25.1% | −26.5% | −37.2% |
| January 29, 2021 | 3 buying | −2.6% | +30.9% | −13.7% |
| March 31, 2020 | 2 buying | −26.2% | −52.6% | +33.8% |
| October 31, 2018 | 2 buying | −20.9% | −36.1% | −37.8% |
| May 31, 2018 | 2 buying | +0.9% | −7.8% | −17.6% |
| June 30, 2017 | 2 buying | −21.1% | +5.0% | +38.3% |
| April 29, 2016 | 3 selling | −20.4% | −34.6% | −44.3% |
| June 30, 2014 | 2 buying | −1.0% | +87.0% | +53.9% |
| September 30, 2013 | 3 buying | −4.0% | −4.7% | −3.8% |
| December 31, 2012 | 2 buying | +0.9% | +8.2% | +13.3% |
| April 30, 2012 | 2 buying | −6.3% | −10.7% | −12.7% |