Edmond Warner Acquires 25,000 Shares of Air Partner plc (AIR) Stock

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Air Partner plc (LON:AIR) insider Edmond Warner purchased 25,000 shares of the stock in a transaction on Monday, May 13th. The shares were purchased at an average cost of GBX 92 ($1.20) per share, with a total value of £23,000 ($30,053.57).

Shares of AIR opened at GBX 93.10 ($1.22) on Thursday. Air Partner plc has a one year low of GBX 71.40 ($0.93) and a one year high of GBX 129 ($1.69). The company has a quick ratio of 0.80, a current ratio of 1.06 and a debt-to-equity ratio of 21.28. The stock has a market cap of $48.78 million and a price-to-earnings ratio of 17.90.

The company also recently declared a dividend, which will be paid on Thursday, July 4th. Shareholders of record on Thursday, June 6th will be given a dividend of GBX 3.85 ($0.05) per share. The ex-dividend date is Thursday, June 6th. This represents a yield of 4.69%. This is a boost from Air Partner’s previous dividend of $1.75. Air Partner’s payout ratio is currently 1.15%.

Separately, Liberum Capital reaffirmed a “buy” rating and set a GBX 115 ($1.50) price target on shares of Air Partner in a research report on Thursday, May 2nd.

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About Air Partner

Air Partner plc provides aviation charter, consulting, and training services worldwide. It operates through four segments: Commercial Jets, Private Jets, Freight, and Consulting & Training. The company provides commercial jet charter services for more than 20 passengers for governments, corporates, sports and entertainment teams, industrial, manufacturing customers, and tour operators; and private jet charter services for up to 19 passengers for business and leisure corporates, high net worth individuals, and governments.

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