Insider Selling: Hawaiian Holdings, Inc. (HA) Insider Sells $966,780.00 in Stock

Hawaiian Holdings, Inc. (NASDAQ:HA) insider Mark B. Dunkerley sold 18,000 shares of the business’s stock in a transaction dated Monday, May 15th. The stock was sold at an average price of $53.71, for a total value of $966,780.00. Following the sale, the insider now owns 357,942 shares in the company, valued at approximately $19,225,064.82. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of Hawaiian Holdings, Inc. (NASDAQ:HA) opened at 51.20 on Friday. The company has a 50-day moving average price of $51.26 and a 200-day moving average price of $51.62. Hawaiian Holdings, Inc. has a 12 month low of $34.69 and a 12 month high of $60.90. The stock has a market cap of $2.75 billion, a price-to-earnings ratio of 12.52 and a beta of 1.12.

Hawaiian Holdings (NASDAQ:HA) last released its quarterly earnings results on Thursday, April 20th. The transportation company reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.18. The firm had revenue of $614.20 million for the quarter, compared to the consensus estimate of $610.70 million. Hawaiian Holdings had a return on equity of 48.91% and a net margin of 10.28%. The firm’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.80 EPS. On average, analysts expect that Hawaiian Holdings, Inc. will post $5.19 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Hawaiian Holdings (NASDAQ:HA)

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A number of equities research analysts have recently weighed in on HA shares. Zacks Investment Research lowered Hawaiian Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, March 29th. Imperial Capital boosted their price target on Hawaiian Holdings from $68.00 to $71.00 and gave the stock an “outperform” rating in a research note on Friday, April 21st. Deutsche Bank AG restated a “buy” rating and set a $63.00 price target (up previously from $60.00) on shares of Hawaiian Holdings in a research note on Sunday, April 23rd. Cowen and Company dropped their price target on Hawaiian Holdings from $54.00 to $52.00 and set a “market perform” rating on the stock in a research note on Monday, April 10th. Finally, Morgan Stanley restated an “overweight” rating on shares of Hawaiian Holdings in a research note on Wednesday, February 22nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $54.67.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Tocqueville Asset Management L.P. increased its position in Hawaiian Holdings by 84.2% in the third quarter. Tocqueville Asset Management L.P. now owns 19,250 shares of the transportation company’s stock worth $936,000 after buying an additional 8,800 shares in the last quarter. UBS Asset Management Americas Inc. increased its position in Hawaiian Holdings by 25.1% in the third quarter. UBS Asset Management Americas Inc. now owns 19,120 shares of the transportation company’s stock worth $930,000 after buying an additional 3,839 shares in the last quarter. Rhumbline Advisers increased its position in Hawaiian Holdings by 10.2% in the third quarter. Rhumbline Advisers now owns 71,163 shares of the transportation company’s stock worth $3,459,000 after buying an additional 6,590 shares in the last quarter. BlackRock Group LTD increased its position in Hawaiian Holdings by 21.4% in the third quarter. BlackRock Group LTD now owns 51,379 shares of the transportation company’s stock worth $2,498,000 after buying an additional 9,068 shares in the last quarter. Finally, BlackRock Institutional Trust Company N.A. increased its position in Hawaiian Holdings by 3.8% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 1,272,377 shares of the transportation company’s stock worth $61,838,000 after buying an additional 46,278 shares in the last quarter. Hedge funds and other institutional investors own 88.80% of the company’s stock.

About Hawaiian Holdings

Hawaiian Holdings, Inc is a holding company. The Company is engaged in the scheduled air transportation of passengers and cargo amongst the Hawaiian Islands (the Neighbor Island routes), between the Hawaiian Islands and certain cities in the United States (the North America routes), and between the Hawaiian Islands and the South Pacific, Australia, New Zealand and Asia (the International routes), collectively referred to as its Scheduled Operations.

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