Insider Selling: Era Group Inc (ERA) CFO Sells 772 Shares of Stock

Era Group Inc (NYSE:ERA) CFO Jennifer Dawn Whalen sold 772 shares of the business’s stock in a transaction dated Monday, June 18th. The stock was sold at an average price of $13.63, for a total transaction of $10,522.36. Following the completion of the sale, the chief financial officer now owns 87,061 shares in the company, valued at $1,186,641.43. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Jennifer Dawn Whalen also recently made the following trade(s):

  • On Tuesday, March 20th, Jennifer Dawn Whalen sold 622 shares of Era Group stock. The stock was sold at an average price of $9.60, for a total transaction of $5,971.20.

Shares of Era Group traded up $0.42, hitting $13.72, on Monday, MarketBeat.com reports. The company’s stock had a trading volume of 47,100 shares, compared to its average volume of 65,115. Era Group Inc has a 52-week low of $8.00 and a 52-week high of $13.80. The company has a current ratio of 2.95, a quick ratio of 2.24 and a debt-to-equity ratio of 0.42.

Era Group (NYSE:ERA) last released its quarterly earnings data on Wednesday, May 2nd. The transportation company reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.19) by $0.13. Era Group had a negative net margin of 10.14% and a negative return on equity of 4.26%. The business had revenue of $57.32 million for the quarter.

Separately, ValuEngine upgraded shares of Era Group from a “hold” rating to a “buy” rating in a research report on Saturday, June 2nd.

Several institutional investors have recently added to or reduced their stakes in ERA. Donald Smith & CO. Inc. purchased a new stake in shares of Era Group in the 4th quarter worth about $5,118,000. Senvest Management LLC lifted its holdings in Era Group by 13.5% in the 4th quarter. Senvest Management LLC now owns 1,899,238 shares of the transportation company’s stock valued at $20,417,000 after purchasing an additional 225,900 shares in the last quarter. BlackRock Inc. lifted its holdings in Era Group by 6.3% in the 4th quarter. BlackRock Inc. now owns 2,620,383 shares of the transportation company’s stock valued at $28,169,000 after purchasing an additional 155,137 shares in the last quarter. Millennium Management LLC lifted its holdings in Era Group by 219.4% in the 1st quarter. Millennium Management LLC now owns 115,836 shares of the transportation company’s stock valued at $1,083,000 after purchasing an additional 79,565 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Era Group by 3.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,799,408 shares of the transportation company’s stock valued at $16,824,000 after purchasing an additional 57,118 shares in the last quarter. Institutional investors and hedge funds own 84.29% of the company’s stock.

Era Group Company Profile

Era Group Inc provides helicopter transportation services primarily to the oil and gas exploration, development, and production companies. Its helicopter services include emergency response search and rescue; Alaska flightseeing tours; and other services, as well as utility services to support firefighting, mining, power line, and pipeline survey activities.

Insider Buying and Selling by Quarter for Era Group (NYSE:ERA)

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