JFS Wealth Advisors LLC Purchases Shares of 27,324 Air Industries Group Inc (NYSEAMERICAN:AIRI)

JFS Wealth Advisors LLC purchased a new stake in Air Industries Group Inc (NYSEAMERICAN:AIRI) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 27,324 shares of the aerospace company’s stock, valued at approximately $30,000. JFS Wealth Advisors LLC owned 0.10% of Air Industries Group as of its most recent filing with the Securities & Exchange Commission.

In related news, Director Peter Rettaliata sold 46,667 shares of the company’s stock in a transaction on Tuesday, August 13th. The stock was sold at an average price of $1.00, for a total transaction of $46,667.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Separately, Zacks Investment Research raised Air Industries Group from a “hold” rating to a “buy” rating and set a $1.25 target price on the stock in a research report on Thursday.

Shares of NYSEAMERICAN:AIRI traded up $0.04 during trading on Friday, reaching $1.20. 60 shares of the stock were exchanged, compared to its average volume of 25,660. Air Industries Group Inc has a 1-year low of $0.70 and a 1-year high of $1.48.

Air Industries Group (NYSEAMERICAN:AIRI) last issued its earnings results on Thursday, August 8th. The aerospace company reported ($0.03) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.03). The firm had revenue of $13.37 million for the quarter, compared to analyst estimates of $13.50 million.

About Air Industries Group

Air Industries Group, an aerospace and defense company, designs and manufactures structural parts and assemblies that focus on flight safety. The company operates through three segments: Complex Machining, Aerostructures & Electronics, and Turbine Engine Components. It offers landing gear, arresting gear, engine mounts, flight controls, throttle quadrants, jet engines, and other components; sheet metal fabrication of aero structures; and tube bending and welding services.

Read More: The role of implied volatility with call option volume

Want to see what other hedge funds are holding AIRI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Air Industries Group Inc (NYSEAMERICAN:AIRI).

Receive News & Ratings for Air Industries Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air Industries Group and related companies with MarketBeat.com's FREE daily email newsletter.