Reasons for Nicholas Swenson’s Share Purchase of Air T, Inc. (AIRT)’s Stock; Navios Maritime Acquisition (NNA) Covered By 2 Bullish Analysts Last Week

Among 6 analysts covering Navios Maritime Acquisition (NYSE:NNA), 2 have Buy rating, 1 Sell and 3 Hold. Therefore 33% are positive. Navios Maritime Acquisition had 11 analyst reports since September 22, 2015 according to SRatingsIntel. Citigroup maintained it with “Buy” rating and $2 target in Friday, August 19 report. The firm has “Underperform” rating by Wells Fargo given on Friday, March 11. As per Friday, August 11, the company rating was downgraded by Citigroup. As per Friday, July 7, the company rating was maintained by Stifel Nicolaus. The firm earned “Neutral” rating on Friday, January 19 by JP Morgan. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, October 27 report. As per Thursday, August 10, the company rating was maintained by Stifel Nicolaus. The stock of Navios Maritime Acquisition Corporation (NYSE:NNA) earned “Buy” rating by Citigroup on Monday, July 18. The firm has “Buy” rating given on Thursday, November 2 by Stifel Nicolaus. The stock of Navios Maritime Acquisition Corporation (NYSE:NNA) earned “Hold” rating by Zacks on Tuesday, September 22. See Navios Maritime Acquisition Corporation (NYSE:NNA) latest ratings:

19/01/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Neutral Downgrade
02/11/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $2.0 Maintain
27/10/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $2.25 Maintain

Air T Inc’s CEO Nicholas Swenson picked up 300 shares of the firm in a stock market trade dated February 14, 2018. The shares were purchased at an average cost of $27.3, for a total purchase of $8,178. This is not his first insider trade, in the last month, he obtained another 1,801 shares worth $51,813 USD. Today, he has a total of 788,490 shares or 38.60% of the Company’s market capitalization. This investment was reported on February 14, 2018 and is already filed with the (SEC). The public report is available for a free review to the public here.

Navios Maritime Acquisition Corporation provides marine transportation services worldwide. The company has market cap of $115.05 million. It owns a fleet of crude oil, refined petroleum product, and chemical tankers. It currently has negative earnings. The firm charters its vessels to oil companies, refiners, and large vessel operators under long, medium, and short term charters.

Investors sentiment decreased to 0.8 in 2017 Q3. Its down 0.51, from 1.31 in 2017Q2. It turned negative, as 10 investors sold Navios Maritime Acquisition Corporation shares while 20 reduced holdings. 10 funds opened positions while 14 raised stakes. 26.18 million shares or 0.98% less from 26.44 million shares in 2017Q2 were reported. Cubist Systematic Strategies Ltd Liability owns 22,020 shares. 500 are owned by Glenmede Tru Na. The Nebraska-based Ameritas Ptnrs has invested 0% in Navios Maritime Acquisition Corporation (NYSE:NNA). Amalgamated Comml Bank reported 0% of its portfolio in Navios Maritime Acquisition Corporation (NYSE:NNA). Wells Fargo & Mn stated it has 55,308 shares or 0% of all its holdings. Barclays Pcl reported 0% stake. Spark Mgmt Limited Liability invested 0.03% of its portfolio in Navios Maritime Acquisition Corporation (NYSE:NNA). Sg Americas Secs Ltd Llc reported 26,435 shares or 0% of all its holdings. Credit Suisse Ag owns 53,575 shares for 0% of their portfolio. Northern Corporation reported 2.59 million shares or 0% of all its holdings. Virtu Ltd Liability Company invested in 11,387 shares or 0% of the stock. Alliancebernstein L P holds 25,300 shares. 30,724 are held by Inv Advsrs Limited Liability Corporation. Macquarie Group Ltd reported 0% of its portfolio in Navios Maritime Acquisition Corporation (NYSE:NNA). Schwab Charles Investment Management reported 0% stake.

The stock increased 3.25% or $0.0241 during the last trading session, reaching $0.7653. About 495,082 shares traded. Navios Maritime Acquisition Corporation (NYSE:NNA) has declined 4.17% since February 14, 2017 and is downtrending. It has underperformed by 20.87% the S&P500.

Since January 3, 2018, it had 5 insider purchases, and 0 sales for $61,658 activity. Shares for $9,845 were bought by Swenson Nicholas John.

Air T, Inc., together with its subsidiaries, provides overnight air cargo, ground equipment sale, and ground support services in the United States and internationally. The company has market cap of $55.16 million. The company??s Overnight Air Cargo segment offers air express delivery services. It has a 19.44 P/E ratio. As of March 31, 2017, this segment had 80 aircrafts under the dry-lease agreements with FedEx.

The stock decreased 2.00% or $0.55 during the last trading session, reaching $27. About 211 shares traded. Air T, Inc. (NASDAQ:AIRT) has declined 23.11% since February 14, 2017 and is downtrending. It has underperformed by 39.81% the S&P500.