AerSale Co. (NASDAQ:ASLE) Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund reduced its position in shares of AerSale Co. (NASDAQ:ASLE) by 96.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,159 shares of the company’s stock after selling 259,326 shares during the period. New York State Common Retirement Fund’s holdings in AerSale were worth $64,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Spire Wealth Management acquired a new stake in shares of AerSale during the 4th quarter valued at approximately $27,000. Bfsg LLC acquired a new stake in AerSale in the fourth quarter worth $68,000. Virtu Financial LLC acquired a new stake in AerSale in the third quarter worth $82,000. Bleakley Financial Group LLC acquired a new stake in AerSale in the fourth quarter worth $86,000. Finally, SG Americas Securities LLC increased its position in AerSale by 46.4% in the fourth quarter. SG Americas Securities LLC now owns 17,073 shares of the company’s stock worth $108,000 after buying an additional 5,408 shares during the period. 69.48% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, TD Cowen raised AerSale to a “hold” rating in a research report on Thursday, December 19th.

AerSale Price Performance

Shares of NASDAQ ASLE opened at $7.07 on Friday. The firm has a market capitalization of $376.20 million, a PE ratio of 707.71 and a beta of 0.29. AerSale Co. has a 1-year low of $4.53 and a 1-year high of $9.49. The business’s fifty day moving average price is $6.69 and its two-hundred day moving average price is $5.93.

AerSale Profile

AerSale Corporation provides aftermarket commercial aircraft, engines, and its parts to passenger and cargo airlines, leasing companies, original equipment manufacturers, and government and defense contractors, as well as maintenance, repair, and overhaul (MRO) service providers worldwide. It operates in two segments, Asset Management Solutions and Technical Operations (TechOps).