Chairman & CEO of FTAI Aviation Joseph Adams Buys 22% More Shares

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FTAI Aviation Ltd. (NASDAQ:FTAI) shareholders (or potential shareholders) will be happy to see that the Chairman & CEO, Joseph Adams, recently bought a whopping US$4.8m worth of stock, at a price of US$82.00. Aside from being a solid chunk in its own right, the deft move also saw their holding increase by some 22%.

See our latest analysis for FTAI Aviation

The Last 12 Months Of Insider Transactions At FTAI Aviation

Notably, that recent purchase by Joseph Adams is the biggest insider purchase of FTAI Aviation shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of US$84.32. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. Happily, the FTAI Aviation insider decided to buy shares at close to current prices. The only individual insider to buy over the last year was Joseph Adams.

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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insider-trading-volume

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership Of FTAI Aviation

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. FTAI Aviation insiders own about US$102m worth of shares (which is 1.2% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At FTAI Aviation Tell Us?

It's certainly positive to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. When combined with notable insider ownership, these factors suggest FTAI Aviation insiders are well aligned, and quite possibly think the share price is too low. Looks promising! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing FTAI Aviation. For example - FTAI Aviation has 2 warning signs we think you should be aware of.

Of course FTAI Aviation may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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