Janus Henderson Group PLC Has $7.06 Million Holdings in AerSale Co. (NASDAQ:ASLE)

Janus Henderson Group PLC trimmed its position in AerSale Co. (NASDAQ:ASLE - Free Report) by 47.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,397,001 shares of the company's stock after selling 1,276,049 shares during the quarter. Janus Henderson Group PLC owned approximately 2.63% of AerSale worth $7,055,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Raffles Associates LP grew its holdings in shares of AerSale by 15.0% during the third quarter. Raffles Associates LP now owns 115,000 shares of the company's stock valued at $581,000 after buying an additional 15,000 shares in the last quarter. GSA Capital Partners LLP increased its holdings in shares of AerSale by 47.8% in the 3rd quarter. GSA Capital Partners LLP now owns 219,082 shares of the company's stock valued at $1,106,000 after purchasing an additional 70,887 shares during the period. nVerses Capital LLC lifted its position in AerSale by 75.0% in the 3rd quarter. nVerses Capital LLC now owns 4,900 shares of the company's stock worth $25,000 after buying an additional 2,100 shares in the last quarter. Marquette Asset Management LLC purchased a new stake in AerSale in the 3rd quarter worth approximately $289,000. Finally, SG Americas Securities LLC acquired a new stake in shares of AerSale during the 3rd quarter valued at $59,000. 69.48% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Truist Financial lowered their target price on AerSale from $10.00 to $8.00 and set a "buy" rating on the stock in a research note on Friday, October 18th.

AerSale Stock Up 4.1 %

ASLE stock traded up $0.25 during trading hours on Tuesday, hitting $6.29. The company's stock had a trading volume of 306,553 shares, compared to its average volume of 454,870. The company has a market capitalization of $334.70 million, a PE ratio of 629.00 and a beta of 0.28. The stock has a 50 day moving average price of $5.63 and a two-hundred day moving average price of $5.94. AerSale Co. has a 12 month low of $4.53 and a 12 month high of $15.20.

Insider Buying and Selling

In other news, insider Nicolas Finazzo acquired 20,000 shares of AerSale stock in a transaction dated Friday, September 13th. The stock was acquired at an average cost of $5.36 per share, for a total transaction of $107,200.00. Following the completion of the purchase, the insider now owns 37,000 shares of the company's stock, valued at $198,320. This represents a 117.65 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 37.30% of the stock is currently owned by corporate insiders.

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).