Blade Air Mobility, Inc. (NASDAQ:BLDE - Get Free Report) CAO Amir Cohen sold 4,891 shares of the stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $2.85, for a total transaction of $13,939.35. Following the transaction, the chief accounting officer now owns 74,591 shares of the company's stock, valued at approximately $212,584.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Blade Air Mobility Stock Up 2.3 %
BLDE stock opened at $3.18 on Friday. Blade Air Mobility, Inc. has a 52 week low of $2.06 and a 52 week high of $4.24. The company has a fifty day simple moving average of $3.19 and a two-hundred day simple moving average of $3.24. The firm has a market capitalization of $247.82 million, a P/E ratio of -4.68 and a beta of 1.09.
Blade Air Mobility (NASDAQ:BLDE - Get Free Report) last released its earnings results on Wednesday, August 7th. The company reported ($0.06) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.06). The firm had revenue of $67.95 million during the quarter, compared to analyst estimates of $62.86 million. Blade Air Mobility had a negative net margin of 20.64% and a negative return on equity of 10.86%. As a group, analysts anticipate that Blade Air Mobility, Inc. will post -0.36 EPS for the current year.
Institutional Investors Weigh In On Blade Air Mobility
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Several institutional investors have recently made changes to their positions in the company. Tidal Investments LLC bought a new stake in Blade Air Mobility during the 1st quarter valued at about $1,721,000. Sumitomo Mitsui Trust Holdings Inc. lifted its holdings in Blade Air Mobility by 10.4% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 4,060,282 shares of the company's stock valued at $14,130,000 after buying an additional 381,308 shares in the last quarter. Virtu Financial LLC bought a new stake in Blade Air Mobility during the 1st quarter valued at about $171,000. GSA Capital Partners LLP lifted its holdings in Blade Air Mobility by 72.7% during the 1st quarter. GSA Capital Partners LLP now owns 283,724 shares of the company's stock valued at $809,000 after buying an additional 119,410 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in Blade Air Mobility during the 1st quarter valued at about $66,000. Institutional investors own 47.36% of the company's stock.
About Blade Air Mobility
(
Get Free Report)
Blade Air Mobility, Inc provides air transportation alternatives to the congested ground routes in the United States. It provides its services through charter and by-the-seat flights using helicopters, jets, turboprops, and amphibious seaplanes. The company was founded in 2014 and is headquartered in New York, New York.
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