Bfsg LLC Makes New Investment in AerSale Co. (NASDAQ:ASLE)

Bfsg LLC acquired a new stake in shares of AerSale Co. (NASDAQ:ASLE) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 10,730 shares of the company’s stock, valued at approximately $68,000.

Other institutional investors have also made changes to their positions in the company. Peapod Lane Capital LLC acquired a new position in AerSale during the fourth quarter valued at approximately $2,499,000. Bleakley Financial Group LLC acquired a new position in AerSale in the 4th quarter valued at $86,000. Private Management Group Inc. bought a new position in AerSale in the 4th quarter worth $6,994,000. Spire Wealth Management acquired a new position in AerSale during the 4th quarter worth $27,000. Finally, SG Americas Securities LLC boosted its holdings in AerSale by 46.4% during the fourth quarter. SG Americas Securities LLC now owns 17,073 shares of the company’s stock valued at $108,000 after acquiring an additional 5,408 shares during the period. 69.48% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

AerSale Trading Up 0.3 %

Shares of ASLE stock opened at $6.99 on Thursday. The firm has a market capitalization of $371.94 million, a P/E ratio of 699.70 and a beta of 0.28. AerSale Co. has a 1 year low of $4.53 and a 1 year high of $9.79. The firm’s fifty day simple moving average is $6.52 and its 200 day simple moving average is $5.80.

About AerSale

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).