Nicholas Swenson - Air T Chairman

AIRTP Preferred Stock  USD 17.40  0.05  0.29%   

Chairman

Mr. Nicholas John Swenson is director of the Company, Chairman of the Board, President, Chief Executive Officer of the Company. He has served as as a director of the Company since August 2012 and as Chairman of the Board of Directors since August 2013. In October 2013, Mr. Nick Swenson was appointed as the interim President and Chief Executive Officer of the Company and was appointed as President and Chief Executive Officer of the Company in February 2014. Mr. Nick Swenson is also the managing member of AO Partners, LLC which is the general partner of AO Partners I, L.P., an investment fund. Mr. Nick Swenson served as a portfolio manager and partner of Whitebox Advisors, LLC, an investment management firm, from September 2001 until February 2009 since 2014.
Age 54
Tenure 10 years
Phone828 464 8741
Webhttps://www.airt.net
Nick Swenson serves as a director and Chairman of the Board of ProDex, Inc., as a director of Delphax Technologies Inc., and formerly served as a director of Insignia Systems, Inc. The Board believes that Mr. Nick Swenson’s position as Chief Executive Officer of the Company provides the Board with unique insight regarding Companywide issues. In addition, Mr. Nick Swenson’s financial, analytical and investment experience and skills provides the Board of Directors with additional expertise in these areas and, as a representative of the Company’s largest stockholder, he provides additional stockholder perspectives to the Board of Directors.

Nicholas Swenson Latest Insider Activity

Tracking and analyzing the buying and selling activities of Nicholas Swenson against Air T preferred stock is an integral part of due diligence when investing in Air T. Nicholas Swenson insider activity provides valuable insight into whether Air T is net buyers or sellers over its current business cycle. Note, Air T insiders must abide by specific rules, including filing SEC forms every time they buy or sell Air T'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Air T Management Efficiency

The company has return on total asset (ROA) of 0.0323 % which means that it generated a profit of $0.0323 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.096 %, meaning that it generated $0.096 on every $100 dollars invested by stockholders. Air T's management efficiency ratios could be used to measure how well Air T manages its routine affairs as well as how well it operates its assets and liabilities.
Air T Inc has accumulated 129.33 M in total debt with debt to equity ratio (D/E) of 4.16, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Air T Inc has a current ratio of 4.57, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Air T until it has trouble settling it off, either with new capital or with free cash flow. So, Air T's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Air T Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Air to invest in growth at high rates of return. When we think about Air T's use of debt, we should always consider it together with cash and equity.

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Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. Air T, Inc. was incorporated in 1980 and is based in Denver, North Carolina. Air T operates under Integrated Freight Logistics classification in the United States and is traded on NASDAQ Exchange. It employs 500 people. Air T Inc (AIRTP) is traded on NASDAQ Exchange in USA. It is located in 5930 Balsom Ridge Road, Denver, NC, United States, 28037 and employs 500 people. Air T is listed under Transportation category by Fama And French industry classification.

Management Performance

Air T Inc Leadership Team

Elected by the shareholders, the Air T's board of directors comprises two types of representatives: Air T inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Air. The board's role is to monitor Air T's management team and ensure that shareholders' interests are well served. Air T's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Air T's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sebastian Lourier, Principal Partners
Craig Bentley, Inc Cargo
Mark Harris, I Aviation
Nicholas Swenson, Chairman of the Board and Presidentident, CEO, Director
Brian Ochocki, Principal CFO
Katrina Philp, Chief Staff
Michael Moore, Chief LLC
Mark Jundt, General Counsel
Cheryl Sigmon, Chief Segment
Mitch Pothen, VP Technology

Air Preferred Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right preferred stock is not an easy task. Is Air T a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Air T

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Air T position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Air T will appreciate offsetting losses from the drop in the long position's value.

Moving against Air Preferred Stock

  0.54EXPD Expeditors InternationalPairCorr
  0.45ZTO ZTO ExpressPairCorr
  0.4PSIG PS InternationalPairCorr
  0.38PAL Proficient Auto LogiPairCorr
The ability to find closely correlated positions to Air T could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Air T when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Air T - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Air T Inc to buy it.
The correlation of Air T is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Air T moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Air T Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Air T can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Air Preferred Stock Analysis

When running Air T's price analysis, check to measure Air T's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Air T is operating at the current time. Most of Air T's value examination focuses on studying past and present price action to predict the probability of Air T's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air T's price. Additionally, you may evaluate how the addition of Air T to your portfolios can decrease your overall portfolio volatility.