Insider Selling: StandardAero, Inc. (NYSE:SARO) Major Shareholder Sells $65,958,552.48 in Stock

by · The Markets Daily

StandardAero, Inc. (NYSE:SARO – Get Free Report) major shareholder Private Ltd Gic sold 2,900,552 shares of StandardAero stock in a transaction on Thursday, October 3rd. The stock was sold at an average price of $22.74, for a total value of $65,958,552.48. Following the transaction, the insider now owns 47,447,058 shares in the company, valued at approximately $1,078,946,098.92. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

StandardAero Trading Down 1.2 %

SARO stock opened at $32.49 on Thursday. StandardAero, Inc. has a one year low of $30.76 and a one year high of $34.38.

About StandardAero

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StandardAero, Inc provides aerospace engine aftermarket services for fixed and rotary wing aircraft in the United States, Canada, the United Kingdom, Rest of Europe, Asia, and internationally. It operates in two segments, Engine Services and Component Repair Services. The Engine Services segment provides a suite of aftermarket services, including maintenance, repair and overhaul, on-wing and field service support, asset management, and engineering and related solutions to customers in the commercial aerospace, military and helicopter, and business aviation end markets.

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