Daniel Korte (Insider Trades), CEO and president of LMI Aerospace Inc. (LMIA), bought 5,000 shares of the company on July 23, 2015. The average price per share was $9.94, for a total transaction of $49,700. LMI Aerospace Inc. is a supplier of structural solutions and engineering services to commercial, business and regional, and military aerospace markets. The company’s market cap is 126.80 million, and P/S ratio is 0.33.
There were 44 insider sells totaling 1,581,549 shares, and nine insider buys totaling 265,219 shares of the company since May 2005. Korte made only one transaction with the company during this time. The average price per share increased about 120% since the first insider transaction in 2005, and there were no insider transactions from November 2010 to February 2014. The volume of insider sells decreased from 10 transactions totaling 1,213,992 shares of the company in 2005 to 15 transactions of 325,613 shares in 2014. LMIA Director Ronald Saks (Insider Trades) sold 32,695 shares of the company for an average price of $9.98 per share on June 30, 2015. Saks sold 1,125,793 shares of the company in 22 transactions since March 2006. He also bought 15,222 shares of the company in two transactions in 2009. For more information about insider transactions with LMI Aerospace Inc., click here. Continue Reading »