Insider Trading Trends Among Transportation Stocks in 2011

Wall St. Watchdog reveals companies in the Transportation sector whose insiders have bought and sold shares over the previous six months.  The companies’ market capitalizations range from $500 million to $1 billion.

  • Spirit Airlines Incorporated (NASDAQ:SAVE): Over the past six months, insiders have bought 23,998,020 shares and have sold -40,901,330 shares, for a net of -16,903,310 shares. The shares recently traded at $13.03 and its market capitalization is $944,580,600. About the company: Spirit Airlines, Inc. provides passenger airline service primarily to leisure travelers and travelers visiting friends and relatives.  It provides travel opportunities principally to and from south Florida, the Caribbean, and Latin America.
  • Mobile Mini, Inc. (NASDAQ:MINI): Over the past six months, insiders have bought 100,024,800 shares and have sold -57,460 shares, for a net of 99,967,340 shares. The shares recently traded at $20.98 and its market capitalization is $943,564,100. About the company: Mobile Mini, Inc. provides portable storage solutions through its lease fleet of portable storage units. The Company operates various branches in southwestern and western states. Mobile Mini’s customers include retailers, small and large businesses, construction companies, schools, governmental entities, and homeowners.
  • Zipcar Inc (NASDAQ:ZIP): Over the past six months, insiders have bought 13,338,190 shares and have sold -96,250 shares, for a net of 13,241,940 shares. The shares recently traded at $23.45 and its market capitalization is $913,099,900. About the company: Zipcar, Inc. offers car sharing services. The Company provides self-service vehicles in reserved parking spaces convenient to where their members live and work. Members can reserve cars by the hour or day for rates that include fuel, insurance and other costs. Zipcar operates in certain metropolitan areas and college campuses in the United States, the United Kingdom and Canada.
  • Forward Air Corporation (NASDAQ:FWRD): Over the past six months, insiders have bought 187,310 shares and have sold -100,200 shares, for a net of 87,110 shares. The shares recently traded at $30.76 and its market capitalization is $907,692,700. About the company: Forward Air Corporation provides transportation services to air freight forwarders, air cargo carriers, and domestic and international airlines. The Company also operates a truckload business that is an irregular route, high service-level carrier that transports a wide range of commodities in both interstate and intrastate commerce.
  • Air Methods Corporation (NASDAQ:AIRM): Over the past six months, insiders have bought 90,330 shares and have sold -49,430 shares, for a net of 40,900 shares. The shares recently traded at $68.20 and its market capitalization is $863,154,800. About the company: Air Methods Corporation provides aeromedical emergency transport services and systems throughout North America. The Company provides transportation services to hospitals throughout the U.S. In addition, Air Methods designs, manufactures, and installs medical aircraft interiors and other aerospace products.
  • Allegiant Travel Company (NASDAQ:ALGT): Over the past six months, insiders have bought 5,000 shares and have sold -60,150 shares, for a net of -55,150 shares. The shares recently traded at $42.13 and its market capitalization is $802,048,700. About the company: Allegiant Travel Company is a leisure travel company. The Company operates a passenger airline marketed to leisure travelers in small cities.
  • Hornbeck Offshore Services, Inc. (NYSE:HOS): Over the past six months, insiders have bought 261,120 shares and have sold -315,020 shares, for a net of -53,900 shares. The shares recently traded at $27.93 and its market capitalization is $722,524,600. About the company: Hornbeck Offshore Services, Inc. provides marine transportation services to the offshore oil and gas industry. The Company owns and operates deepwater offshore supply vessels in the Gulf of Mexico, which support day-to-day operations of oil drilling rigs and production platforms. Hornbeck also owns and operates ocean going tugs and barges in the northeastern United States and Puerto Rico.
  • Overseas Shipholding Group Inc. (NYSE:OSG): Over the past six months, insiders have bought 665,680 shares and have sold -23,660 shares, for a net of 642,020 shares. The shares recently traded at $23.32 and its market capitalization is $710,477,500. About the company: Overseas Shipholding Group, Inc. maintains a fleet of marine transport vessels. The Company charters its ships to oil majors, traders and United States and international governmental agencies. OSG’s ships transport crude oil, refined petroleum products and gas.
  • SkyWest, Inc. (NASDAQ:SKYW): Over the past six months, insiders have bought 77,420 shares and have sold -9,720 shares, for a net of 67,700 shares. The shares recently traded at $12.91 and its market capitalization is $682,760,300. About the company: SkyWest, Inc. operates regional airlines that offer scheduled passenger service to destinations in the United States, Canada, Mexico and the Caribbean.
  • Arkansas Best Corporation (NASDAQ:ABFS): Over the past six months, insiders have bought 121,400 shares and have sold -25,690 shares, for a net of 95,710 shares. The shares recently traded at $24.08 and its market capitalization is $612,031,900. About the company: Arkansas Best Corporation is a diversified holding company involved in motor carrier transportation and intermodal transportation operations. The Company transports a variety of goods around the world.

(Note: Selected financial data are sourced from screener.co.  All data are assumed to be accurate.)

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