Ellen M. Lord, a director at AAR CORP, sold 4,341 shares on October 29, 2026, generating $454,238 in proceeds. The shares sold at prices between $104.15 and $105.24 per share. After the sale, Lord directly holds 5,814 shares of AAR common stock.
AAR's stock has since declined to $100.26, trading below the prices at which Lord sold. The aerospace and defense company has a market cap of $4 billion and trades at a P/E ratio of 20.4.
AAR reported first-quarter results that beat Wall Street expectations. Adjusted earnings reached $1.49 per share on revenue of $918 million, topping analyst estimates of $1.31 per share and $882.39 million in revenue. Sales increased 24% year over year, with New Distribution Parts growing 23% on an organic basis. Adjusted EBITDA margin reached 12.7%, while margins excluding LCP expanded 90 basis points to 13.3%.
Jefferies raised its price target for AAR to $160 from $155 and maintained a Buy rating following the strong earnings report.