John McClain Holmes III, who serves as chairman, president and chief executive officer of AAR Corp (NYSE: AIR), sold 10,000 shares of the companys common stock on February 3, 2026. The shares were sold at a weighted average price of $108.4363, generating proceeds of $1,084,363. The trades executed within a price band of $108.2800 to $108.5673.
That same day Holmes exercised options to acquire an additional 10,000 shares of AAR common stock at an exercise price of $37.66, for a total underlying value of $376,599. He also transferred 2,000 shares to a donor advised charitable fund.
AARs share price at the time of the transaction was trading close to its 52-week high of $110.01, and the company has posted a 63% return over the past year. Data from InvestingPro cited in company disclosures indicates the stock's relative strength index is suggesting overbought conditions.
On balance-sheet metrics, the aerospace aftermarket firm is reported to have a market capitalization of $4.29 billion. The company operates with what InvestingPro characterizes as a moderate level of debt while maintaining liquid assets that exceed its short-term obligations. InvestingPro has also identified 15 additional investment tips for AAR Corp, which include observations related to earnings growth expectations and profitability forecasts.
Operational and financial results published recently provided context for analyst activity. AAR reported fiscal second-quarter 2026 earnings per share of $1.18, topping KeyBanc's $1.02 estimate and the Street's $1.03 consensus. Truist Securities noted that AAR's results beat expectations despite a shortfall on free cash flow, and attributed the stronger-than-expected performance to organic growth and contributions from recent acquisitions.
Following the quarterly report, several research firms adjusted their outlooks. KeyBanc raised its price target on AAR from $93 to $109 and kept an Overweight rating. Truist Securities increased its target from $90 to $99 and maintained a Buy rating. Jefferies reiterated its Buy rating and placed a $112 price target after AAR announced a contract extension with Air Atlanta Icelandic for its Trax maintenance, repair and operations software. Goldman Sachs initiated coverage with a Neutral rating and a $121 price target, describing AAR as a diversified aerospace aftermarket firm.
These insider transactions - a combination of an outright sale, option exercises and a charitable gift - occurred against a backdrop of positive quarterly results and active analyst reassessments. The mix of corporate performance, balance-sheet descriptions and analyst commentary provides multiple angles for investors evaluating AARs near-term prospects.
Note: The article reports the transactions, financial results and analyst actions as disclosed and does not infer motives or make forecasts beyond those explicitly stated by the cited data and firms.