New Generation Aerospace sells 405,634 shares of AIRO at $17.39; stock down 36.0% from 52-week high of $31.00
New Generation Aerospace, a 10% owner, sold 405,634 shares at $17.39 on 2025-09-12, reducing holdings from 4,056,344 shares to 3,650,710 shares. The sale occurred at a 30-day loss of -10.3% and substantially below the 52-week high of $31.00 (representing a -36.0% drawdown from peak). The company remains profitable with net income of $5,870,429 and revenue of $24,550,193 in the latest quarter, but the timing and magnitude of this divestiture—a 10.0% reduction in a major shareholder's position—warrant monitoring given the stock's sustained weakness relative to recent highs.