Gilder Gagnon Howe & Co. LLC Sells 3,410 Shares of Gol Linhas Aereas Inteligentes SA (NYSE:GOL)

Gilder Gagnon Howe & Co. LLC lowered its stake in Gol Linhas Aereas Inteligentes SA (NYSE:GOL) by 0.8% in the third quarter, Holdings Channel.com reports. The institutional investor owned 410,857 shares of the transportation company’s stock after selling 3,410 shares during the quarter. Gilder Gagnon Howe & Co. LLC’s holdings in Gol Linhas Aereas Inteligentes were worth $6,356,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Millennium Management LLC lifted its stake in shares of Gol Linhas Aereas Inteligentes by 43.6% in the third quarter. Millennium Management LLC now owns 1,267,009 shares of the transportation company’s stock worth $19,600,000 after buying an additional 384,474 shares during the last quarter. SG Americas Securities LLC lifted its position in Gol Linhas Aereas Inteligentes by 9,511.4% during the 3rd quarter. SG Americas Securities LLC now owns 961,622 shares of the transportation company’s stock worth $14,876,000 after acquiring an additional 951,617 shares during the last quarter. Morgan Stanley lifted its position in Gol Linhas Aereas Inteligentes by 130.5% during the 2nd quarter. Morgan Stanley now owns 691,375 shares of the transportation company’s stock worth $11,670,000 after acquiring an additional 391,389 shares during the last quarter. Barclays PLC lifted its position in Gol Linhas Aereas Inteligentes by 240.5% during the 3rd quarter. Barclays PLC now owns 490,929 shares of the transportation company’s stock worth $7,594,000 after acquiring an additional 346,729 shares during the last quarter. Finally, Bank of America Corp DE boosted its holdings in Gol Linhas Aereas Inteligentes by 570.1% during the second quarter. Bank of America Corp DE now owns 242,513 shares of the transportation company’s stock valued at $4,094,000 after acquiring an additional 206,324 shares during the period. 3.32% of the stock is owned by institutional investors.

GOL has been the topic of a number of recent analyst reports. ValuEngine lowered Gol Linhas Aereas Inteligentes from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Buckingham Research raised Gol Linhas Aereas Inteligentes from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $19.00 to $24.00 in a research report on Monday, October 28th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. Gol Linhas Aereas Inteligentes has an average rating of “Hold” and a consensus target price of $17.95.

Shares of GOL stock opened at $16.88 on Wednesday. Gol Linhas Aereas Inteligentes SA has a 12 month low of $9.37 and a 12 month high of $23.30. The firm has a market cap of $3.10 billion, a PE ratio of -120.57 and a beta of -0.18. The stock has a 50 day moving average of $16.99 and a 200-day moving average of $17.21.

Gol Linhas Aereas Inteligentes (NYSE:GOL) last announced its quarterly earnings data on Thursday, October 31st. The transportation company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.02. Gol Linhas Aereas Inteligentes had a net margin of 0.37% and a negative return on equity of 10.24%. The business had revenue of $935.99 million for the quarter, compared to the consensus estimate of $938.42 million. On average, equities analysts expect that Gol Linhas Aereas Inteligentes SA will post 0.75 EPS for the current fiscal year.

Gol Linhas Aereas Inteligentes Profile

GOL Linhas Aéreas Inteligentes SA provides air passenger transportation services in Brazil and rest of South America, the Caribbean, and the United States. The company operates through Flight Transportation and Smiles Loyalty Program segments. It also offers cargo transportation and logistics services.

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Institutional Ownership by Quarter for Gol Linhas Aereas Inteligentes (NYSE:GOL)

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