United Airlines Holdings, Inc. (NASDAQ:UAL) CFO Gerald Laderman sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, November 20th. The stock was sold at an average price of $40.44, for a total value of $404,400.00. Following the completion of the sale, the chief financial officer now owns 53,205 shares of the company’s stock, valued at approximately $2,151,610.20. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
NASDAQ:UAL opened at $39.90 on Friday. United Airlines Holdings, Inc. has a 12-month low of $17.80 and a 12-month high of $93.67. The company has a quick ratio of 0.98, a current ratio of 1.04 and a debt-to-equity ratio of 3.22. The firm has a market capitalization of $11.61 billion, a P/E ratio of -2.43 and a beta of 1.51. The stock’s fifty day simple moving average is $36.33 and its 200-day simple moving average is $34.12.
United Airlines (NASDAQ:UAL) last posted its quarterly earnings results on Wednesday, October 14th. The transportation company reported ($8.16) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($7.63) by ($0.53). United Airlines had a negative return on equity of 54.29% and a negative net margin of 19.85%. The company had revenue of $2.49 billion during the quarter, compared to the consensus estimate of $2.54 billion. During the same quarter in the prior year, the business earned $4.07 earnings per share. The firm’s revenue for the quarter was down 78.1% on a year-over-year basis. As a group, equities research analysts expect that United Airlines Holdings, Inc. will post -25.98 earnings per share for the current year.
Large investors have recently bought and sold shares of the company. Edge Wealth Management LLC boosted its position in shares of United Airlines by 246.0% in the 2nd quarter. Edge Wealth Management LLC now owns 813 shares of the transportation company’s stock worth $28,000 after purchasing an additional 578 shares during the last quarter. Orion Portfolio Solutions LLC boosted its position in shares of United Airlines by 220.9% in the 2nd quarter. Orion Portfolio Solutions LLC now owns 860 shares of the transportation company’s stock worth $30,000 after purchasing an additional 592 shares during the last quarter. Parallel Advisors LLC boosted its position in shares of United Airlines by 90.0% in the 3rd quarter. Parallel Advisors LLC now owns 910 shares of the transportation company’s stock worth $32,000 after purchasing an additional 431 shares during the last quarter. Stumpf Capital Management LLC bought a new position in United Airlines during the third quarter worth about $33,000. Finally, Tobam bought a new position in United Airlines during the second quarter worth about $35,000. Institutional investors and hedge funds own 60.61% of the company’s stock.
United Airlines Company Profile
United Airlines Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. It transports people and cargo through its mainline and regional fleets. As of February 28, 2020, the company operated approximately 791 mainline aircraft.
Recommended Story: NASDAQ
Receive News & Ratings for United Airlines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Airlines and related companies with MarketBeat.com's FREE daily email newsletter.