Insider Selling: United Airlines Holdings, Inc. (NASDAQ:UAL) EVP Sells $762,900.00 in Stock

United Airlines Holdings, Inc. (NASDAQ:UAL) EVP Kate Gebo sold 15,000 shares of the firm’s stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $50.86, for a total transaction of $762,900.00. Following the completion of the sale, the executive vice president now directly owns 57,512 shares of the company’s stock, valued at approximately $2,925,060.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

United Airlines Trading Down 2.5 %

NASDAQ:UAL opened at $52.67 on Thursday. United Airlines Holdings, Inc. has a 12 month low of $33.68 and a 12 month high of $58.23. The firm has a fifty day simple moving average of $45.13 and a 200-day simple moving average of $41.75. The company has a current ratio of 0.75, a quick ratio of 0.69 and a debt-to-equity ratio of 2.52. The company has a market capitalization of $17.32 billion, a P/E ratio of 6.51, a PEG ratio of 0.53 and a beta of 1.55.

United Airlines (NASDAQ:UAL) last posted its quarterly earnings data on Tuesday, January 23rd. The transportation company reported $2.00 EPS for the quarter, topping the consensus estimate of $1.61 by $0.39. The business had revenue of $13.63 billion during the quarter, compared to the consensus estimate of $13.55 billion. United Airlines had a net margin of 4.90% and a return on equity of 39.85%. The business’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.46 earnings per share. On average, equities research analysts anticipate that United Airlines Holdings, Inc. will post 9.98 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have issued reports on UAL. TD Cowen raised their price objective on shares of United Airlines from $55.00 to $65.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 24th. StockNews.com raised shares of United Airlines from a “sell” rating to a “hold” rating in a research report on Wednesday. Evercore ISI raised shares of United Airlines from an “in-line” rating to an “outperform” rating and raised their target price for the stock from $58.00 to $65.00 in a research report on Friday, February 9th. Redburn Atlantic lowered shares of United Airlines from a “buy” rating to a “neutral” rating and set a $50.00 target price on the stock. in a research report on Tuesday, February 13th. Finally, UBS Group assumed coverage on shares of United Airlines in a research report on Wednesday, March 20th. They set a “neutral” rating and a $47.00 target price on the stock. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat, United Airlines has a consensus rating of “Moderate Buy” and a consensus target price of $66.53.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Invesco Ltd. raised its position in shares of United Airlines by 23.5% in the third quarter. Invesco Ltd. now owns 4,649,616 shares of the transportation company’s stock worth $196,679,000 after acquiring an additional 885,199 shares during the period. U S Global Investors Inc. raised its position in shares of United Airlines by 31.9% in the fourth quarter. U S Global Investors Inc. now owns 4,159,899 shares of the transportation company’s stock worth $171,637,000 after acquiring an additional 1,005,170 shares during the period. Dimensional Fund Advisors LP raised its position in shares of United Airlines by 24.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,143,202 shares of the transportation company’s stock worth $170,974,000 after acquiring an additional 812,257 shares during the period. Northern Trust Corp raised its position in shares of United Airlines by 3.4% in the third quarter. Northern Trust Corp now owns 2,404,540 shares of the transportation company’s stock worth $101,712,000 after acquiring an additional 79,881 shares during the period. Finally, Par Capital Management Inc. raised its position in shares of United Airlines by 7.2% in the fourth quarter. Par Capital Management Inc. now owns 2,223,400 shares of the transportation company’s stock worth $91,737,000 after acquiring an additional 150,000 shares during the period. 69.69% of the stock is currently owned by institutional investors and hedge funds.

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. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.