Insider Selling: United Airlines (NASDAQ:UAL) EVP Sells $506,016.00 in Stock

United Airlines Holdings Inc (NASDAQ:UAL) EVP Andrew Nocella sold 4,200 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $120.48, for a total transaction of $506,016.00. Following the completion of the transaction, the executive vice president directly owned 222,955 shares in the company, valued at approximately $26,861,618.40. This represents a 1.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

United Airlines Stock Performance

NASDAQ UAL opened at $123.56 on Friday. The firm’s 50 day simple moving average is $118.96 and its 200 day simple moving average is $106.93. The firm has a market capitalization of $40.11 billion, a price-to-earnings ratio of 11.56, a P/E/G ratio of 0.88 and a beta of 1.25. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 1.45. United Airlines Holdings Inc has a 1 year low of $82.42 and a 1 year high of $138.77.

United Airlines (NASDAQ:UAL) last released its earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.88 by $0.11. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.The firm had revenue of $17.67 billion during the quarter, compared to analysts’ expectations of $17.62 billion. During the same period in the prior year, the company earned $3.87 earnings per share. The company’s quarterly revenue was up 16.4% on a year-over-year basis. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. As a group, research analysts expect that United Airlines Holdings Inc will post 10.48 earnings per share for the current fiscal year.

Hedge Funds Weigh In On United Airlines

A number of hedge funds have recently modified their holdings of the business. CWM LLC raised its position in shares of United Airlines by 61.0% during the fourth quarter. CWM LLC now owns 84,286 shares of the transportation company’s stock worth $9,425,000 after acquiring an additional 31,921 shares during the last quarter. AE Wealth Management LLC boosted its holdings in United Airlines by 441.5% in the fourth quarter. AE Wealth Management LLC now owns 19,089 shares of the transportation company’s stock valued at $2,134,000 after acquiring an additional 15,564 shares during the last quarter. Caprock Group LLC increased its position in United Airlines by 49.4% during the 4th quarter. Caprock Group LLC now owns 39,921 shares of the transportation company’s stock valued at $4,464,000 after purchasing an additional 13,205 shares during the period. PFA Pension Forsikringsaktieselskab acquired a new stake in United Airlines during the 4th quarter valued at approximately $1,872,000. Finally, Phoenix Financial Ltd. raised its holdings in United Airlines by 129.6% during the 4th quarter. Phoenix Financial Ltd. now owns 23,183 shares of the transportation company’s stock worth $2,592,000 after purchasing an additional 13,085 shares during the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on UAL shares. JPMorgan Chase & Co. raised their price target on shares of United Airlines from $156.00 to $203.00 and gave the company an “overweight” rating in a research note on Friday, July 17th. The Goldman Sachs Group increased their price target on United Airlines from $131.00 to $162.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. BMO Capital Markets raised their price objective on United Airlines from $130.00 to $157.50 and gave the company an “outperform” rating in a report on Thursday, July 2nd. Morgan Stanley upped their target price on United Airlines from $185.00 to $190.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Finally, Susquehanna dropped their target price on United Airlines from $172.00 to $165.00 and set a “positive” rating for the company in a research report on Friday, July 17th. Sixteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $156.79.

About United Airlines

United Airlines Holdings, Inc operates United Airlines, a major U.S. full-service passenger carrier providing scheduled air transportation for passengers and cargo. The company offers a comprehensive route network that covers domestic markets across the United States as well as extensive international service to Europe, Asia, Latin America, and the Pacific. United operates a mixed fleet of narrow- and wide-body aircraft on point-to-point and hub-and-spoke routes, and supports corporate and leisure travel through offerings such as premium cabins, basic economy, and ancillary services including baggage, seat selection and in-flight amenities.

In addition to passenger operations, United provides cargo services through United Cargo, handling freight, mail and specialized shipments.