United Continental Holdings Inc (NASDAQ:UAL) Director Edward Shapiro sold 157,707 shares of the company’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $33.26, for a total transaction of $5,245,334.82. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Edward Shapiro also recently made the following trade(s):

  • On Friday, July 24th, Edward Shapiro sold 25,000 shares of United Continental stock. The shares were sold at an average price of $33.52, for a total transaction of $838,000.00.

UAL stock opened at $31.74 on Friday. United Continental Holdings Inc has a 1-year low of $17.80 and a 1-year high of $95.16. The company has a debt-to-equity ratio of 2.32, a current ratio of 0.61 and a quick ratio of 0.55. The company has a market capitalization of $9.24 billion, a price-to-earnings ratio of -5.18 and a beta of 1.49. The business has a 50 day simple moving average of $34.68 and a two-hundred day simple moving average of $44.67.

United Continental (NASDAQ:UAL) last posted its quarterly earnings results on Tuesday, July 21st. The transportation company reported ($9.31) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($9.13) by ($0.18). United Continental had a negative return on equity of 15.01% and a negative net margin of 5.25%. The business had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the previous year, the company earned $4.21 earnings per share. Sell-side analysts anticipate that United Continental Holdings Inc will post -22.29 EPS for the current fiscal year.

Several equities research analysts have recently commented on UAL shares. JPMorgan Chase & Co. lowered shares of United Continental from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $45.00 to $43.00 in a research report on Wednesday, June 10th. ValuEngine raised shares of United Continental from a “buy” rating to a “strong-buy” rating in a research report on Thursday, July 2nd. Seaport Global Securities started coverage on shares of United Continental in a research report on Wednesday, June 17th. They set a “buy” rating and a $56.00 price target for the company. Bank of America reduced their price target on shares of United Continental from $35.00 to $30.00 and set a “neutral” rating for the company in a research report on Monday, May 4th. Finally, Citigroup increased their target price on shares of United Continental from $38.00 to $47.00 and gave the stock a “buy” rating in a report on Monday, June 15th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. United Continental presently has an average rating of “Hold” and a consensus price target of $61.75.

A number of hedge funds have recently bought and sold shares of UAL. Bessemer Group Inc. boosted its stake in United Continental by 176.6% in the 1st quarter. Bessemer Group Inc. now owns 780 shares of the transportation company’s stock worth $25,000 after purchasing an additional 498 shares during the period. Whittier Trust Co. boosted its position in shares of United Continental by 1,437.5% during the 1st quarter. Whittier Trust Co. now owns 861 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 805 shares during the last quarter. Cornerstone Advisors Inc. boosted its position in shares of United Continental by 120.3% during the 1st quarter. Cornerstone Advisors Inc. now owns 881 shares of the transportation company’s stock valued at $28,000 after acquiring an additional 481 shares during the last quarter. Wealthcare Advisory Partners LLC bought a new position in shares of United Continental during the 1st quarter valued at approximately $28,000. Finally, NEXT Financial Group Inc bought a new position in shares of United Continental during the 1st quarter valued at approximately $28,000. Institutional investors and hedge funds own 85.13% of the company’s stock.

About United Continental

United Continental Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, the Middle East, and Latin America. It transports people and cargo through its mainline and regional operations. As of December 31, 2018, the company operated a fleet of 1,329 aircraft.

Featured Article: Dow Jones Industrial Average (DJIA)

Receive News & Ratings for United Continental Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Continental and related companies with MarketBeat.com's FREE daily email newsletter.