Insider Selling: United Airlines Holdings, Inc. (NASDAQ:UAL) EVP Sells 15,000 Shares of 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 shares were 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 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 can be accessed through the SEC website.

United Airlines Stock Performance

NASDAQ:UAL opened at $52.67 on Thursday. United Airlines Holdings, Inc. has a 1-year low of $33.68 and a 1-year high of $58.23. The company has a debt-to-equity ratio of 2.52, a current ratio of 0.75 and a quick ratio of 0.69. The firm has a 50 day simple moving average of $45.13 and a 200-day simple moving average of $41.75. The firm has a market cap of $17.32 billion, a PE ratio of 6.51, a P/E/G ratio of 0.53 and a beta of 1.55.

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

Hedge Funds Weigh In On United Airlines

Several institutional investors and hedge funds have recently bought and sold shares of UAL. NBC Securities Inc. purchased a new stake in United Airlines during the third quarter worth approximately $25,000. Loomis Sayles & Co. L P grew its stake in United Airlines by 707.8% during the third quarter. Loomis Sayles & Co. L P now owns 622 shares of the transportation company’s stock worth $26,000 after buying an additional 545 shares during the period. Wetzel Investment Advisors Inc. purchased a new stake in United Airlines during the fourth quarter worth approximately $27,000. Venturi Wealth Management LLC grew its stake in United Airlines by 72.1% during the fourth quarter. Venturi Wealth Management LLC now owns 654 shares of the transportation company’s stock worth $27,000 after buying an additional 274 shares during the period. Finally, GoalVest Advisory LLC purchased a new stake in United Airlines during the first quarter worth approximately $33,000. Institutional investors and hedge funds own 69.69% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on UAL shares. Susquehanna raised their price objective on shares of United Airlines from $55.00 to $60.00 and gave the company a “positive” rating in a research note on Thursday, April 18th. TD Cowen raised their target price on shares of United Airlines from $55.00 to $65.00 and gave the company an “outperform” rating in a report on Wednesday, January 24th. Raymond James raised their target price on shares of United Airlines from $66.00 to $70.00 and gave the company an “outperform” rating in a report on Thursday, April 18th. StockNews.com upgraded shares of United Airlines from a “sell” rating to a “hold” rating in a report on Wednesday. Finally, Bank of America raised their target price on shares of United Airlines from $60.00 to $70.00 and gave the company a “buy” rating in a report on Thursday, April 18th. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, United Airlines has an average rating of “Moderate Buy” and an average target price of $66.53.

About United Airlines

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.