Insider Selling: United Airlines (NASDAQ:UAL) President Sells $3,634,637.76 in Stock

United Airlines Holdings Inc (NASDAQ:UAL) President Brett Hart sold 30,108 shares of the business’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $120.72, for a total transaction of $3,634,637.76. Following the completion of the sale, the president owned 371,583 shares in the company, valued at $44,857,499.76. This represents a 7.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 1.45. The company has a market capitalization of $40.11 billion, a P/E ratio of 11.56, a price-to-earnings-growth ratio of 0.88 and a beta of 1.25. The firm has a 50-day moving average price of $118.96 and a two-hundred day moving average price of $106.93. United Airlines Holdings Inc has a twelve month low of $82.42 and a twelve month high of $138.77.

United Airlines (NASDAQ:UAL) last released its quarterly earnings results on Wednesday, July 15th. The transportation company reported $1.99 EPS for the quarter, beating the consensus estimate of $1.88 by $0.11. United Airlines had a net margin of 5.56% and a return on equity of 19.05%. The business had revenue of $17.67 billion for the quarter, compared to analyst estimates of $17.62 billion. During the same period in the prior year, the business 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.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in UAL. Norges Bank acquired a new stake in shares of United Airlines during the fourth quarter worth $234,244,000. Holocene Advisors LP purchased a new stake in shares of United Airlines in the second quarter valued at $84,753,000. AQR Capital Management LLC increased its stake in United Airlines by 56.8% in the fourth quarter. AQR Capital Management LLC now owns 2,928,657 shares of the transportation company’s stock valued at $325,549,000 after purchasing an additional 1,060,371 shares during the last quarter. Nuveen LLC increased its stake in United Airlines by 90.5% in the fourth quarter. Nuveen LLC now owns 1,528,242 shares of the transportation company’s stock valued at $170,888,000 after purchasing an additional 726,022 shares during the last quarter. Finally, Freestone Grove Partners LP lifted its position in United Airlines by 1,282.2% during the third quarter. Freestone Grove Partners LP now owns 776,783 shares of the transportation company’s stock worth $74,960,000 after buying an additional 720,583 shares during the period. Hedge funds and other institutional investors own 69.69% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on UAL shares. Zacks Research upgraded United Airlines from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 11th. Wall Street Zen upgraded United Airlines from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Jefferies Financial Group reissued a “buy” rating and issued a $155.00 target price on shares of United Airlines in a research note on Sunday, July 19th. Bank of America upped their target price on shares of United Airlines from $145.00 to $150.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. Finally, Morgan Stanley raised their price target on shares of United Airlines from $185.00 to $190.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Sixteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $156.79.

United Airlines Company Profile

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.