CastleKnight Management LP Sells 21,600 Shares of United Airlines Holdings Inc $UAL

CastleKnight Management LP reduced its position in shares of United Airlines Holdings Inc (NASDAQ:UAL) by 17.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 103,500 shares of the transportation company’s stock after selling 21,600 shares during the quarter. CastleKnight Management LP’s holdings in United Airlines were worth $11,573,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Legacy Wealth Managment LLC ID bought a new stake in United Airlines during the 4th quarter valued at $25,000. JPL Wealth Management LLC bought a new stake in United Airlines during the 3rd quarter valued at $29,000. BOCHK Asset Management Ltd bought a new stake in United Airlines during the 4th quarter valued at $34,000. Motiv8 Investments LLC bought a new stake in United Airlines during the 4th quarter valued at $35,000. Finally, JFS Wealth Advisors LLC raised its holdings in United Airlines by 51.4% during the 4th quarter. JFS Wealth Advisors LLC now owns 318 shares of the transportation company’s stock valued at $36,000 after buying an additional 108 shares during the last quarter. 69.69% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Jefferies Financial Group lowered their price target on shares of United Airlines from $118.00 to $112.00 and set a “buy” rating for the company in a report on Monday, April 27th. UBS Group upped their price target on shares of United Airlines from $139.00 to $148.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. Wall Street Zen upgraded shares of United Airlines from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Zacks Research raised shares of United Airlines from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 11th. Finally, BMO Capital Markets boosted their price objective on shares of United Airlines from $110.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, United Airlines currently has an average rating of “Moderate Buy” and an average price target of $134.59.

United Airlines Stock Down 2.3%

Shares of United Airlines stock opened at $115.83 on Thursday. The company has a current ratio of 0.70, a quick ratio of 0.64 and a debt-to-equity ratio of 1.38. The company’s fifty day simple moving average is $100.61 and its two-hundred day simple moving average is $103.88. The company has a market cap of $37.59 billion, a P/E ratio of 10.34, a PEG ratio of 0.98 and a beta of 1.27. United Airlines Holdings Inc has a 12-month low of $71.55 and a 12-month high of $124.79.

United Airlines (NASDAQ:UAL) last issued its quarterly earnings data on Tuesday, April 21st. The transportation company reported $1.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.08 by $0.11. The business had revenue of $14.61 billion for the quarter, compared to the consensus estimate of $14.19 billion. United Airlines had a net margin of 6.06% and a return on equity of 24.33%. The company’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.91 EPS. United Airlines has set its FY 2026 guidance at 7.000-11.000 EPS and its Q2 2026 guidance at 1.000-2.000 EPS. Research analysts anticipate that United Airlines Holdings Inc will post 9.63 EPS for the current year.

Insider Buying and Selling at United Airlines

In other United Airlines news, EVP Kate Gebo sold 34,669 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $105.41, for a total transaction of $3,654,459.29. Following the transaction, the executive vice president directly owned 67,707 shares of the company’s stock, valued at approximately $7,136,994.87. The trade was a 33.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Andrew P. Nocella sold 7,000 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $90.19, for a total transaction of $631,330.00. Following the completion of the sale, the executive vice president directly owned 215,345 shares in the company, valued at $19,421,965.55. This represents a 3.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 96,381 shares of company stock valued at $10,837,575. 0.86% of the stock is currently owned by company insiders.

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.