United Airlines (NASDAQ:UAL) EVP Sells $2,398,200.00 in Stock

United Airlines Holdings Inc (NASDAQ:UAL) EVP Torbjorn Enqvist sold 20,000 shares of United Airlines stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $119.91, for a total value of $2,398,200.00. Following the sale, the executive vice president directly owned 114,800 shares in the company, valued at approximately $13,765,668. This trade represents a 14.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, 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

Shares of UAL stock opened at $123.56 on Friday. United Airlines Holdings Inc has a 12-month low of $82.42 and a 12-month high of $138.77. The firm has a market capitalization of $40.11 billion, a price-to-earnings ratio of 11.56, a price-to-earnings-growth ratio of 0.88 and a beta of 1.25. The business has a 50 day simple moving average of $118.96 and a 200 day simple moving average of $106.93. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.78 and a quick ratio of 0.72.

United Airlines (NASDAQ:UAL) last posted its 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. The firm had revenue of $17.67 billion for the quarter, compared to analysts’ expectations of $17.62 billion. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.The firm’s revenue was up 16.4% compared to the same quarter last year. During the same period last year, the firm earned $3.87 EPS. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. On average, equities research analysts anticipate that United Airlines Holdings Inc will post 10.48 EPS for the current year.

Wall Street Analysts Forecast Growth

UAL has been the subject of several research analyst reports. Morgan Stanley upped their price objective on shares of United Airlines from $185.00 to $190.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. TD Cowen boosted their price target on shares of United Airlines from $150.00 to $176.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Weiss Ratings restated a “hold (c+)” rating on shares of United Airlines in a research report on Friday, July 17th. JPMorgan Chase & Co. upped their price target on shares of United Airlines from $156.00 to $203.00 and gave the stock an “overweight” rating in a research note on Friday, July 17th. Finally, Bank of America increased their price objective 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. Sixteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $156.79.

Institutional Trading of United Airlines

Institutional investors have recently modified their holdings of the company. Root Financial Partners LLC boosted its holdings in United Airlines by 5.3% during the fourth quarter. Root Financial Partners LLC now owns 1,840 shares of the transportation company’s stock worth $206,000 after buying an additional 93 shares in the last quarter. JFS Wealth Advisors LLC increased its holdings in shares of United Airlines by 51.4% in the fourth 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 in the last quarter. AXA S.A. increased its holdings in shares of United Airlines by 0.8% in the second quarter. AXA S.A. now owns 15,465 shares of the transportation company’s stock valued at $1,231,000 after buying an additional 121 shares in the last quarter. SJS Investment Consulting Inc. lifted its position in shares of United Airlines by 17.0% during the 1st quarter. SJS Investment Consulting Inc. now owns 861 shares of the transportation company’s stock valued at $79,000 after acquiring an additional 125 shares during the last quarter. Finally, Fielder Capital Group LLC boosted its stake in shares of United Airlines by 5.4% during the 4th quarter. Fielder Capital Group LLC now owns 2,473 shares of the transportation company’s stock worth $276,000 after acquiring an additional 127 shares in the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.

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.