AerSale Co. (NASDAQ:ASLE) Shares Sold by Sherbrooke Park Advisers LLC

Sherbrooke Park Advisers LLC lowered its holdings in shares of AerSale Co. (NASDAQ:ASLE - Free Report) by 75.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,961 shares of the company's stock after selling 78,184 shares during the period. Sherbrooke Park Advisers LLC's holdings in AerSale were worth $157,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in AerSale during the 4th quarter worth $261,000. Private Management Group Inc. acquired a new stake in AerSale during the 4th quarter worth $6,994,000. Barclays PLC boosted its stake in AerSale by 266.5% during the 3rd quarter. Barclays PLC now owns 44,003 shares of the company's stock worth $222,000 after purchasing an additional 31,996 shares during the period. Peapod Lane Capital LLC acquired a new stake in AerSale during the 4th quarter worth $2,499,000. Finally, Trexquant Investment LP boosted its stake in AerSale by 67.4% during the 4th quarter. Trexquant Investment LP now owns 234,440 shares of the company's stock worth $1,477,000 after purchasing an additional 94,397 shares during the period. Institutional investors and hedge funds own 69.48% of the company's stock.

Analysts Set New Price Targets

Separately, Royal Bank of Canada decreased their price target on shares of AerSale from $8.00 to $7.00 and set a "sector perform" rating for the company in a research note on Thursday, May 8th.

AerSale Stock Performance

ASLE stock opened at $6.06 on Wednesday. AerSale Co. has a one year low of $4.53 and a one year high of $8.76. The stock has a market capitalization of $283.97 million, a PE ratio of 606.61 and a beta of 0.30. The company has a fifty day moving average of $7.13 and a 200-day moving average of $6.73.

AerSale Profile

AerSale Corporation provides aftermarket commercial aircraft, engines, and its parts to passenger and cargo airlines, leasing companies, original equipment manufacturers, and government and defense contractors, as well as maintenance, repair, and overhaul (MRO) service providers worldwide. It operates in two segments, Asset Management Solutions and Technical Operations (TechOps).

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