American Century Companies Inc. grew its stake in AerSale Corporation (NASDAQ:ASLE - Free Report) by 87.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 88,404 shares of the company's stock after acquiring an additional 41,231 shares during the quarter. American Century Companies Inc. owned about 0.19% of AerSale worth $662,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of the company. GAMMA Investing LLC grew its holdings in shares of AerSale by 3,427.5% in the first quarter. GAMMA Investing LLC now owns 4,621 shares of the company's stock valued at $35,000 after purchasing an additional 4,490 shares during the period. Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of AerSale by 37.8% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 5,536 shares of the company's stock valued at $41,000 after buying an additional 1,519 shares during the period. SBI Securities Co. Ltd. increased its holdings in shares of AerSale by 85.4% during the 1st quarter. SBI Securities Co. Ltd. now owns 6,732 shares of the company's stock worth $50,000 after buying an additional 3,100 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of AerSale by 25.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 13,277 shares of the company's stock valued at $84,000 after buying an additional 2,665 shares during the period. Finally, Hsbc Holdings PLC purchased a new stake in shares of AerSale during the 4th quarter valued at approximately $92,000. Institutional investors and hedge funds own 69.48% of the company's stock.
AerSale Stock Up 2.6%
Shares of AerSale stock traded up $0.21 during trading hours on Wednesday, reaching $8.39. 461,683 shares of the company were exchanged, compared to its average volume of 480,947. The firm has a market cap of $395.84 million, a PE ratio of 59.93 and a beta of 0.27. The stock's fifty day moving average is $7.32 and its 200 day moving average is $6.96. AerSale Corporation has a 1 year low of $4.53 and a 1 year high of $9.12. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.82 and a current ratio of 3.87.
Wall Street Analyst Weigh In
Several research analysts recently weighed in on the company. Royal Bank Of Canada increased their price objective on AerSale from $7.00 to $8.00 and gave the stock a "sector perform" rating in a research report on Thursday, August 7th. Wall Street Zen cut AerSale from a "strong-buy" rating to a "buy" rating in a report on Friday, September 5th. Finally, Truist Financial downgraded AerSale from a "buy" rating to a "hold" rating and cut their price objective for the stock from $8.00 to $6.00 in a research report on Friday, July 11th. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $7.00.
Read Our Latest Analysis on ASLE
AerSale Profile
(
Free Report)
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).
Featured Articles
Before you consider AerSale, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AerSale wasn't on the list.
While AerSale currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
