BNP Paribas Financial Markets Makes New $377,000 Investment in AerSale Co. (NASDAQ:ASLE)

BNP Paribas Financial Markets bought a new position in shares of AerSale Co. (NASDAQ:ASLE - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 59,914 shares of the company's stock, valued at approximately $377,000. BNP Paribas Financial Markets owned approximately 0.11% of AerSale at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in ASLE. SG Americas Securities LLC increased its holdings in AerSale by 46.4% during the 4th quarter. SG Americas Securities LLC now owns 17,073 shares of the company's stock worth $108,000 after purchasing an additional 5,408 shares in the last quarter. Spire Wealth Management bought a new position in AerSale during the 4th quarter worth about $27,000. Private Management Group Inc. bought a new position in AerSale during the 4th quarter worth about $6,994,000. Bleakley Financial Group LLC acquired a new position in shares of AerSale during the 4th quarter worth about $86,000. Finally, Peapod Lane Capital LLC bought a new position in shares of AerSale in the 4th quarter valued at about $2,499,000. Institutional investors own 69.48% of the company's stock.

Analyst Ratings Changes

ASLE has been the subject of several analyst reports. Wall Street Zen cut AerSale from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. Royal Bank of Canada decreased their price objective on AerSale from $8.00 to $7.00 and set a "sector perform" rating for the company in a report on Thursday, May 8th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $8.67.

AerSale Stock Performance

NASDAQ:ASLE traded down $0.04 during mid-day trading on Thursday, hitting $5.98. The stock had a trading volume of 89,649 shares, compared to its average volume of 408,840. AerSale Co. has a twelve month low of $4.53 and a twelve month high of $8.76. The stock has a market cap of $279.99 million, a price-to-earnings ratio of 598.10 and a beta of 0.30. The company's 50 day simple moving average is $6.85 and its 200 day simple moving average is $6.73.

About AerSale

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).