GSA Capital Partners LLP Has $1.20 Million Position in AerSale Corporation (NASDAQ:ASLE)

GSA Capital Partners LLP cut its stake in shares of AerSale Corporation (NASDAQ:ASLE - Free Report) by 30.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 159,977 shares of the company's stock after selling 71,262 shares during the period. GSA Capital Partners LLP owned 0.34% of AerSale worth $1,198,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the business. GAMMA Investing LLC grew its stake in AerSale by 3,427.5% during the 1st 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 last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its stake in shares of AerSale by 37.8% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 5,536 shares of the company's stock valued at $41,000 after purchasing an additional 1,519 shares during the period. SBI Securities Co. Ltd. lifted its holdings in 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. Franklin Resources Inc. purchased a new position in AerSale during the 4th quarter worth approximately $75,000. Finally, Price T Rowe Associates Inc. MD raised its stake in shares of AerSale by 25.1% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 13,277 shares of the company's stock worth $84,000 after purchasing an additional 2,665 shares during the last quarter. Hedge funds and other institutional investors own 69.48% of the company's stock.

Analyst Ratings Changes

ASLE has been the subject of several recent research reports. Wall Street Zen downgraded AerSale from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. Truist Financial lowered AerSale from a "buy" rating to a "hold" rating and dropped their target price for the stock from $8.00 to $6.00 in a research report on Friday, July 11th. Finally, Royal Bank Of Canada decreased their target price on shares of AerSale from $8.00 to $7.00 and set a "sector perform" rating for the company in a research report on Thursday, May 8th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $8.00.

AerSale Price Performance

NASDAQ ASLE traded up $0.25 on Monday, reaching $6.16. The company's stock had a trading volume of 88,887 shares, compared to its average volume of 403,366. The business has a 50-day moving average price of $5.98 and a 200 day moving average price of $6.67. AerSale Corporation has a 52 week low of $4.53 and a 52 week high of $8.76. The firm has a market cap of $288.61 million, a PE ratio of -55.95 and a beta of 0.24. The company has a current ratio of 4.54, a quick ratio of 0.88 and a debt-to-equity ratio of 0.01.

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).