Insider Selling: United Airlines Holdings, Inc. (NASDAQ:UAL) EVP Sells 15,000 Shares of Stock

United Airlines Holdings, Inc. (NASDAQ:UAL - Get Free Report) EVP Kate Gebo sold 15,000 shares of United Airlines stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $50.86, for a total transaction of $762,900.00. Following the sale, the executive vice president now owns 57,512 shares of the company's stock, valued at $2,925,060.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

United Airlines Stock Performance

Shares of NASDAQ:UAL traded up $2.56 during midday trading on Monday, reaching $53.94. 16,413,676 shares of the company's stock traded hands, compared to its average volume of 10,482,101. United Airlines Holdings, Inc. has a one year low of $33.68 and a one year high of $58.23. The stock has a 50 day moving average of $44.69 and a 200 day moving average of $41.59. The company has a market cap of $17.74 billion, a price-to-earnings ratio of 6.67, a P/E/G ratio of 0.52 and a beta of 1.55. The company has a debt-to-equity ratio of 2.52, a quick ratio of 0.69 and a current ratio of 0.75.

United Airlines (NASDAQ:UAL - Get Free Report) last announced its quarterly earnings results on Tuesday, January 23rd. The transportation company reported $2.00 EPS for the quarter, topping analysts' consensus estimates of $1.61 by $0.39. United Airlines had a net margin of 4.90% and a return on equity of 39.85%. The firm had revenue of $13.63 billion during the quarter, compared to analyst estimates of $13.55 billion. During the same period in the previous year, the business posted $2.46 earnings per share. The business's revenue for the quarter was up 9.9% on a year-over-year basis. As a group, equities research analysts anticipate that United Airlines Holdings, Inc. will post 9.78 EPS for the current fiscal year.

Institutional Trading of United Airlines

Large investors have recently modified their holdings of the company. JB Capital LLC bought a new position in shares of United Airlines in the fourth quarter worth about $201,000. NWI Management LP boosted its position in shares of United Airlines by 69.6% in the third quarter. NWI Management LP now owns 195,000 shares of the transportation company's stock worth $8,249,000 after purchasing an additional 80,000 shares during the period. International Assets Investment Management LLC increased its stake in shares of United Airlines by 3,636.1% in the fourth quarter. International Assets Investment Management LLC now owns 82,231 shares of the transportation company's stock worth $3,393,000 after purchasing an additional 80,030 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of United Airlines by 43.1% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 295,615 shares of the transportation company's stock valued at $12,197,000 after purchasing an additional 89,106 shares during the period. Finally, Los Angeles Capital Management LLC lifted its stake in shares of United Airlines by 1,993.1% during the 3rd quarter. Los Angeles Capital Management LLC now owns 861,835 shares of the transportation company's stock valued at $36,456,000 after buying an additional 820,660 shares in the last quarter. Institutional investors own 69.69% of the company's stock.

Analyst Upgrades and Downgrades

UAL has been the topic of several recent research reports. Raymond James increased their target price on shares of United Airlines from $66.00 to $70.00 and gave the company an "outperform" rating in a report on Thursday. StockNews.com raised shares of United Airlines from a "sell" rating to a "hold" rating in a research note on Thursday. Bank of America increased their price target on shares of United Airlines from $60.00 to $70.00 and gave the company a "buy" rating in a research report on Thursday. Susquehanna lifted their price objective on United Airlines from $55.00 to $60.00 and gave the stock a "positive" rating in a research report on Thursday. Finally, TD Cowen upped their target price on United Airlines from $55.00 to $65.00 and gave the company an "outperform" rating in a report on Wednesday, January 24th. Four analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, United Airlines currently has a consensus rating of "Moderate Buy" and an average price target of $66.53.

United Airlines Company Profile

United Airlines Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.