United Airlines Holdings, Inc. (NASDAQ:UAL) Short Interest Update

United Airlines Holdings, Inc. (NASDAQ:UAL - Get Free Report) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totalling 21,940,000 shares, an increase of 30.7% from the March 31st total of 16,790,000 shares. Based on an average trading volume of 10,380,000 shares, the short-interest ratio is currently 2.1 days.

Insider Buying and Selling

In related news, EVP Kate Gebo sold 15,000 shares of the stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $50.86, for a total value of $762,900.00. Following the completion of the sale, the executive vice president now directly owns 57,512 shares of the company's stock, valued at approximately $2,925,060.32. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.63% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Valeo Financial Advisors LLC bought a new position in shares of United Airlines in the 1st quarter valued at approximately $305,000. Smith Anglin Financial LLC grew its holdings in United Airlines by 3.1% in the 1st quarter. Smith Anglin Financial LLC now owns 7,043 shares of the transportation company's stock valued at $337,000 after buying an additional 215 shares during the last quarter. Simplicity Wealth LLC acquired a new stake in United Airlines in the 1st quarter valued at approximately $352,000. Spire Wealth Management grew its holdings in United Airlines by 15.8% in the 1st quarter. Spire Wealth Management now owns 5,294 shares of the transportation company's stock valued at $253,000 after buying an additional 721 shares during the last quarter. Finally, Amalgamated Bank grew its holdings in United Airlines by 21.0% in the 1st quarter. Amalgamated Bank now owns 112,304 shares of the transportation company's stock valued at $5,377,000 after buying an additional 19,485 shares during the last quarter. 69.69% of the stock is owned by institutional investors.

United Airlines Stock Performance

Shares of UAL stock traded down $0.67 during trading on Friday, reaching $52.84. The company had a trading volume of 6,905,764 shares, compared to its average volume of 14,498,246. The firm's 50 day simple moving average is $45.56 and its two-hundred day simple moving average is $41.94. The company has a debt-to-equity ratio of 2.52, a current ratio of 0.75 and a quick ratio of 0.69. United Airlines has a one year low of $33.68 and a one year high of $58.23. The company has a market capitalization of $17.37 billion, a PE ratio of 6.53, a PEG ratio of 0.52 and a beta of 1.55.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on UAL shares. Susquehanna increased their price objective on United Airlines from $55.00 to $60.00 and gave the stock a "positive" rating in a research note on Thursday, April 18th. Bank of America raised their price target on United Airlines from $60.00 to $70.00 and gave the stock a "buy" rating in a research note on Thursday, April 18th. Raymond James raised their price target on United Airlines from $66.00 to $70.00 and gave the stock an "outperform" rating in a research note on Thursday, April 18th. TD Cowen raised their price target on United Airlines from $55.00 to $65.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 24th. Finally, Redburn Atlantic downgraded United Airlines from a "buy" rating to a "neutral" rating and set a $50.00 price target for the company. in a research note on Tuesday, February 13th. Four research analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average 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.