American Airlines Group, Inc. (NASDAQ:AAL) Director Ray M. Robinson sold 3,476 shares of American Airlines Group stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of $46.76, for a total transaction of $162,537.76. Following the transaction, the director now directly owns 29,938 shares of the company’s stock, valued at $1,399,900.88. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Shares of American Airlines Group, Inc. (NASDAQ:AAL) traded down 0.41% on Friday, reaching $46.00. 14,846,236 shares of the company were exchanged. The company’s 50-day moving average price is $47.03 and its 200 day moving average price is $46.75. American Airlines Group, Inc. has a 12 month low of $33.90 and a 12 month high of $54.48. The company has a market cap of $22.40 billion, a price-to-earnings ratio of 11.42 and a beta of 0.98.

American Airlines Group (NASDAQ:AAL) last released its quarterly earnings results on Friday, July 28th. The airline reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.87 by $0.05. American Airlines Group had a net margin of 5.02% and a return on equity of 83.58%. The firm had revenue of $11.11 billion during the quarter, compared to analyst estimates of $11.08 billion. During the same quarter last year, the business earned $1.77 EPS. The company’s revenue was up 7.2% compared to the same quarter last year. On average, equities research analysts expect that American Airlines Group, Inc. will post $4.86 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Monday, August 28th. Shareholders of record on Monday, August 14th were issued a dividend of $0.10 per share. The ex-dividend date was Thursday, August 10th. This represents a $0.40 annualized dividend and a yield of 0.87%. American Airlines Group’s payout ratio is 9.88%.

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AAL has been the subject of several analyst reports. Zacks Investment Research raised shares of American Airlines Group from a “hold” rating to a “buy” rating and set a $55.00 price target for the company in a report on Wednesday, June 28th. BidaskClub downgraded shares of American Airlines Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 16th. Stifel Nicolaus reaffirmed a “buy” rating on shares of American Airlines Group in a research note on Friday, May 26th. Vetr downgraded shares of American Airlines Group from a “strong-buy” rating to a “buy” rating and set a $53.62 target price for the company. in a research note on Monday, May 29th. Finally, Citigroup Inc. boosted their target price on shares of American Airlines Group from $58.00 to $67.00 and gave the stock a “buy” rating in a research note on Thursday, July 13th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $56.78.

A number of institutional investors have recently added to or reduced their stakes in AAL. Wetherby Asset Management Inc. grew its position in shares of American Airlines Group by 1.0% during the 2nd quarter. Wetherby Asset Management Inc. now owns 4,969 shares of the airline’s stock worth $250,000 after buying an additional 47 shares during the period. Westside Investment Management Inc. grew its position in shares of American Airlines Group by 3.5% during the 2nd quarter. Westside Investment Management Inc. now owns 2,116 shares of the airline’s stock worth $111,000 after buying an additional 72 shares during the period. First Manhattan Co. grew its position in shares of American Airlines Group by 3.3% during the 2nd quarter. First Manhattan Co. now owns 2,380 shares of the airline’s stock worth $119,000 after buying an additional 75 shares during the period. LS Investment Advisors LLC grew its position in shares of American Airlines Group by 0.5% during the 2nd quarter. LS Investment Advisors LLC now owns 21,283 shares of the airline’s stock worth $1,071,000 after buying an additional 97 shares during the period. Finally, Thrivent Financial For Lutherans grew its position in shares of American Airlines Group by 0.6% during the 2nd quarter. Thrivent Financial For Lutherans now owns 21,507 shares of the airline’s stock worth $1,090,000 after buying an additional 130 shares during the period. Hedge funds and other institutional investors own 81.53% of the company’s stock.

About American Airlines Group

American Airlines Group Inc is a holding company. The Company’s primary business activity is the operation of a network air carrier, providing scheduled air transportation for passengers and cargo. The Company operates through American segment, which provides air transportation for passengers and cargo.

Insider Buying and Selling by Quarter for American Airlines Group (NASDAQ:AAL)

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