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

United Airlines Holdings, Inc. (NASDAQ:UAL) EVP Kate Gebo sold 15,000 shares of the stock in a transaction that occurred on Thursday, April 18th. The stock was sold at an average price of $50.86, for a total value of $762,900.00. Following the sale, the executive vice president now directly owns 57,512 shares of the company’s stock, valued at $2,925,060.32. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

United Airlines Stock Up 5.0 %

UAL opened at $53.94 on Tuesday. United Airlines Holdings, Inc. has a one year low of $33.68 and a one year high of $58.23. The company has a market cap of $17.74 billion, a price-to-earnings ratio of 6.67, a PEG ratio of 0.52 and a beta of 1.55. The business’s fifty day moving average is $44.69 and its two-hundred day moving average is $41.59. 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) last released its quarterly earnings data on Tuesday, January 23rd. The transportation company reported $2.00 EPS for the quarter, topping the consensus estimate of $1.61 by $0.39. The business had revenue of $13.63 billion for the quarter, compared to analyst estimates of $13.55 billion. United Airlines had a net margin of 4.90% and a return on equity of 39.85%. The business’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.46 EPS. Analysts anticipate that United Airlines Holdings, Inc. will post 9.78 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. TD Cowen increased their price target on United Airlines from $55.00 to $65.00 and gave the stock an “outperform” rating in a report on Wednesday, January 24th. Morgan Stanley lifted their target price on shares of United Airlines from $75.00 to $80.00 and gave the company an “overweight” rating in a report on Thursday, April 18th. Evercore ISI raised shares of United Airlines from an “in-line” rating to an “outperform” rating and increased their price target for the stock from $58.00 to $65.00 in a report on Friday, February 9th. StockNews.com raised United Airlines from a “sell” rating to a “hold” rating in a report on Thursday, April 18th. Finally, UBS Group initiated coverage on United Airlines in a research note on Wednesday, March 20th. They set a “neutral” rating and a $47.00 target price for the company. Four investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, United Airlines presently has an average rating of “Moderate Buy” and a consensus price target of $66.53.

Institutional Trading of United Airlines

Large investors have recently modified their holdings of the business. NBC Securities Inc. purchased a new stake in United Airlines in the 3rd quarter valued at approximately $25,000. Loomis Sayles & Co. L P lifted its position in shares of United Airlines by 707.8% in the third quarter. Loomis Sayles & Co. L P now owns 622 shares of the transportation company’s stock valued at $26,000 after acquiring an additional 545 shares in the last quarter. Venturi Wealth Management LLC boosted its stake in shares of United Airlines by 72.1% during the fourth quarter. Venturi Wealth Management LLC now owns 654 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 274 shares during the last quarter. Wetzel Investment Advisors Inc. purchased a new stake in United Airlines during the 4th quarter worth about $27,000. Finally, GoalVest Advisory LLC acquired a new position in United Airlines in the 1st quarter valued at about $33,000. 69.69% of the stock is currently owned by institutional investors and hedge funds.

About United Airlines

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.