Insider Selling: United Continental Holdings VP Sells 8,188 Shares of Stock (UAL)

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United Continental Holdings (NYSE:UAL) VP Irene Foxhall sold 8,188 shares of the company’s stock in a transaction that occurred on Wednesday, April 23rd. The stock was sold at an average price of $47.00, for a total transaction of $384,836.00. Following the sale, the vice president now directly owns 52,797 shares of the company’s stock, valued at approximately $2,481,459. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

United Continental Holdings (NYSE:UAL) opened at 39.41 on Monday. United Continental Holdings has a 52-week low of $27.32 and a 52-week high of $49.20. The stock’s 50-day moving average is $44.42 and its 200-day moving average is $40.70. The company has a market cap of $14.643 billion and a price-to-earnings ratio of 25.83.

United Continental Holdings (NYSE:UAL) last announced its earnings results on Thursday, April 24th. The company reported ($1.33) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.35) by $0.02. The company had revenue of $8.70 billion for the quarter, compared to the consensus estimate of $8.71 billion. During the same quarter in the previous year, the company posted ($0.98) earnings per share. The company’s revenue for the quarter was down .3% on a year-over-year basis. On average, analysts predict that United Continental Holdings will post $4.05 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Cowen and Company cut their price target on shares of United Continental Holdings from $56.00 to $50.00 in a research note on Friday. They now have an “outperform” rating on the stock. Separately, analysts at Barclays cut their price target on shares of United Continental Holdings from $50.00 to $46.00 in a research note on Thursday, April 17th. They now have an “underweight” rating on the stock. Finally, analysts at Goldman Sachs cut their price target on shares of United Continental Holdings from $60.00 to $59.00 in a research note on Monday, April 7th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $50.17.

United Continental Holdings, Inc (NYSE:UAL) is a holding company and its principal, wholly owned subsidiaries are United Air Lines, Inc (United) and Continental Airlines, Inc (Continental).

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