United Airlines (NASDAQ:UAL) EVP Sells $396,900.00 in Stock

United Airlines Holdings Inc (NASDAQ:UAL) EVP Andrew Nocella sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $132.30, for a total value of $396,900.00. Following the transaction, the executive vice president owned 219,955 shares of the company’s stock, valued at approximately $29,100,046.50. This represents a 1.35% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

United Airlines Stock Performance

NASDAQ:UAL opened at $129.56 on Friday. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 1.45. The firm’s fifty day simple moving average is $121.47 and its 200 day simple moving average is $107.61. The stock has a market cap of $42.05 billion, a P/E ratio of 12.12, a price-to-earnings-growth ratio of 0.95 and a beta of 1.28. United Airlines Holdings Inc has a twelve month low of $84.64 and a twelve month high of $138.77.

United Airlines (NASDAQ:UAL) last issued its quarterly earnings data on Wednesday, July 15th. The transportation company reported $1.99 EPS for the quarter, topping the consensus estimate of $1.88 by $0.11. United Airlines had a net margin of 5.56% and a return on equity of 19.05%. The business had revenue of $17.67 billion during the quarter, compared to analyst estimates of $17.62 billion. During the same period in the prior year, the business earned $3.87 EPS. The company’s revenue for the quarter was up 16.4% on a year-over-year basis. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. As a group, research analysts predict that United Airlines Holdings Inc will post 10.48 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Sanford C. Bernstein lifted their price objective on United Airlines from $136.00 to $153.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Barclays increased their target price on United Airlines from $150.00 to $175.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. The Goldman Sachs Group lifted their price target on United Airlines from $131.00 to $162.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Bank of America upped their price target on United Airlines from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Finally, Morgan Stanley increased their price objective on United Airlines from $185.00 to $190.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Sixteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $156.79.

Institutional Investors Weigh In On United Airlines

A number of institutional investors have recently modified their holdings of UAL. Legacy Wealth Managment LLC ID bought a new stake in United Airlines during the 4th quarter valued at about $25,000. Dunhill Financial LLC purchased a new position in United Airlines in the second quarter worth about $25,000. Western Wealth Management LLC bought a new position in shares of United Airlines in the first quarter worth approximately $27,000. Elevation Wealth Partners LLC grew its holdings in shares of United Airlines by 393.0% during the second quarter. Elevation Wealth Partners LLC now owns 212 shares of the transportation company’s stock valued at $29,000 after buying an additional 169 shares during the last quarter. Finally, Trust Co. of Vermont purchased a new stake in shares of United Airlines during the second quarter valued at approximately $29,000. 69.69% of the stock is owned by hedge funds and other institutional investors.

United Airlines Company Profile

United Airlines Holdings, Inc operates United Airlines, a major U.S. full-service passenger carrier providing scheduled air transportation for passengers and cargo. The company offers a comprehensive route network that covers domestic markets across the United States as well as extensive international service to Europe, Asia, Latin America, and the Pacific. United operates a mixed fleet of narrow- and wide-body aircraft on point-to-point and hub-and-spoke routes, and supports corporate and leisure travel through offerings such as premium cabins, basic economy, and ancillary services including baggage, seat selection and in-flight amenities.

In addition to passenger operations, United provides cargo services through United Cargo, handling freight, mail and specialized shipments.