148,000 Shares in American Airlines Group Inc. $AAL Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of American Airlines Group Inc. (NASDAQ:AALFree Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 148,000 shares of the airline’s stock, valued at approximately $2,674,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AAL. California State Teachers Retirement System raised its position in shares of American Airlines Group by 1,535.7% in the second quarter. California State Teachers Retirement System now owns 3,547,466 shares of the airline’s stock valued at $64,103,000 after purchasing an additional 3,330,590 shares during the period. HB Wealth Management LLC boosted its holdings in American Airlines Group by 36.8% in the 2nd quarter. HB Wealth Management LLC now owns 27,636 shares of the airline’s stock worth $499,000 after buying an additional 7,431 shares during the period. AXQ Capital LP boosted its holdings in American Airlines Group by 4.5% in the 2nd quarter. AXQ Capital LP now owns 162,249 shares of the airline’s stock worth $2,932,000 after buying an additional 7,019 shares during the period. iSAM Funds UK Ltd purchased a new position in American Airlines Group in the 2nd quarter valued at approximately $217,000. Finally, Nykredit A S purchased a new position in American Airlines Group in the 2nd quarter valued at approximately $274,000. Institutional investors own 52.44% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on AAL shares. Melius Research cut shares of American Airlines Group from a “buy” rating to a “hold” rating and boosted their target price for the company from $15.00 to $19.00 in a report on Tuesday, July 7th. The Goldman Sachs Group reduced their price target on American Airlines Group from $15.00 to $13.00 and set a “sell” rating for the company in a research report on Friday, July 24th. BMO Capital Markets decreased their price objective on American Airlines Group from $19.50 to $19.00 and set a “market perform” rating on the stock in a research note on Friday, July 24th. Weiss Ratings cut American Airlines Group from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday, August 26th. Finally, UBS Group cut their target price on American Airlines Group from $18.00 to $17.00 and set a “buy” rating for the company in a research note on Thursday. Eight investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $18.81.

Read Our Latest Report on American Airlines Group

American Airlines Group Price Performance

NASDAQ AAL opened at $12.85 on Friday. The company’s 50 day simple moving average is $14.86 and its two-hundred day simple moving average is $13.62. American Airlines Group Inc. has a 1 year low of $10.09 and a 1 year high of $18.79. The stock has a market capitalization of $8.51 billion, a PE ratio of -26.22 and a beta of 1.33.

American Airlines Group (NASDAQ:AALGet Free Report) last released its quarterly earnings results on Thursday, July 23rd. The airline reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.12. The firm had revenue of $16.73 billion during the quarter, compared to analyst estimates of $16.70 billion. American Airlines Group had a negative net margin of 0.56% and a negative return on equity of 9.11%. The business’s revenue for the quarter was up 16.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.95 EPS. American Airlines Group has set its Q3 2026 guidance at -0.700–0.100 EPS and its FY 2026 guidance at -0.650-0.650 EPS. On average, research analysts anticipate that American Airlines Group Inc. will post -0.16 EPS for the current year.

Insider Activity

In other American Airlines Group news, SVP Angela Owens sold 40,077 shares of the firm’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $15.26, for a total value of $611,575.02. Following the sale, the senior vice president owned 178,799 shares of the company’s stock, valued at $2,728,472.74. This trade represents a 18.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, COO David Seymour sold 69,343 shares of American Airlines Group stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $17.00, for a total value of $1,178,831.00. Following the sale, the chief operating officer owned 1,025,489 shares of the company’s stock, valued at approximately $17,433,313. This trade represents a 6.33% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 205,044 shares of company stock valued at $3,407,451. 0.70% of the stock is owned by company insiders.

American Airlines Group Company Profile

(Free Report)

American Airlines Group Inc is a holding company whose principal subsidiary, American Airlines, provides scheduled passenger air transportation and cargo services. The airline serves destinations throughout the United States and connects customers to international markets across the Americas, Europe, Asia and other regions through its own network and partnerships.

American Airlines offers multiple travel classes and related services, including reservations, onboard products, travel rewards through the AAdvantage loyalty program, and freight transportation.

See Also

Institutional Ownership by Quarter for American Airlines Group (NASDAQ:AAL)

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