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 company’s stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $50.86, for a total value of $762,900.00. Following the transaction, 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 filing with the Securities & Exchange Commission, which is available through the SEC website.

United Airlines Trading Up 0.2 %

Shares of United Airlines stock opened at $54.03 on Wednesday. United Airlines Holdings, Inc. has a 1 year low of $33.68 and a 1 year high of $58.23. The company has a market capitalization of $17.77 billion, a price-to-earnings ratio of 6.68, a P/E/G ratio of 0.52 and a beta of 1.55. The business has a fifty day simple moving average of $44.93 and a two-hundred day simple moving average of $41.67. The company has a debt-to-equity ratio of 2.52, a current ratio of 0.75 and a quick ratio of 0.69.

United Airlines (NASDAQ:UAL) last announced its earnings results on Tuesday, January 23rd. The transportation company reported $2.00 EPS for the quarter, topping the consensus estimate of $1.61 by $0.39. United Airlines had a net margin of 4.90% and a return on equity of 39.85%. The business had revenue of $13.63 billion during the quarter, compared to the consensus estimate of $13.55 billion. During the same quarter in the previous year, the firm posted $2.46 EPS. United Airlines’s revenue was up 9.9% compared to the same quarter last year. Research analysts forecast that United Airlines Holdings, Inc. will post 9.78 EPS for the current year.

Institutional Trading of United Airlines

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

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. TD Cowen upped their price target on United Airlines from $55.00 to $65.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 24th. Raymond James raised their target price on shares of United Airlines from $66.00 to $70.00 and gave the company an “outperform” rating in a research report on Thursday, April 18th. Morgan Stanley boosted their price target on shares of United Airlines from $75.00 to $80.00 and gave the stock an “overweight” rating in a research report on Thursday, April 18th. StockNews.com upgraded United Airlines from a “sell” rating to a “hold” rating in a report on Wednesday. Finally, Redburn Atlantic downgraded United Airlines from a “buy” rating to a “neutral” rating and set a $50.00 target price on the stock. in a research report on Tuesday, February 13th. Four equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $66.53.

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.