United Airlines (NASDAQ:UAL) Stock: Insider J Scott Kirby Sells 90,367 Shares

United Airlines Holdings Inc (NASDAQ:UAL) CEO J. Kirby sold 90,367 shares of the company’s stock in a transaction on Tuesday, November 10th. The stock was sold at an average price of $119.79, for a total value of $10,825,062.93. Following the sale, the chief executive officer directly owned 750,755 shares in the company, valued at $89,932,941.45. This represents a 10.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

United Airlines Trading Down 1.8%

NASDAQ:UAL opened at $118.37 on Thursday. The firm has a market cap of $38.46 billion, a PE ratio of 10.83, a price-to-earnings-growth ratio of 1.29 and a beta of 1.38. The stock has a fifty day moving average price of $108.05 and a 200 day moving average price of $108.38. United Airlines Holdings Inc has a 12-month low of $84.64 and a 12-month high of $138.77. The company has a current ratio of 0.75, a quick ratio of 0.68 and a debt-to-equity ratio of 1.38.

United Airlines (NASDAQ:UAL) last issued its quarterly earnings results on Tuesday, October 20th. The transportation company reported $2.54 earnings per share for the quarter, missing the consensus estimate of $2.57 by ($0.03). The company had revenue of $17.88 billion for the quarter, compared to analysts’ expectations of $17.89 billion. United Airlines had a return on equity of 17.59% and a net margin of 5.46%. United Airlines’s revenue for the quarter was up 17.4% compared to the same quarter last year. During the same quarter last year, the company earned $2.78 EPS. Sell-side analysts anticipate that United Airlines Holdings Inc will post 7.04 earnings per share for the current fiscal year.

Institutional Investors Weigh In On United Airlines

Several institutional investors have recently added to or reduced their stakes in UAL. Apollon Wealth Management LLC increased its stake in United Airlines by 1.1% in the third quarter. Apollon Wealth Management LLC now owns 10,327 shares of the transportation company’s stock valued at $1,146,000 after purchasing an additional 117 shares during the last quarter. Pinnacle Associates Ltd. lifted its position in shares of United Airlines by 2.0% during the 3rd quarter. Pinnacle Associates Ltd. now owns 6,461 shares of the transportation company’s stock worth $717,000 after buying an additional 127 shares during the last quarter. Foster Victor Wealth Advisors LLC lifted its position in shares of United Airlines by 6.1% during the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 2,392 shares of the transportation company’s stock worth $265,000 after buying an additional 137 shares during the last quarter. Keybank National Association OH lifted its position in shares of United Airlines by 2.6% during the 3rd quarter. Keybank National Association OH now owns 5,795 shares of the transportation company’s stock worth $643,000 after buying an additional 145 shares during the last quarter. Finally, Independent Advisor Alliance boosted its holdings in shares of United Airlines by 2.8% in the 3rd quarter. Independent Advisor Alliance now owns 5,593 shares of the transportation company’s stock valued at $647,000 after buying an additional 154 shares in the last quarter. Hedge funds and other institutional investors own 69.69% of the company’s stock.

Recent United Airlines Headlines

Investors following UAL have been watching these headlines:

• Positive Sentiment: United opened Concourse E at Washington Dulles, adding 14 gates and upgraded facilities. The expansion supports additional international service and the airline’s goal of more than 300 daily departures from the hub, creating capacity for growth. United Airlines Expands Dulles Hub With New Concourse E Opening
• Neutral Sentiment: United said it will block AI agents from accessing its systems to book flights, citing privacy and security concerns and a desire to avoid another intermediary. The move could help preserve direct customer relationships, though its financial effect is unclear. United Airlines Is Banning AI Bots From Booking Flights
• Negative Sentiment: CEO J. Scott Kirby and executives Kate Gebo and Andrew Nocella reported share sales. Such sales can unsettle investors, although the filings do not explain the executives’ reasons. SEC filing for CEO share sale

Analysts Set New Price Targets

A number of equities research analysts have commented on UAL shares. TD Cowen dropped their price objective on shares of United Airlines from $192.00 to $167.00 and set a “buy” rating on the stock in a research report on Friday, October 2nd. Susquehanna decreased their price objective on shares of United Airlines from $150.00 to $130.00 and set a “positive” rating for the company in a research report on Thursday, October 22nd. UBS Group decreased their price objective on shares of United Airlines from $146.00 to $139.00 and set a “buy” rating for the company in a research report on Friday, October 16th. Jefferies Financial Group reiterated a “buy” rating and set a $142.00 target price on shares of United Airlines in a research note on Wednesday, October 21st. Finally, Zacks Research lowered United Airlines from a “hold” rating to a “strong sell” rating in a report on Monday, September 28th. Sixteen research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $156.19.

United Airlines Company Profile

United Airlines Holdings, Inc. operates United Airlines, a major U.S. passenger and cargo airline. The company provides domestic and international air transportation, cargo services, and travel-related offerings, including its MileagePlus loyalty program. Regional service is also offered under the United Express brand through partner airlines. United serves destinations across the Americas, Europe, Asia, Africa, and Oceania. Its network is organized around hubs including Chicago, Denver, Houston, Los Angeles, Newark, San Francisco, and Washington, D.C. The airline traces its history to Varney Air Lines, founded in 1926, and has developed through mergers and acquisitions over the decades.