Insider Selling: United Airlines (NASDAQ:UAL) CEO Sells $18,807,844.05 in Stock

United Airlines Holdings Inc (NASDAQ:UAL) CEO J Scott Kirby sold 159,321 shares of the company’s stock in a transaction on Tuesday, July 21st. The shares were sold at an average price of $118.05, for a total value of $18,807,844.05. Following the completion of the sale, the chief executive officer owned 797,851 shares in the company, valued at $94,186,310.55. This represents a 16.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

J Scott Kirby also recently made the following trade(s):

• On Tuesday, June 16th, J Scott Kirby sold 1,078 shares of United Airlines stock. The stock was sold at an average price of $120.74, for a total value of $130,157.72.
• On Monday, June 15th, J Scott Kirby sold 48,303 shares of United Airlines stock. The shares were sold at an average price of $121.30, for a total transaction of $5,859,153.90.

United Airlines Trading Up 2.1%

NASDAQ:UAL traded up $2.59 on Tuesday, reaching $123.16. The stock had a trading volume of 1,207,185 shares, compared to its average volume of 6,469,732. The company has a market cap of $39.97 billion, a price-to-earnings ratio of 11.52, a P/E/G ratio of 0.87 and a beta of 1.25. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.78 and a quick ratio of 0.72. The firm’s fifty day moving average is $117.36 and its two-hundred day moving average is $106.81. United Airlines Holdings Inc has a 12-month low of $82.42 and a 12-month high of $138.77.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Legacy Wealth Managment LLC ID acquired a new stake in United Airlines during the 4th quarter valued at $25,000. Western Wealth Management LLC purchased a new position in United Airlines in the 1st quarter valued at about $27,000. Elevation Wealth Partners LLC boosted its position in United Airlines by 393.0% in the 2nd 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. JPL Wealth Management LLC acquired a new stake in shares of United Airlines during the third quarter valued at about $29,000. Finally, Cache Advisors LLC acquired a new stake in shares of United Airlines during the first quarter valued at about $33,000. 69.69% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

UAL has been the subject of several recent analyst reports. Wells Fargo & Company lifted their target price on shares of United Airlines from $130.00 to $165.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 30th. UBS Group raised their price objective on United Airlines from $148.00 to $153.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. JPMorgan Chase & Co. upped their target price on United Airlines from $156.00 to $203.00 and gave the company an “overweight” rating in a research note on Friday, July 17th. The Goldman Sachs Group increased their target price on United Airlines from $131.00 to $162.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Finally, Morgan Stanley raised their price target on United Airlines from $185.00 to $190.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Sixteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $156.79.

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.