United Airlines Holdings Inc (NASDAQ:UAL – Get Free Report) CEO J Scott Kirby sold 1,078 shares of the company’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $120.74, for a total value of $130,157.72. Following the completion of the transaction, the chief executive officer directly owned 797,851 shares in the company, valued at approximately $96,332,529.74. The trade was a 0.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
J Scott Kirby also recently made the following trade(s):
- On Monday, June 15th, J Scott Kirby sold 48,303 shares of United Airlines stock. The stock was sold at an average price of $121.30, for a total value of $5,859,153.90.
United Airlines Trading Down 2.3%
United Airlines stock opened at $115.83 on Thursday. The company has a quick ratio of 0.64, a current ratio of 0.70 and a debt-to-equity ratio of 1.38. United Airlines Holdings Inc has a 52 week low of $71.55 and a 52 week high of $124.79. The company has a market capitalization of $37.59 billion, a price-to-earnings ratio of 10.34, a price-to-earnings-growth ratio of 0.98 and a beta of 1.27. The stock has a 50-day moving average price of $100.61 and a 200 day moving average price of $103.88.
Analysts Set New Price Targets
Several research analysts recently issued reports on the stock. Rothschild & Co Redburn reduced their target price on shares of United Airlines from $125.00 to $110.00 and set a “buy” rating for the company in a report on Thursday, March 5th. Morgan Stanley lifted their price objective on United Airlines from $150.00 to $182.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. BMO Capital Markets lifted their price objective on United Airlines from $110.00 to $130.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. Weiss Ratings reiterated a “hold (c+)” rating on shares of United Airlines in a research note on Monday, April 20th. Finally, UBS Group lifted their price objective on United Airlines from $139.00 to $148.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $134.59.
Get Our Latest Report on United Airlines
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in UAL. Legacy Wealth Managment LLC ID purchased a new position in shares of United Airlines in the 4th quarter valued at about $25,000. Western Wealth Management LLC purchased a new position in shares of United Airlines in the 1st quarter valued at about $27,000. JPL Wealth Management LLC purchased a new stake in shares of United Airlines in the third quarter valued at approximately $29,000. BOCHK Asset Management Ltd purchased a new stake in shares of United Airlines in the fourth quarter valued at approximately $34,000. Finally, Motiv8 Investments LLC purchased a new stake in shares of United Airlines in the fourth quarter valued at approximately $35,000. Hedge funds and other institutional investors own 69.69% of the company’s stock.
Key Headlines Impacting United Airlines
Here are the key news stories impacting United Airlines this week:
- Positive Sentiment: Analysts and recent commentary are turning more constructive on United Airlines, citing lower fuel costs, strong travel demand, and tighter industry capacity in the second half of the year, which could support fares and earnings. Outlook Brightens For United Airlines; Longer-Term Doubts Persist
- Positive Sentiment: United also stands to benefit from a cheaper fuel outlook after the reopening of the Strait of Hormuz, which may lower jet fuel costs and improve margins for the airline sector. United (UAL) Faces A Cheaper Fuel Outlook After Strait Of Hormuz Reopens
- Neutral Sentiment: Commentary on United’s premium-travel strategy and whether it is outperforming peers suggests ongoing investor interest, but does not add a clear near-term catalyst by itself. Can United Airlines Redefine Premium Travel Experience?
- Neutral Sentiment: United remains in focus as investors compare it with the broader industrial sector, but this is more of a relative-performance check than a fresh fundamental driver. United Airlines Stock: Is UAL Outperforming the Industrial Sector?
- Negative Sentiment: CEO J. Scott Kirby sold 48,303 shares in a pre-arranged trading plan, and while routine, insider sales can still weigh on sentiment when investors are watching for signs of confidence. United Airlines (NASDAQ:UAL) CEO J Scott Kirby Sells 48,303 Shares
- Negative Sentiment: Longer-term concerns remain around aggressive growth, rising labor costs, high capital spending, and FAA-related hub constraints, which could limit upside even if near-term demand stays strong. Outlook Brightens For United Airlines; Longer-Term Doubts Persist
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.
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