Vise Technologies Inc. purchased a new stake in American Airlines Group Inc. (NASDAQ:AAL – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 46,716 shares of the airline’s stock, valued at approximately $844,000.
A number of other hedge funds also recently made changes to their positions in AAL. Strathmore Capital Advisors Inc. bought a new position in shares of American Airlines Group during the second quarter worth about $308,000. Wealthfront Advisers LLC bought a new stake in American Airlines Group in the second quarter valued at approximately $279,000. Meeder Advisory Services Inc. bought a new stake in American Airlines Group in the second quarter valued at approximately $270,000. Citizens Financial Group Inc. RI acquired a new stake in American Airlines Group during the 2nd quarter valued at approximately $278,000. Finally, BlackRock Inc. acquired a new stake in American Airlines Group during the 2nd quarter valued at approximately $1,144,739,000. 52.44% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on AAL. UBS Group dropped their price target on shares of American Airlines Group from $21.00 to $18.00 and set a “buy” rating on the stock in a research report on Monday, July 27th. Citigroup decreased their price objective on shares of American Airlines Group from $22.00 to $19.00 and set a “buy” rating for the company in a research report on Friday, July 24th. Wells Fargo & Company reissued a “market perform” rating on shares of American Airlines Group in a research note on Tuesday, June 30th. Weiss Ratings upgraded shares of American Airlines Group from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, August 11th. Finally, The Goldman Sachs Group dropped their target price on shares of American Airlines Group from $15.00 to $13.00 and set a “sell” rating on the stock in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $19.03.
American Airlines Group Stock Performance
Shares of AAL stock opened at $13.82 on Monday. The company has a market cap of $9.15 billion, a P/E ratio of -28.20 and a beta of 1.34. The stock has a 50 day simple moving average of $15.85 and a two-hundred day simple moving average of $13.72. American Airlines Group Inc. has a fifty-two week low of $10.09 and a fifty-two week high of $18.79.
American Airlines Group (NASDAQ:AAL – Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The airline reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.12. The firm had revenue of $16.73 billion for the quarter, compared to analyst estimates of $16.70 billion. American Airlines Group had a negative return on equity of 9.11% and a negative net margin of 0.56%.The company’s revenue was up 16.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.95 earnings per share. 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.
Insider Buying and Selling at American Airlines Group
In related news, COO David Seymour sold 56,456 shares of the business’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $18.00, for a total transaction of $1,016,208.00. Following the transaction, the chief operating officer owned 969,033 shares in the company, valued at $17,442,594. The trade was a 5.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Angela Owens sold 40,077 shares of the business’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $15.26, for a total transaction of $611,575.02. Following the transaction, the senior vice president owned 178,799 shares in the company, valued at $2,728,472.74. The trade was a 18.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 205,044 shares of company stock valued at $3,407,451 in the last quarter. 0.70% of the stock is currently owned by company insiders.
About American Airlines Group
American Airlines Group Inc is a leading global airline holding company headquartered in Fort Worth, Texas. Formed in December 2013 through the merger of AMR Corporation (parent of American Airlines) and US Airways Group, the company operates one of the world’s largest passenger and cargo networks. Its subsidiaries include American Airlines, which provides mainline service, and American Eagle, a network of regional carriers operating short- and medium-haul routes on behalf of the mainline carrier.
The company offers scheduled air transportation for passengers and cargo to more than 350 destinations in over 50 countries.
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