573,151 Shares in American Airlines Group Inc. $AAL Purchased by Man Group plc

Man Group plc acquired a new position in shares of American Airlines Group Inc. (NASDAQ:AALFree Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 573,151 shares of the airline’s stock, valued at approximately $10,357,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Keating Financial Advisory Services Inc. acquired a new position in shares of American Airlines Group in the 2nd quarter valued at about $29,000. Fiduciary Financial Advisors acquired a new position in American Airlines Group in the 2nd quarter worth about $29,000. Pinnacle Holdings LLC purchased a new stake in shares of American Airlines Group during the 2nd quarter worth about $30,000. Center for Financial Planning Inc. raised its stake in shares of American Airlines Group by 377.4% during the 4th quarter. Center for Financial Planning Inc. now owns 2,530 shares of the airline’s stock worth $39,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Root Financial Partners LLC lifted its holdings in shares of American Airlines Group by 33.1% during the 1st quarter. Root Financial Partners LLC now owns 3,816 shares of the airline’s stock valued at $41,000 after buying an additional 949 shares during the last quarter. Hedge funds and other institutional investors own 52.44% of the company’s stock.

Insider Activity

In related news, SVP Angela Owens sold 40,077 shares of the stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $15.26, for a total value of $611,575.02. Following the completion of the sale, the senior vice president owned 178,799 shares in the company, valued at approximately $2,728,472.74. This trade represents a 18.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO David Seymour sold 69,343 shares of American Airlines Group stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $17.00, for a total value of $1,178,831.00. Following the sale, the chief operating officer directly owned 1,025,489 shares in the company, valued at approximately $17,433,313. This trade represents a 6.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 205,044 shares of company stock worth $3,407,451. Insiders own 0.70% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on AAL. Sanford C. Bernstein lifted their target price on shares of American Airlines Group from $20.00 to $23.00 and gave the company a “market outperform” rating in a research note on Wednesday, July 1st. Susquehanna lifted their price objective on shares of American Airlines Group from $16.00 to $25.00 and gave the company a “positive” rating in a research note on Tuesday, July 7th. Weiss Ratings downgraded shares of American Airlines Group from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday. Wells Fargo & Company restated a “market perform” rating on shares of American Airlines Group in a report on Tuesday, June 30th. Finally, Melius Research downgraded American Airlines Group from a “buy” rating to a “hold” rating and upped their price target for the stock from $15.00 to $19.00 in a research note on Tuesday, July 7th. Eight investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $18.86.

Read Our Latest Research Report on American Airlines Group

American Airlines Group Stock Down 0.6%

AAL opened at $13.64 on Friday. American Airlines Group Inc. has a 12-month low of $10.09 and a 12-month high of $18.79. The firm has a market capitalization of $9.03 billion, a P/E ratio of -27.84 and a beta of 1.34. The stock’s 50 day moving average price is $15.65 and its two-hundred day moving average price is $13.70.

American Airlines Group (NASDAQ:AALGet Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The airline reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.12. American Airlines Group had a negative return on equity of 9.11% and a negative net margin of 0.56%.The company had revenue of $16.73 billion during the quarter, compared to analysts’ expectations of $16.70 billion. During the same period in the prior year, the business earned $0.95 earnings per share. American Airlines Group’s revenue for the quarter was up 16.3% compared to the same quarter last year. 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. As a group, analysts anticipate that American Airlines Group Inc. will post -0.16 earnings per share for the current year.

American Airlines Group Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for American Airlines Group (NASDAQ:AAL)

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