Gradient Investments LLC purchased a new stake in shares of American Airlines Group Inc. (NASDAQ:AAL – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 157,411 shares of the airline’s stock, valued at approximately $2,844,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Kwmg LLC boosted its position in American Airlines Group by 3.3% during the 2nd quarter. Kwmg LLC now owns 502,506 shares of the airline’s stock worth $9,080,000 after acquiring an additional 16,070 shares during the period. Assenagon Asset Management S.A. increased its holdings in shares of American Airlines Group by 1,025.5% during the second quarter. Assenagon Asset Management S.A. now owns 1,191,912 shares of the airline’s stock valued at $21,538,000 after purchasing an additional 1,086,013 shares during the period. Evanson Financial LLC acquired a new position in shares of American Airlines Group during the second quarter valued at $201,000. Gainplan LLC bought a new stake in shares of American Airlines Group during the second quarter valued at about $453,000. Finally, GAMMA Investing LLC raised its stake in shares of American Airlines Group by 10.2% during the second quarter. GAMMA Investing LLC now owns 30,854 shares of the airline’s stock valued at $558,000 after purchasing an additional 2,849 shares in the last quarter. 52.44% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at American Airlines Group
In other news, COO David Seymour sold 69,343 shares of the firm’s stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $17.00, for a total transaction of $1,178,831.00. Following the transaction, the chief operating officer owned 1,025,489 shares in the company, valued at approximately $17,433,313. This trade represents a 6.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Angela Owens sold 40,077 shares of the company’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $15.26, for a total value of $611,575.02. Following the sale, the senior vice president owned 178,799 shares of the company’s stock, valued at approximately $2,728,472.74. This trade represents a 18.31% decrease in their position. 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. 0.70% of the stock is currently owned by company insiders.
American Airlines Group Stock Performance
American Airlines Group (NASDAQ:AAL – Get Free Report) last issued 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. 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 net margin of 0.56% and a negative return on equity of 9.11%. The company’s revenue for the quarter was up 16.3% on a year-over-year basis. During the same quarter last 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. On average, analysts predict that American Airlines Group Inc. will post 0.02 EPS for the current year.
Analysts Set New Price Targets
A number of equities analysts have recently weighed in on AAL shares. Sanford C. Bernstein upped their target price on American Airlines Group from $20.00 to $23.00 and gave the company a “market outperform” rating in a report on Wednesday, July 1st. Citigroup dropped their price objective on shares of American Airlines Group from $22.00 to $19.00 and set a “buy” rating on the stock in a research note on Friday, July 24th. Susquehanna increased their target price on shares of American Airlines Group from $16.00 to $25.00 and gave the stock a “positive” rating in a research report on Tuesday, July 7th. Melius Research lowered shares of American Airlines Group from a “buy” rating to a “hold” rating and lifted their target price for the company from $15.00 to $19.00 in a research note on Tuesday, July 7th. Finally, Bank of America increased their price objective on American Airlines Group from $16.00 to $19.00 and gave the stock a “neutral” rating in a report on Wednesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, American Airlines Group currently has an average rating of “Hold” and an average price target of $19.03.
View Our Latest Analysis on AAL
American Airlines Group Profile
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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