Traders Purchase Large Volume of Put Options on American Airlines Group (NASDAQ:AAL)

American Airlines Group Inc. (NASDAQ:AAL) was the recipient of unusually large options trading activity on Wednesday. Stock investors bought 119,587 put options on the company. This represents an increase of approximately 43% compared to the average volume of 83,854 put options.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Weiss Ratings upgraded American Airlines Group from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, October 8th. Zacks Research cut shares of American Airlines Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 21st. Sanford C. Bernstein set a $19.00 target price on American Airlines Group in a research note on Tuesday. JPMorgan Chase & Co. upped their price target on shares of American Airlines Group from $22.00 to $24.00 and gave the company an “overweight” rating in a report on Friday, July 24th. Finally, Rothschild & Co Redburn increased their target price on shares of American Airlines Group from $12.50 to $13.50 and gave the company a “neutral” rating in a research note on Friday, September 18th. Eight equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, American Airlines Group has a consensus rating of “Hold” and an average price target of $17.41.

Insider Activity

In related news, SVP Angela Owens sold 40,077 shares of the 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 completion of the transaction, the senior vice president owned 178,799 shares of the company’s stock, valued at approximately $2,728,472.74. This represents a 18.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.70% of the company’s stock.

Hedge Funds Weigh In On American Airlines Group

A number of institutional investors have recently modified their holdings of the company. Fiduciary Financial Advisors acquired a new position in American Airlines Group during the 2nd quarter worth $29,000. Keating Financial Advisory Services Inc. acquired a new position in American Airlines Group during the 2nd quarter valued at $29,000. Pinnacle Holdings LLC acquired a new stake in shares of American Airlines Group during the 2nd quarter worth approximately $30,000. Caitong International Asset Management Co. Ltd lifted its stake in American Airlines Group by 208.2% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,282 shares of the airline’s stock worth $50,000 after purchasing an additional 2,217 shares during the period. Finally, Root Financial Partners LLC lifted its position 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 worth $41,000 after buying an additional 949 shares during the period. Institutional investors own 52.44% of the company’s stock.

American Airlines Group Trading Up 4.2%

NASDAQ:AAL traded up $0.51 on Wednesday, hitting $12.62. 35,899,276 shares of the company’s stock traded hands, compared to its average volume of 77,287,305. The firm has a 50-day moving average price of $13.23 and a 200-day moving average price of $13.91. The company has a market cap of $8.35 billion, a PE ratio of -25.74 and a beta of 1.37. American Airlines Group has a 1 year low of $10.09 and a 1 year high of $18.79.

American Airlines Group (NASDAQ:AAL) last released 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 net margin of 0.56% and a negative return on equity of 9.11%. The firm had revenue of $16.73 billion for the quarter, compared to analyst estimates of $16.70 billion. During the same quarter in the prior year, the business earned $0.95 EPS. The company’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. On average, research analysts forecast that American Airlines Group will post -0.94 EPS for the current fiscal year.

About American Airlines Group

American Airlines Group Inc is a holding company whose principal subsidiary, American Airlines, provides scheduled passenger air transportation and air cargo services. The company operates a large mainline network under the American Airlines brand and offers regional service through carriers operating as American Eagle. Its services include domestic and international flights, connecting passengers through a network of hubs and focus cities.

American Airlines serves destinations throughout the United States, as well as markets in Canada, Mexico, the Caribbean, Central and South America, Europe, Asia and other international regions.