Andrew Nocella Sells 3,000 Shares of United Airlines (NASDAQ:UAL) Stock

United Airlines Holdings Inc (NASDAQ:UALGet Free Report) EVP Andrew Nocella sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $132.30, for a total value of $396,900.00. Following the completion of the transaction, the executive vice president owned 219,955 shares of the company’s stock, valued at approximately $29,100,046.50. The trade was a 1.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

United Airlines Price Performance

Shares of UAL stock opened at $129.12 on Friday. The business’s fifty day moving average is $121.18 and its 200 day moving average is $107.45. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 1.45. The stock has a market cap of $41.91 billion, a price-to-earnings ratio of 12.08, a PEG ratio of 0.98 and a beta of 1.28. United Airlines Holdings Inc has a twelve month low of $84.64 and a twelve month high of $138.77.

United Airlines (NASDAQ:UALGet Free Report) last announced its quarterly earnings data on Wednesday, July 15th. The transportation company reported $1.99 EPS for the quarter, beating the consensus estimate of $1.88 by $0.11. United Airlines had a return on equity of 19.05% and a net margin of 5.56%.The business had revenue of $17.67 billion during the quarter, compared to analyst estimates of $17.62 billion. During the same quarter last year, the firm posted $3.87 earnings per share. The company’s revenue for the quarter was up 16.4% on a year-over-year basis. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. Research analysts expect that United Airlines Holdings Inc will post 10.48 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms recently commented on UAL. Bank of America boosted their price objective on shares of United Airlines from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Zacks Research upgraded shares of United Airlines from a “strong sell” rating to a “hold” rating in a report on Thursday, June 11th. BMO Capital Markets upped their price target on United Airlines from $130.00 to $157.50 and gave the stock an “outperform” rating in a research note on Thursday, July 2nd. JPMorgan Chase & Co. raised their price objective on United Airlines from $156.00 to $203.00 and gave the company an “overweight” rating in a research report on Friday, July 17th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $155.00 price objective on shares of United Airlines in a research note on Sunday, July 19th. Sixteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $156.79.

Read Our Latest Report on United Airlines

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Bison Wealth LLC bought a new position in shares of United Airlines in the fourth quarter worth approximately $246,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in United Airlines by 24.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,872 shares of the transportation company’s stock worth $2,753,000 after acquiring an additional 7,713 shares during the last quarter. Focus Partners Wealth lifted its position in United Airlines by 92.7% in the 1st quarter. Focus Partners Wealth now owns 12,349 shares of the transportation company’s stock valued at $853,000 after acquiring an additional 5,939 shares in the last quarter. First Trust Advisors LP lifted its position in United Airlines by 23.5% in the 2nd quarter. First Trust Advisors LP now owns 292,580 shares of the transportation company’s stock valued at $23,298,000 after acquiring an additional 55,728 shares in the last quarter. Finally, Cresset Asset Management LLC boosted its stake in United Airlines by 73.5% during the 2nd quarter. Cresset Asset Management LLC now owns 9,410 shares of the transportation company’s stock valued at $749,000 after purchasing an additional 3,987 shares during the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.

About United Airlines

(Get Free Report)

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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