Kate Gebo Sells 15,000 Shares of United Airlines Holdings, Inc. (NASDAQ:UAL) Stock

United Airlines Holdings, Inc. (NASDAQ:UAL) EVP Kate Gebo sold 15,000 shares of the business’s stock in a transaction on Thursday, April 18th. The shares were sold at an average price of $50.86, for a total transaction of $762,900.00. Following the sale, the executive vice president now directly owns 57,512 shares of the company’s stock, valued at $2,925,060.32. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

United Airlines Price Performance

UAL opened at $54.03 on Wednesday. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 2.52. The company’s 50-day moving average price is $44.93 and its 200 day moving average price is $41.67. United Airlines Holdings, Inc. has a fifty-two week low of $33.68 and a fifty-two week high of $58.23. The firm has a market cap of $17.77 billion, a price-to-earnings ratio of 6.68, a price-to-earnings-growth ratio of 0.52 and a beta of 1.55.

United Airlines (NASDAQ:UAL) last released its quarterly earnings data on Tuesday, January 23rd. The transportation company reported $2.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.61 by $0.39. The business had revenue of $13.63 billion during the quarter, compared to analyst estimates of $13.55 billion. United Airlines had a return on equity of 39.85% and a net margin of 4.90%. The business’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.46 EPS. As a group, sell-side analysts expect that United Airlines Holdings, Inc. will post 9.78 earnings per share for the current year.

Institutional Investors Weigh In On United Airlines

Hedge funds have recently added to or reduced their stakes in the stock. NBC Securities Inc. acquired a new stake in shares of United Airlines in the third quarter valued at approximately $25,000. Loomis Sayles & Co. L P raised its stake in United Airlines by 707.8% during the 3rd quarter. Loomis Sayles & Co. L P now owns 622 shares of the transportation company’s stock valued at $26,000 after acquiring an additional 545 shares in the last quarter. Venturi Wealth Management LLC boosted its position in United Airlines by 72.1% during the 4th quarter. Venturi Wealth Management LLC now owns 654 shares of the transportation company’s stock worth $27,000 after acquiring an additional 274 shares during the period. Wetzel Investment Advisors Inc. bought a new position in shares of United Airlines in the fourth quarter worth $27,000. Finally, GoalVest Advisory LLC acquired a new position in shares of United Airlines during the first quarter valued at $33,000. 69.69% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

UAL has been the subject of a number of research reports. Redburn Atlantic cut United Airlines from a “buy” rating to a “neutral” rating and set a $50.00 target price for the company. in a report on Tuesday, February 13th. StockNews.com upgraded United Airlines from a “sell” rating to a “hold” rating in a research note on Wednesday. Raymond James boosted their price target on United Airlines from $66.00 to $70.00 and gave the stock an “outperform” rating in a research report on Thursday, April 18th. Susquehanna lifted their target price on United Airlines from $55.00 to $60.00 and gave the stock a “positive” rating in a research report on Thursday, April 18th. Finally, Morgan Stanley increased their price target on United Airlines from $75.00 to $80.00 and gave the company an “overweight” rating in a report on Thursday, April 18th. Four research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, United Airlines has a consensus rating of “Moderate Buy” and an average target price of $66.53.

About United Airlines

United Airlines Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.