United Airlines (NASDAQ:UAL) CEO Sells $18,807,844.05 in Stock

United Airlines Holdings Inc (NASDAQ:UAL) CEO J Scott Kirby sold 159,321 shares of United Airlines stock in a transaction dated Tuesday, July 21st. The shares were sold at an average price of $118.05, for a total value of $18,807,844.05. Following the completion of the sale, the chief executive officer owned 797,851 shares of the company’s stock, valued at $94,186,310.55. This trade represents a 16.64% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

J Scott Kirby also recently made the following trade(s):

• On Tuesday, June 16th, J Scott Kirby sold 1,078 shares of United Airlines stock. The stock was sold at an average price of $120.74, for a total transaction of $130,157.72.
• On Monday, June 15th, J Scott Kirby sold 48,303 shares of United Airlines stock. The stock was sold at an average price of $121.30, for a total transaction of $5,859,153.90.

United Airlines Price Performance

United Airlines stock opened at $123.56 on Friday. United Airlines Holdings Inc has a 1 year low of $82.42 and a 1 year high of $138.77. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.72 and a current ratio of 0.78. The firm has a 50 day moving average price of $118.96 and a 200 day moving average price of $106.93. The company has a market cap of $40.11 billion, a price-to-earnings ratio of 11.56, a PEG ratio of 0.88 and a beta of 1.25.

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

Analysts Set New Price Targets

A number of brokerages recently weighed in on UAL. Citigroup lifted their target price on United Airlines from $132.00 to $171.00 and gave the company a “buy” rating in a report on Monday, June 22nd. Wells Fargo & Company raised their price objective on United Airlines from $130.00 to $165.00 and gave the stock an “overweight” rating in a report on Tuesday, June 30th. The Goldman Sachs Group lifted their price objective on United Airlines from $131.00 to $162.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. BMO Capital Markets boosted their target price on United Airlines from $130.00 to $157.50 and gave the stock an “outperform” rating in a report on Thursday, July 2nd. Finally, Wall Street Zen raised shares of United Airlines from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Sixteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $156.79.

Institutional Trading of United Airlines

Institutional investors have recently added to or reduced their stakes in the business. CWM LLC lifted its stake in shares of United Airlines by 61.0% during the fourth quarter. CWM LLC now owns 84,286 shares of the transportation company’s stock worth $9,425,000 after purchasing an additional 31,921 shares in the last quarter. AE Wealth Management LLC raised its holdings in shares of United Airlines by 441.5% during the 4th quarter. AE Wealth Management LLC now owns 19,089 shares of the transportation company’s stock valued at $2,134,000 after buying an additional 15,564 shares during the period. Caprock Group LLC raised its holdings in shares of United Airlines by 49.4% during the 4th quarter. Caprock Group LLC now owns 39,921 shares of the transportation company’s stock valued at $4,464,000 after buying an additional 13,205 shares during the period. PFA Pension Forsikringsaktieselskab acquired a new position in United Airlines during the 4th quarter worth approximately $1,872,000. Finally, Phoenix Financial Ltd. lifted its position in United Airlines by 129.6% during the 4th quarter. Phoenix Financial Ltd. now owns 23,183 shares of the transportation company’s stock worth $2,592,000 after acquiring an additional 13,085 shares in the last quarter. 69.69% of the stock is owned by hedge funds and other institutional investors.

United Airlines Company Profile

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.