United Airlines (NASDAQ:UAL) Stock: Insider Andrew Nocella Sells 7,500 Shares

United Airlines Holdings Inc (NASDAQ:UAL) EVP Andrew Nocella sold 7,500 shares of the stock in a transaction on Monday, November 9th. The shares were sold at an average price of $119.41, for a total value of $895,575.00. Following the completion of the transaction, the executive vice president directly owned 207,455 shares in the company, valued at approximately $24,772,201.55. This trade represents a 3.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

United Airlines Stock Down 1.8%

NASDAQ:UAL opened at $118.37 on Thursday. United Airlines Holdings Inc has a 12-month low of $84.64 and a 12-month high of $138.77. The company has a quick ratio of 0.68, a current ratio of 0.75 and a debt-to-equity ratio of 1.38. The firm has a market capitalization of $38.46 billion, a P/E ratio of 10.83, a P/E/G ratio of 1.29 and a beta of 1.38. The stock’s fifty day simple moving average is $108.05 and its 200-day simple moving average is $108.38.

United Airlines (NASDAQ:UAL) last released its quarterly earnings data on Tuesday, October 20th. The transportation company reported $2.54 EPS for the quarter, missing analysts’ consensus estimates of $2.57 by ($0.03). United Airlines had a net margin of 5.46% and a return on equity of 17.59%. The company had revenue of $17.88 billion during the quarter, compared to the consensus estimate of $17.89 billion. During the same quarter in the prior year, the company posted $2.78 EPS. The company’s revenue for the quarter was up 17.4% compared to the same quarter last year. Equities research analysts expect that United Airlines Holdings Inc will post 7.04 earnings per share for the current year.

Institutional Investors Weigh In On United Airlines

Institutional investors have recently added to or reduced their stakes in the stock. Apollon Wealth Management LLC raised its stake in shares of United Airlines by 1.1% in the 3rd quarter. Apollon Wealth Management LLC now owns 10,327 shares of the transportation company’s stock valued at $1,146,000 after purchasing an additional 117 shares during the period. Pinnacle Associates Ltd. lifted its holdings in shares of United Airlines by 2.0% in the third quarter. Pinnacle Associates Ltd. now owns 6,461 shares of the transportation company’s stock valued at $717,000 after purchasing an additional 127 shares in the last quarter. Foster Victor Wealth Advisors LLC lifted its holdings in shares of United Airlines by 6.1% in the third quarter. Foster Victor Wealth Advisors LLC now owns 2,392 shares of the transportation company’s stock valued at $265,000 after purchasing an additional 137 shares in the last quarter. Keybank National Association OH boosted its position in shares of United Airlines by 2.6% during the third quarter. Keybank National Association OH now owns 5,795 shares of the transportation company’s stock worth $643,000 after buying an additional 145 shares during the period. Finally, Independent Advisor Alliance boosted its position in shares of United Airlines by 2.8% during the third quarter. Independent Advisor Alliance now owns 5,593 shares of the transportation company’s stock worth $647,000 after buying an additional 154 shares during the period. 69.69% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on UAL. Barclays cut their price target on shares of United Airlines from $175.00 to $160.00 and set an “overweight” rating on the stock in a research report on Friday, September 11th. Rothschild & Co Redburn decreased their price objective on shares of United Airlines from $165.00 to $150.00 and set a “buy” rating for the company in a report on Friday, September 18th. Wall Street Zen downgraded shares of United Airlines from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Jefferies Financial Group reiterated a “buy” rating and issued a $142.00 target price on shares of United Airlines in a report on Wednesday, October 21st. Finally, Sanford C. Bernstein set a $160.00 price target on shares of United Airlines in a research report on Tuesday, October 20th. Sixteen investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $156.19.

Key Stories Impacting United Airlines

These are some of the UAL stories that stood out recently:

• Positive Sentiment: United opened Concourse E at Washington Dulles, adding 14 gates and upgraded facilities. The expansion supports additional international service and the airline’s goal of more than 300 daily departures from the hub, creating capacity for growth. United Airlines Expands Dulles Hub With New Concourse E Opening
• Neutral Sentiment: United said it will block AI agents from accessing its systems to book flights, citing privacy and security concerns and a desire to avoid another intermediary. The move could help preserve direct customer relationships, though its financial effect is unclear. United Airlines Is Banning AI Bots From Booking Flights
• Negative Sentiment: CEO J. Scott Kirby and executives Kate Gebo and Andrew Nocella reported share sales. Such sales can unsettle investors, although the filings do not explain the executives’ reasons. SEC filing for CEO share sale

United Airlines Company Profile

United Airlines Holdings, Inc. operates United Airlines, a major U.S. passenger and cargo airline. The company provides domestic and international air transportation, cargo services, and travel-related offerings, including its MileagePlus loyalty program. Regional service is also offered under the United Express brand through partner airlines. United serves destinations across the Americas, Europe, Asia, Africa, and Oceania. Its network is organized around hubs including Chicago, Denver, Houston, Los Angeles, Newark, San Francisco, and Washington, D.C. The airline traces its history to Varney Air Lines, founded in 1926, and has developed through mergers and acquisitions over the decades.