American Airlines Group Inc. (NASDAQ:AAL - Get Free Report) SVP Angela Owens sold 40,077 shares of the firm's stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $15.26, for a total value of $611,575.02. Following the transaction, the senior vice president owned 178,799 shares of the company's stock, valued at approximately $2,728,472.74. The trade was a 18.31% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Angela Owens also recently made the following trade(s):
- On Tuesday, July 28th, Angela Owens sold 39,168 shares of American Airlines Group stock. The stock was sold at an average price of $15.34, for a total value of $600,837.12.
American Airlines Group Trading Down 1.0%
NASDAQ:AAL opened at $15.27 on Friday. The company has a market capitalization of $10.11 billion, a P/E ratio of -31.16 and a beta of 1.32. American Airlines Group Inc. has a 12 month low of $10.09 and a 12 month high of $18.79. The business's 50-day moving average is $15.57 and its 200 day moving average is $13.68.
American Airlines Group (NASDAQ:AAL - Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The airline reported $0.15 EPS for the quarter, beating analysts' consensus estimates of $0.03 by $0.12. The company had revenue of $16.73 billion during the quarter, compared to analyst estimates of $16.70 billion. American Airlines Group had a negative return on equity of 9.11% and a negative net margin of 0.56%.The firm's revenue was up 16.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.95 earnings per share. 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 Inc. will post 0.02 earnings per share for the current year.
Institutional Investors Weigh In On American Airlines Group
Institutional investors have recently modified their holdings of the stock. M&T Bank Corp boosted its stake in American Airlines Group by 818.7% during the fourth quarter. M&T Bank Corp now owns 212,892 shares of the airline's stock worth $3,264,000 after buying an additional 189,720 shares during the period. Union Square Park Capital Management LLC purchased a new stake in shares of American Airlines Group in the first quarter valued at $1,074,000. Fifth Third Bancorp raised its stake in shares of American Airlines Group by 2,448.0% in the first quarter. Fifth Third Bancorp now owns 159,634 shares of the airline's stock valued at $1,714,000 after acquiring an additional 153,369 shares during the period. Convergence Investment Partners LLC bought a new stake in shares of American Airlines Group in the 4th quarter worth about $804,000. Finally, U S Global Investors Inc. raised its position in American Airlines Group by 15.5% in the 1st quarter. U S Global Investors Inc. now owns 6,435,049 shares of the airline's stock worth $69,112,000 after purchasing an additional 865,205 shares during the period. 52.44% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on the stock. Melius Research lowered shares of American Airlines Group from a "buy" rating to a "hold" rating and raised their target price for the company from $15.00 to $19.00 in a report on Tuesday, July 7th. Wall Street Zen downgraded shares of American Airlines Group from a "buy" rating to a "hold" rating in a research note on Saturday, July 18th. Bank of America increased their price objective on shares of American Airlines Group from $16.00 to $19.00 and gave the company a "neutral" rating in a research report on Wednesday, July 1st. Sanford C. Bernstein increased their price objective on shares of American Airlines Group from $20.00 to $23.00 and gave the company a "market outperform" rating in a research report on Wednesday, July 1st. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of American Airlines Group from $13.00 to $18.00 and gave the stock a "buy" rating in a research note on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $19.03.
View Our Latest Stock Report on AAL
About American Airlines Group
(
Get Free Report)
American Airlines Group Inc is a leading global airline holding company headquartered in Fort Worth, Texas. Formed in December 2013 through the merger of AMR Corporation (parent of American Airlines) and US Airways Group, the company operates one of the world's largest passenger and cargo networks. Its subsidiaries include American Airlines, which provides mainline service, and American Eagle, a network of regional carriers operating short- and medium-haul routes on behalf of the mainline carrier.
The company offers scheduled air transportation for passengers and cargo to more than 350 destinations in over 50 countries.
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