American Airlines Group Inc. (NASDAQ:AAL) SVP Angela Owens Sells 51,906 Shares

American Airlines Group Inc. (NASDAQ:AAL) SVP Angela Owens sold 51,906 shares of the stock in a transaction on Monday, January 27th. The stock was sold at an average price of $17.15, for a total transaction of $890,187.90. Following the completion of the sale, the senior vice president now owns 112,412 shares in the company, valued at $1,927,865.80. The trade was a 31.59 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

American Airlines Group Price Performance

Shares of AAL opened at $17.15 on Wednesday. American Airlines Group Inc. has a 1-year low of $9.07 and a 1-year high of $19.10. The stock has a market cap of $11.27 billion, a PE ratio of 51.97, a P/E/G ratio of 0.97 and a beta of 1.35. The firm has a 50-day simple moving average of $16.82 and a two-hundred day simple moving average of $13.35.

American Airlines Group (NASDAQ:AAL) last announced its quarterly earnings results on Thursday, January 23rd. The airline reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.47. American Airlines Group had a net margin of 0.51% and a negative return on equity of 18.62%. As a group, sell-side analysts expect that American Airlines Group Inc. will post 1.73 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Golden State Wealth Management LLC acquired a new position in shares of American Airlines Group in the fourth quarter valued at approximately $25,000. Brooklyn Investment Group grew its holdings in shares of American Airlines Group by 133.1% in the fourth quarter. Brooklyn Investment Group now owns 1,592 shares of the airline’s stock valued at $28,000 after purchasing an additional 909 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of American Airlines Group by 56.2% in the third quarter. Blue Trust Inc. now owns 2,533 shares of the airline’s stock valued at $29,000 after purchasing an additional 911 shares in the last quarter. Point72 Hong Kong Ltd acquired a new position in shares of American Airlines Group in the third quarter valued at approximately $55,000. Finally, KBC Group NV grew its holdings in shares of American Airlines Group by 55.8% in the third quarter. KBC Group NV now owns 6,152 shares of the airline’s stock valued at $69,000 after purchasing an additional 2,204 shares in the last quarter. Institutional investors and hedge funds own 52.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Seaport Res Ptn upgraded shares of American Airlines Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, December 5th. UBS Group upgraded shares of American Airlines Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 10th. The Goldman Sachs Group restated a “neutral” rating and set a $15.00 price target on shares of American Airlines Group in a research report on Friday, November 15th. Evercore ISI raised their price target on shares of American Airlines Group to $18.00 and gave the company a “hold” rating in a research report on Thursday, January 9th. Finally, Bank of America upgraded shares of American Airlines Group from an “underperform” rating to a “neutral” rating and raised their price target for the company from $12.00 to $20.00 in a research report on Friday, January 17th. Seven equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $18.99.

American Airlines Group Company Profile

American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC, as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.