Jefferies Financial Group Inc. acquired a new position in shares of American Airlines Group Inc. (NASDAQ:AAL – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 125,384 shares of the airline’s stock, valued at approximately $2,266,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in AAL. EverSource Wealth Advisors LLC grew its stake in American Airlines Group by 21.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 4,276 shares of the airline’s stock valued at $66,000 after acquiring an additional 766 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of American Airlines Group by 6.6% in the 2nd quarter. NewEdge Advisors LLC now owns 13,251 shares of the airline’s stock worth $149,000 after purchasing an additional 823 shares in the last quarter. HB Wealth Management LLC lifted its holdings in shares of American Airlines Group by 4.5% in the 1st quarter. HB Wealth Management LLC now owns 20,205 shares of the airline’s stock worth $217,000 after purchasing an additional 871 shares in the last quarter. Root Financial Partners LLC increased its position in shares of American Airlines Group by 33.1% during the first quarter. Root Financial Partners LLC now owns 3,816 shares of the airline’s stock worth $41,000 after acquiring an additional 949 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC raised its stake in shares of American Airlines Group by 4.9% in the first quarter. Fifth Third Wealth Advisors LLC now owns 20,631 shares of the airline’s stock worth $222,000 after purchasing an additional 966 shares during the last quarter. Institutional investors own 52.44% of the company’s stock.
Insider Buying and Selling
In other American Airlines Group news, COO David Seymour sold 69,343 shares of the business’s stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $17.00, for a total transaction of $1,178,831.00. Following the sale, the chief operating officer owned 1,025,489 shares of the company’s stock, valued at $17,433,313. The trade was a 6.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Angela Owens sold 40,077 shares of the stock in a transaction on Friday, July 31st. The stock was sold at an average price of $15.26, for a total value of $611,575.02. Following the sale, the senior vice president owned 178,799 shares in the company, valued at approximately $2,728,472.74. This represents a 18.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 205,044 shares of company stock valued at $3,407,451 over the last quarter. 0.70% of the stock is owned by company insiders.
Analysts Set New Price Targets
American Airlines Group Stock Performance
AAL stock opened at $13.64 on Friday. The company has a market capitalization of $9.03 billion, a price-to-earnings ratio of -27.84 and a beta of 1.34. American Airlines Group Inc. has a fifty-two week low of $10.09 and a fifty-two week high of $18.79. The stock has a fifty day moving average of $15.65 and a 200-day moving average of $13.70.
American Airlines Group (NASDAQ:AAL – Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The airline reported $0.15 EPS for the quarter, beating the consensus estimate of $0.03 by $0.12. The business had revenue of $16.73 billion for the quarter, compared to the consensus estimate of $16.70 billion. American Airlines Group had a negative net margin of 0.56% and a negative return on equity of 9.11%. The company’s revenue was up 16.3% compared to the same quarter last year. During the same period in the prior year, the firm 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. Equities analysts predict that American Airlines Group Inc. will post -0.16 EPS for the current year.
American Airlines Group Company Profile
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.
See Also
- Five stocks we like better than American Airlines Group
- From SaaS-pocalypse to Perfect Storm: Workday’s AI Growth Story Strengthens
- These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash
- Venture Into High-Volatility Corners of the Market With These 3 ETFs
- 3 Retail Stocks to Watch After a Big Consumer Earnings Week
Receive News & Ratings for American Airlines Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Airlines Group and related companies with MarketBeat.com's FREE daily email newsletter.
