United Airlines (NASDAQ:UAL) CEO J Scott Kirby Sells 159,321 Shares

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

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 shares were 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 shares were sold at an average price of $121.30, for a total transaction of $5,859,153.90.

United Airlines Price Performance

NASDAQ:UAL opened at $123.77 on Wednesday. The company has a 50-day moving average of $118.06 and a 200-day moving average of $106.86. The company has a market capitalization of $40.17 billion, a price-to-earnings ratio of 11.58, a PEG ratio of 0.89 and a beta of 1.25. United Airlines Holdings Inc has a 52 week low of $82.42 and a 52 week 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.

United Airlines (NASDAQ:UALGet Free Report) last posted its earnings results on Wednesday, July 15th. The transportation company reported $1.99 earnings per share for the quarter, beating analysts’ consensus estimates of $1.88 by $0.11. United Airlines had a net margin of 5.56% and a return on equity of 19.05%. The business had revenue of $17.67 billion for the quarter, compared to analysts’ expectations of $17.62 billion. During the same quarter in the previous year, the firm posted $3.87 earnings per share. The firm’s revenue for the quarter was up 16.4% on a year-over-year basis. United Airlines has set its FY 2026 guidance at 9.000-11.000 EPS. As a group, equities research analysts anticipate that United Airlines Holdings Inc will post 10.48 earnings per share for the current fiscal year.

United Airlines News Roundup

Here are the key news stories impacting United Airlines this week:

  • Positive Sentiment: Airline stocks benefited from a decline in oil prices, which could reduce United’s largest variable expense and improve profit margins. A report that United previously explored a merger with Delta Air Lines generated additional attention, although the potential deal remains speculative. United Pursued Delta Merger: Report
  • Positive Sentiment: United’s revenue momentum, improving earnings estimates and liquidity position support the investment case. Its latest reported quarter exceeded analyst expectations, with earnings of $1.99 per share versus the $1.88 consensus and revenue of $17.67 billion. United Revenue Growth Analysis
  • Positive Sentiment: United introduced a new Economy Plus seating design for its upcoming Airbus A321XLR aircraft, featuring additional elbow room and a shared table. The product could help differentiate the airline and support premium revenue on long-haul international routes. United Unveils New Economy Plus Seating

Wall Street Analysts Forecast Growth

Several analysts recently commented on UAL shares. Sanford C. Bernstein boosted their price target on United Airlines from $136.00 to $153.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. UBS Group increased their price objective on United Airlines from $148.00 to $153.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Citigroup boosted their target price on shares of United Airlines from $132.00 to $171.00 and gave the company a “buy” rating in a research note on Monday, June 22nd. The Goldman Sachs Group upped their target price on shares of United Airlines from $131.00 to $162.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of United Airlines in a research report on Friday, July 17th. Sixteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $156.79.

View Our Latest Research Report on United Airlines

Institutional Investors Weigh In On United Airlines

Hedge funds and other institutional investors have recently bought and sold shares of the business. Bison Wealth LLC acquired a new stake in shares of United Airlines in the fourth quarter valued at $246,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in United Airlines by 24.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,872 shares of the transportation company’s stock worth $2,753,000 after buying an additional 7,713 shares in the last quarter. Focus Partners Wealth grew its holdings in United Airlines by 92.7% during the 1st quarter. Focus Partners Wealth now owns 12,349 shares of the transportation company’s stock worth $853,000 after acquiring an additional 5,939 shares during the last quarter. First Trust Advisors LP grew its holdings in United Airlines by 23.5% during the 2nd quarter. First Trust Advisors LP now owns 292,580 shares of the transportation company’s stock worth $23,298,000 after acquiring an additional 55,728 shares during the last quarter. Finally, Cresset Asset Management LLC increased its position in United Airlines by 73.5% in the 2nd quarter. Cresset Asset Management LLC now owns 9,410 shares of the transportation company’s stock valued at $749,000 after acquiring an additional 3,987 shares in the last quarter. 69.69% of the stock is owned by institutional investors and hedge funds.

About United Airlines

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for United Airlines (NASDAQ:UAL)

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