American Airlines Group Inc. (NASDAQ:AAL) Shares Sold by Oak Thistle LLC

Oak Thistle LLC decreased its holdings in American Airlines Group Inc. (NASDAQ:AAL) by 68.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 30,778 shares of the airline’s stock after selling 67,250 shares during the quarter. Oak Thistle LLC’s holdings in American Airlines Group were worth $536,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Blue Trust Inc. grew its holdings in American Airlines Group by 56.2% during the 3rd quarter. Blue Trust Inc. now owns 2,533 shares of the airline’s stock worth $29,000 after acquiring an additional 911 shares in the last quarter. Point72 Hong Kong Ltd acquired a new position in American Airlines Group in the third quarter worth about $55,000. KBC Group NV grew its stake in American Airlines Group by 55.8% in the third quarter. KBC Group NV now owns 6,152 shares of the airline’s stock worth $69,000 after purchasing an additional 2,204 shares in the last quarter. GAMMA Investing LLC increased its holdings in American Airlines Group by 44.3% in the third quarter. GAMMA Investing LLC now owns 9,932 shares of the airline’s stock valued at $112,000 after buying an additional 3,047 shares during the last quarter. Finally, Sequoia Financial Advisors LLC acquired a new stake in American Airlines Group during the third quarter valued at approximately $114,000. Hedge funds and other institutional investors own 52.44% of the company’s stock.

Insider Buying and Selling at American Airlines Group

In other American Airlines Group news, CEO Robert D. Isom, Jr. sold 102,441 shares of American Airlines Group stock in a transaction dated Friday, December 27th. The stock was sold at an average price of $17.21, for a total transaction of $1,763,009.61. Following the transaction, the chief executive officer now owns 2,967,984 shares of the company’s stock, valued at $51,079,004.64. The trade was a 3.34 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.49% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. TD Cowen upgraded American Airlines Group from a “hold” rating to a “buy” rating and boosted their price target for the company from $17.00 to $25.00 in a report on Monday, January 6th. Melius Research upgraded shares of American Airlines Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Barclays lifted their price target on shares of American Airlines Group from $16.00 to $18.00 and gave the company an “equal weight” rating in a report on Friday, December 6th. Evercore ISI boosted their price objective 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, BNP Paribas upgraded American Airlines Group to a “hold” rating in a research note on Thursday, September 19th. One analyst has rated the stock with a sell rating, six have issued a hold rating, twelve have given a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $18.42.

American Airlines Group Trading Up 1.2 %

Shares of American Airlines Group stock opened at $18.29 on Friday. American Airlines Group Inc. has a 52 week low of $9.07 and a 52 week high of $18.56. The company’s 50-day moving average price is $16.24 and its two-hundred day moving average price is $12.94. The stock has a market cap of $12.02 billion, a PE ratio of 55.43, a price-to-earnings-growth ratio of 0.21 and a beta of 1.35.

American Airlines Group (NASDAQ:AAL) last posted its quarterly earnings data on Thursday, October 24th. The airline reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.14. The company had revenue of $13.65 billion during the quarter, compared to analyst estimates of $13.50 billion. American Airlines Group had a net margin of 0.51% and a negative return on equity of 18.62%. The business’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.38 earnings per share. On average, equities analysts predict that American Airlines Group Inc. will post 1.7 EPS for the current fiscal year.

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.