Insider Selling: American Airlines Group Inc (AAL) Director Sells 35,182 Shares of Stock

American Airlines Group Inc (NASDAQ:AAL) Director Matthew J. Hart sold 35,182 shares of the stock in a transaction dated Monday, February 5th. The stock was sold at an average price of $51.90, for a total value of $1,825,945.80. Following the completion of the sale, the director now directly owns 33,258 shares of the company’s stock, valued at $1,726,090.20. The sale was disclosed in a filing with the SEC, which is available at this link.

American Airlines Group Inc (AAL) traded up $0.22 on Wednesday, hitting $51.40. The stock had a trading volume of 4,850,000 shares, compared to its average volume of 5,230,000. American Airlines Group Inc has a 52 week low of $39.21 and a 52 week high of $59.08. The company has a debt-to-equity ratio of 5.73, a current ratio of 0.61 and a quick ratio of 0.52. The stock has a market cap of $24,590.00, a P/E ratio of 13.15, a PEG ratio of 1.08 and a beta of 0.96.

American Airlines Group (NASDAQ:AAL) last posted its quarterly earnings results on Thursday, January 25th. The airline reported $0.95 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.92 by $0.03. American Airlines Group had a return on equity of 63.78% and a net margin of 4.55%. The company had revenue of $10.60 billion during the quarter, compared to the consensus estimate of $10.59 billion. During the same period last year, the business earned $0.92 EPS. The business’s quarterly revenue was up 8.3% on a year-over-year basis. equities analysts forecast that American Airlines Group Inc will post 5.78 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 20th. Stockholders of record on Tuesday, February 6th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date of this dividend is Monday, February 5th. American Airlines Group’s dividend payout ratio (DPR) is presently 10.23%.

Several equities research analysts recently issued reports on AAL shares. JPMorgan Chase & Co. raised American Airlines Group from a “neutral” rating to an “overweight” rating and set a $65.00 price objective for the company in a research note on Wednesday, November 1st. Stephens reissued a “hold” rating and issued a $61.00 price objective on shares of American Airlines Group in a research note on Friday, January 26th. Zacks Investment Research raised American Airlines Group from a “hold” rating to a “buy” rating and set a $59.00 price objective for the company in a research note on Wednesday, January 31st. BidaskClub raised American Airlines Group from a “hold” rating to a “buy” rating in a research note on Wednesday, December 27th. Finally, Morgan Stanley increased their price objective on American Airlines Group from $58.00 to $60.00 and gave the stock an “equal weight” rating in a research note on Friday, January 26th. One analyst has rated the stock with a sell rating, five have issued a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $61.56.

Institutional investors and hedge funds have recently bought and sold shares of the company. WFG Advisors LP raised its stake in shares of American Airlines Group by 28.1% during the 2nd quarter. WFG Advisors LP now owns 2,367 shares of the airline’s stock worth $119,000 after purchasing an additional 519 shares in the last quarter. Exane Derivatives raised its stake in shares of American Airlines Group by 416.3% during the 3rd quarter. Exane Derivatives now owns 2,592 shares of the airline’s stock worth $123,000 after purchasing an additional 2,090 shares in the last quarter. IHT Wealth Management LLC raised its stake in shares of American Airlines Group by 516.8% during the 2nd quarter. IHT Wealth Management LLC now owns 2,387 shares of the airline’s stock worth $126,000 after purchasing an additional 2,000 shares in the last quarter. Blue Granite Capital LLC purchased a new stake in shares of American Airlines Group during the 3rd quarter worth about $131,000. Finally, MPS Loria Financial Planners LLC acquired a new position in shares of American Airlines Group during the 2nd quarter valued at about $167,000. 81.20% of the stock is owned by institutional investors.

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American Airlines Group Company Profile

American Airlines Group Inc is a holding company. The Company’s primary business activity is the operation of a network air carrier, providing scheduled air transportation for passengers and cargo. The Company operates through American segment, which provides air transportation for passengers and cargo.

Insider Buying and Selling by Quarter for American Airlines Group (NASDAQ:AAL)

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