Fox Run Management L.L.C. bought a new position in shares of AerSale Co. (NASDAQ:ASLE - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 64,479 shares of the company's stock, valued at approximately $406,000. Fox Run Management L.L.C. owned approximately 0.12% of AerSale as of its most recent SEC filing.
Other institutional investors have also recently modified their holdings of the company. Spire Wealth Management acquired a new position in AerSale in the 4th quarter worth about $27,000. Bfsg LLC purchased a new stake in AerSale in the 4th quarter worth $68,000. Virtu Financial LLC acquired a new position in AerSale during the third quarter worth $82,000. Bleakley Financial Group LLC purchased a new position in AerSale during the fourth quarter valued at $86,000. Finally, Intech Investment Management LLC acquired a new stake in shares of AerSale in the fourth quarter valued at about $90,000. 69.48% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several research analysts recently weighed in on ASLE shares. Royal Bank of Canada upped their price target on shares of AerSale from $7.00 to $8.00 and gave the stock a "sector perform" rating in a research report on Friday, March 7th. TD Cowen raised AerSale to a "hold" rating in a report on Thursday, December 19th.
View Our Latest Stock Analysis on ASLE
AerSale Stock Performance
Shares of NASDAQ:ASLE traded down $0.51 during midday trading on Friday, hitting $7.81. The company's stock had a trading volume of 504,382 shares, compared to its average volume of 384,404. The company has a market cap of $416.10 million, a P/E ratio of 781.78 and a beta of 0.29. AerSale Co. has a 12-month low of $4.53 and a 12-month high of $9.40. The business's 50 day simple moving average is $7.31 and its 200 day simple moving average is $6.29.
About AerSale
(
Free Report)
AerSale Corporation provides aftermarket commercial aircraft, engines, and its parts to passenger and cargo airlines, leasing companies, original equipment manufacturers, and government and defense contractors, as well as maintenance, repair, and overhaul (MRO) service providers worldwide. It operates in two segments, Asset Management Solutions and Technical Operations (TechOps).
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