Trexquant Investment LP grew its holdings in shares of AerSale Co. (NASDAQ:ASLE - Free Report) by 67.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 234,440 shares of the company's stock after purchasing an additional 94,397 shares during the quarter. Trexquant Investment LP owned approximately 0.44% of AerSale worth $1,477,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Geode Capital Management LLC boosted its position in AerSale by 1.5% during the third quarter. Geode Capital Management LLC now owns 762,669 shares of the company's stock worth $3,852,000 after acquiring an additional 11,304 shares during the last quarter. Private Management Group Inc. acquired a new position in shares of AerSale during the 4th quarter worth approximately $6,994,000. Barclays PLC boosted its holdings in shares of AerSale by 266.5% during the 3rd quarter. Barclays PLC now owns 44,003 shares of the company's stock worth $222,000 after purchasing an additional 31,996 shares during the last quarter. Peapod Lane Capital LLC purchased a new stake in shares of AerSale in the fourth quarter valued at approximately $2,499,000. Finally, Meros Investment Management LP increased its holdings in shares of AerSale by 38.4% in the third quarter. Meros Investment Management LP now owns 449,631 shares of the company's stock valued at $2,271,000 after purchasing an additional 124,669 shares during the last quarter. Hedge funds and other institutional investors own 69.48% of the company's stock.
AerSale Stock Performance
Shares of AerSale stock traded down $0.17 during trading hours on Tuesday, hitting $7.09. The company's stock had a trading volume of 73,717 shares, compared to its average volume of 396,151. The stock has a market cap of $377.74 million, a price-to-earnings ratio of 709.71 and a beta of 0.27. AerSale Co. has a twelve month low of $4.53 and a twelve month high of $9.40. The firm has a fifty day moving average of $7.43 and a 200-day moving average of $6.48.
Wall Street Analyst Weigh In
Several analysts have issued reports on ASLE shares. Royal Bank of Canada upped their target price on AerSale from $7.00 to $8.00 and gave the company a "sector perform" rating in a report on Friday, March 7th. TD Cowen upgraded shares of AerSale to a "hold" rating in a research report on Thursday, December 19th.
Check Out Our Latest Analysis on ASLE
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).
See Also
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