American Airlines Group Inc. (NASDAQ:AAL) SVP Sells $890,187.90 in Stock

American Airlines Group Inc. (NASDAQ:AAL - Get Free Report) SVP Angela Owens sold 51,906 shares of American Airlines Group stock in a transaction on Monday, January 27th. The shares were sold at an average price of $17.15, for a total value of $890,187.90. Following the sale, the senior vice president now directly owns 112,412 shares in the company, valued at $1,927,865.80. The trade was a 31.59 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

American Airlines Group Stock Up 0.1 %

Shares of AAL traded up $0.02 during mid-day trading on Friday, reaching $16.92. The company's stock had a trading volume of 30,031,364 shares, compared to its average volume of 30,075,846. The company has a market cap of $11.12 billion, a price-to-earnings ratio of 14.84, a price-to-earnings-growth ratio of 0.24 and a beta of 1.35. The business has a fifty day moving average of $16.98 and a 200 day moving average of $13.46. American Airlines Group Inc. has a 1 year low of $9.07 and a 1 year high of $19.10.

American Airlines Group (NASDAQ:AAL - Get Free Report) last announced its quarterly earnings data on Thursday, January 23rd. The airline reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.47. American Airlines Group had a negative return on equity of 28.56% and a net margin of 1.56%. On average, analysts predict that American Airlines Group Inc. will post 2.39 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have commented on AAL. Sanford C. Bernstein upgraded shares of American Airlines Group from a "market perform" rating to an "outperform" rating and boosted their price target for the stock from $14.00 to $24.00 in a research report on Tuesday, December 10th. Bank of America raised American Airlines Group from an "underperform" rating to a "neutral" rating and boosted their target price for the stock from $12.00 to $20.00 in a report on Friday, January 17th. Seaport Res Ptn upgraded American Airlines Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, December 5th. StockNews.com raised American Airlines Group from a "hold" rating to a "buy" rating in a research note on Wednesday. Finally, Morgan Stanley raised their target price on American Airlines Group from $18.00 to $22.00 and gave the company an "overweight" rating in a research note on Wednesday, December 11th. Seven investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $18.99.

Institutional Investors Weigh In On American Airlines Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Convergence Investment Partners LLC bought a new stake in shares of American Airlines Group in the 4th quarter valued at approximately $502,000. SilverOak Wealth Management LLC acquired a new position in shares of American Airlines Group during the 4th quarter worth $217,000. Bfsg LLC raised its holdings in shares of American Airlines Group by 269.3% during the 4th quarter. Bfsg LLC now owns 2,057 shares of the airline's stock valued at $36,000 after purchasing an additional 1,500 shares in the last quarter. CIBC Asset Management Inc lifted its stake in shares of American Airlines Group by 5.2% in the 4th quarter. CIBC Asset Management Inc now owns 19,987 shares of the airline's stock valued at $348,000 after purchasing an additional 981 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in American Airlines Group by 69.5% in the fourth quarter. Principal Financial Group Inc. now owns 2,575,571 shares of the airline's stock worth $44,892,000 after purchasing an additional 1,055,667 shares in the last quarter. Hedge funds and other institutional investors own 52.44% of the company's stock.

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.