70,732,954 Shares in American Airlines Group Inc. $AAL Acquired by Primecap Management Co. CA

Primecap Management Co. CA purchased a new stake in American Airlines Group Inc. (NASDAQ:AAL) during the 2nd quarter, HoldingsChannel reports. The fund purchased 70,732,954 shares of the airline’s stock, valued at approximately $1,278,144,000. Primecap Management Co. CA owned approximately 0.11% of American Airlines Group at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of AAL. BlackRock Inc. bought a new position in American Airlines Group in the 2nd quarter valued at $1,144,739,000. Renaissance Technologies LLC grew its holdings in shares of American Airlines Group by 569.4% during the first quarter. Renaissance Technologies LLC now owns 9,687,232 shares of the airline’s stock worth $104,041,000 after purchasing an additional 8,240,100 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of American Airlines Group in the second quarter valued at $119,628,000. Two Sigma Investments LP increased its stake in shares of American Airlines Group by 49.1% in the third quarter. Two Sigma Investments LP now owns 13,670,800 shares of the airline’s stock valued at $153,660,000 after buying an additional 4,500,897 shares in the last quarter. Finally, Bank of New York Mellon Corp bought a new position in shares of American Airlines Group in the second quarter valued at about $68,132,000. 52.44% of the stock is currently owned by institutional investors.

American Airlines Group Stock Up 2.3%

American Airlines Group stock opened at $13.95 on Wednesday. The business’s 50-day simple moving average is $15.78 and its 200 day simple moving average is $13.71. The stock has a market cap of $9.23 billion, a price-to-earnings ratio of -28.47 and a beta of 1.34. American Airlines Group Inc. has a 12-month low of $10.09 and a 12-month high of $18.79.

American Airlines Group (NASDAQ:AAL) last announced its quarterly earnings data on Thursday, July 23rd. The airline reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.12. American Airlines Group had a negative return on equity of 9.11% and a negative net margin of 0.56%.The firm had revenue of $16.73 billion during the quarter, compared to analysts’ expectations of $16.70 billion. During the same period in the previous year, the business posted $0.95 EPS. The company’s quarterly revenue was up 16.3% compared to the same quarter last year. American Airlines Group has set its Q3 2026 guidance at -0.700–0.100 EPS and its FY 2026 guidance at -0.650-0.650 EPS.

Insider Buying and Selling

In other American Airlines Group news, SVP Angela Owens sold 40,077 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $15.26, for a total value of $611,575.02. Following the transaction, the senior vice president directly owned 178,799 shares of the company’s stock, valued at approximately $2,728,472.74. This trade represents a 18.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO David Seymour sold 56,456 shares of American Airlines Group stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $18.00, for a total transaction of $1,016,208.00. Following the sale, the chief operating officer directly owned 969,033 shares of the company’s stock, valued at $17,442,594. This represents a 5.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 205,044 shares of company stock valued at $3,407,451. 0.70% of the stock is currently owned by insiders.

Key Headlines Impacting American Airlines Group

Here are the key news stories impacting American Airlines Group this week:

• Positive Sentiment: Airline stocks received some support after United Airlines announced the largest international expansion in its history, including 10 new destinations for 2027. The announcement suggests carriers continue to see opportunities for international travel growth, and AAL participated in the broader sector strength. Why United Airlines Stock Is Flying Higher Than Delta and American Today
• Neutral Sentiment: TD Cowen cut its American Airlines price target from $24 to $16 but maintained a “buy” rating. The sharply lower target reflects reduced expectations, although the rating indicates analysts still see potential upside from current levels. TD Cowen Price Target Update
• Neutral Sentiment: Reported short interest was listed at zero shares, with an unusable change calculation and a zero-day short-interest ratio. Because the figures appear to be a data error, they provide no reliable signal about investor positioning. American Airlines Short Interest Update
• Negative Sentiment: United’s expanded JFK presence and new international routes could strengthen its competitive position against American, particularly in premium and long-haul markets. The development may increase pressure on AAL’s fares, market share, and future growth. United Airlines CEO Makes Big JFK Move
• Negative Sentiment: American Airlines reportedly reduced its fourth-quarter capacity forecast amid signs of slowing travel. Lower planned capacity can signal weaker demand or tighter revenue expectations, adding pressure after the company’s latest guidance pointed to continued earnings volatility. American Airlines Stock Falls After Q4 Capacity Forecast Reduced

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on AAL. Deutsche Bank Aktiengesellschaft upped their price target on shares of American Airlines Group from $13.00 to $18.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Wall Street Zen downgraded shares of American Airlines Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. JPMorgan Chase & Co. upped their target price on shares of American Airlines Group from $22.00 to $24.00 and gave the stock an “overweight” rating in a research report on Friday, July 24th. Bank of America increased their price target on shares of American Airlines Group from $16.00 to $19.00 and gave the company a “neutral” rating in a research note on Wednesday, July 1st. Finally, Cantor Fitzgerald set a $24.00 price target on shares of American Airlines Group in a report on Thursday, July 2nd. Eight analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $18.86.

American Airlines Group Company Profile

American Airlines Group Inc is a leading global airline holding company headquartered in Fort Worth, Texas. Formed in December 2013 through the merger of AMR Corporation (parent of American Airlines) and US Airways Group, the company operates one of the world’s largest passenger and cargo networks. Its subsidiaries include American Airlines, which provides mainline service, and American Eagle, a network of regional carriers operating short- and medium-haul routes on behalf of the mainline carrier.

The company offers scheduled air transportation for passengers and cargo to more than 350 destinations in over 50 countries.