Jefferies Financial Group Inc. bought a new stake in shares of American Airlines Group Inc. (NASDAQ:AAL – Free Report) in the 2nd quarter, Holdings Channel.com reports. The firm bought 125,384 shares of the airline’s stock, valued at approximately $2,266,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of AAL. Keating Financial Advisory Services Inc. purchased a new stake in American Airlines Group during the 2nd quarter valued at $29,000. Fiduciary Financial Advisors bought a new stake in shares of American Airlines Group in the second quarter worth about $29,000. Pinnacle Holdings LLC purchased a new position in American Airlines Group during the 2nd quarter valued at about $30,000. Center for Financial Planning Inc. lifted its holdings in American Airlines Group by 377.4% in the 4th quarter. Center for Financial Planning Inc. now owns 2,530 shares of the airline’s stock worth $39,000 after buying an additional 2,000 shares during the period. Finally, Root Financial Partners LLC grew its position in shares of American Airlines Group by 33.1% in the 1st quarter. Root Financial Partners LLC now owns 3,816 shares of the airline’s stock worth $41,000 after buying an additional 949 shares during the last quarter. Institutional investors own 52.44% of the company’s stock.
Insiders Place Their Bets
In other news, COO David Seymour sold 56,456 shares of the 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 transaction, 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. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Angela Owens sold 40,077 shares of the firm’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $15.26, for a total value of $611,575.02. Following the completion of the transaction, the senior vice president owned 178,799 shares in the company, valued at approximately $2,728,472.74. This trade represents a 18.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 205,044 shares of company stock valued at $3,407,451. Company insiders own 0.70% of the company’s stock.
American Airlines Group Stock Performance
American Airlines Group (NASDAQ:AAL – Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The airline reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.12. The firm had revenue of $16.73 billion during the quarter, compared to analysts’ expectations of $16.70 billion. American Airlines Group had a negative net margin of 0.56% and a negative return on equity of 9.11%. The firm’s quarterly revenue was up 16.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.95 earnings per share. 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. Research analysts forecast that American Airlines Group Inc. will post -0.16 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on the company. Sanford C. Bernstein upped their target price on American Airlines Group from $20.00 to $23.00 and gave the company a “market outperform” rating in a report on Wednesday, July 1st. BMO Capital Markets decreased their price objective on shares of American Airlines Group from $19.50 to $19.00 and set a “market perform” rating for the company in a report on Friday, July 24th. Wells Fargo & Company reaffirmed a “market perform” rating on shares of American Airlines Group in a research note on Tuesday, June 30th. Susquehanna raised their price objective on shares of American Airlines Group from $16.00 to $25.00 and gave the stock a “positive” rating in a report on Tuesday, July 7th. Finally, Barclays increased their target price on American Airlines Group from $16.00 to $19.00 and gave the stock an “equal weight” rating in a research report on Thursday, June 25th. Eight investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $18.86.
Check Out Our Latest Research Report on American Airlines Group
About American Airlines Group
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.
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