Jupiter Topco LLC purchased a new position in shares of American Airlines Group Inc. (NASDAQ:AAL – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 70,158 shares of the airline’s stock, valued at approximately $1,268,000.
Other institutional investors have also recently made changes to their positions in the company. Fiduciary Financial Advisors bought a new stake in shares of American Airlines Group in the second quarter valued at about $29,000. Keating Financial Advisory Services Inc. bought a new position in American Airlines Group during the 2nd quarter worth about $29,000. Pinnacle Holdings LLC bought a new position in American Airlines Group during the 2nd quarter worth about $30,000. Center for Financial Planning Inc. increased its position in American Airlines Group by 377.4% during the 4th quarter. Center for Financial Planning Inc. now owns 2,530 shares of the airline’s stock valued at $39,000 after purchasing an additional 2,000 shares during the period. Finally, Clearstead Advisors LLC increased its position in American Airlines Group by 140.3% during the 4th quarter. Clearstead Advisors LLC now owns 2,968 shares of the airline’s stock valued at $45,000 after purchasing an additional 1,733 shares during the period. Hedge funds and other institutional investors own 52.44% of the company’s stock.
Insiders Place Their Bets
In other American Airlines Group news, SVP Angela Owens sold 40,077 shares of American Airlines Group stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $15.26, for a total transaction of $611,575.02. Following the completion of the sale, the senior vice president owned 178,799 shares of the company’s stock, valued at approximately $2,728,472.74. The trade was a 18.31% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO David Seymour sold 69,343 shares of the business’s stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $17.00, for a total value of $1,178,831.00. Following the sale, the chief operating officer owned 1,025,489 shares in the company, valued at approximately $17,433,313. The trade was a 6.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 205,044 shares of company stock valued at $3,407,451 in the last 90 days. 0.70% of the stock is currently owned by company insiders.
American Airlines Group Stock Up 1.2%
American Airlines Group (NASDAQ:AAL – Get Free Report) last announced its earnings results 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 for the quarter, compared to the consensus estimate of $16.70 billion. During the same period in the previous year, the business earned $0.95 EPS. The firm’s revenue for the quarter was up 16.3% on a year-over-year basis. 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. As a group, analysts expect that American Airlines Group Inc. will post -0.16 EPS for the current year.
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on AAL. Wells Fargo & Company reaffirmed a “market perform” rating on shares of American Airlines Group in a research report on Tuesday, June 30th. TD Cowen lowered their target price on American Airlines Group from $24.00 to $16.00 and set a “buy” rating for the company in a report on Monday, August 24th. The Goldman Sachs Group dropped their target price on American Airlines Group from $15.00 to $13.00 and set a “sell” rating on the stock in a research report on Friday, July 24th. Zacks Research downgraded American Airlines Group from a “strong-buy” rating to a “hold” rating in a report on Friday, August 21st. Finally, Wall Street Zen downgraded American Airlines Group from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. 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 stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $18.86.
View 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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