American Airlines Group Inc. (NASDAQ:AAL) EVP Elise R. Eberwein sold 89,556 shares of the stock in a transaction that occurred on Thursday, November 17th. The stock was sold at an average price of $44.85, for a total value of $4,016,586.60. Following the completion of the transaction, the executive vice president now directly owns 440,510 shares of the company’s stock, valued at $19,756,873.50. The sale was disclosed in a filing with the SEC, which is available at this link.

Shares of American Airlines Group Inc. (NASDAQ:AAL) opened at 46.08 on Tuesday. American Airlines Group Inc. has a 1-year low of $24.85 and a 1-year high of $46.75. The firm has a market cap of $23.88 billion, a P/E ratio of 4.78 and a beta of 0.88. The firm has a 50 day moving average price of $40.56 and a 200 day moving average price of $35.48.

American Airlines Group (NASDAQ:AAL) last announced its quarterly earnings results on Thursday, October 20th. The airline reported $2.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $1.23. The company earned $10.60 billion during the quarter, compared to the consensus estimate of $5.43 billion. American Airlines Group had a net margin of 14.16% and a return on equity of 95.17%. The company’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same period in the prior year, the business earned $2.77 earnings per share. Analysts anticipate that American Airlines Group Inc. will post $5.46 EPS for the current year.

Insider Buying and Selling by Quarter for American Airlines Group (NASDAQ:AAL)

The business also recently declared a quarterly dividend, which was paid on Monday, November 21st. Stockholders of record on Monday, November 7th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, November 3rd. This represents a $0.40 annualized dividend and a dividend yield of 0.87%. American Airlines Group’s dividend payout ratio (DPR) is presently 4.30%.

AAL has been the subject of a number of recent analyst reports. Vetr cut American Airlines Group from a “strong-buy” rating to a “buy” rating and set a $41.42 price target for the company. in a report on Tuesday, August 30th. Buckingham Research reaffirmed a “buy” rating and set a $49.00 price target (up from $44.00) on shares of American Airlines Group in a report on Tuesday, July 26th. Deutsche Bank AG raised their price target on American Airlines Group from $43.00 to $45.00 and gave the company a “buy” rating in a report on Monday, July 25th. Morgan Stanley set a $41.00 price target on American Airlines Group and gave the company a “buy” rating in a report on Thursday, August 18th. Finally, Stifel Nicolaus dropped their price target on American Airlines Group from $50.00 to $45.00 and set a “buy” rating for the company in a report on Wednesday, October 12th. Five research analysts have rated the stock with a sell rating, four have given a hold rating and ten have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $43.74.

Several hedge funds and other institutional investors have recently made changes to their positions in AAL. Breton Hill Capital Ltd. increased its position in shares of American Airlines Group by 103.8% in the second quarter. Breton Hill Capital Ltd. now owns 49,874 shares of the airline’s stock valued at $1,412,000 after buying an additional 25,407 shares during the period. North Star Investment Management Corp. bought a new stake in American Airlines Group during the second quarter worth $1,942,000. American National Bank increased its stake in American Airlines Group by 2.5% in the second quarter. American National Bank now owns 86,427 shares of the airline’s stock worth $2,446,000 after buying an additional 2,092 shares during the last quarter. Exxonmobil Investment Management Inc. TX increased its stake in American Airlines Group by 1.9% in the second quarter. Exxonmobil Investment Management Inc. TX now owns 149,660 shares of the airline’s stock worth $4,237,000 after buying an additional 2,840 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC bought a new stake in American Airlines Group during the first quarter worth $22,505,000. Institutional investors own 75.78% of the company’s stock.

About American Airlines Group

American Airlines Group Inc (AAG) is a holding company whose primary business activity is the operation of a network air carrier through its subsidiaries, American Airlines, Inc (American) and its regional subsidiaries, Envoy Aviation Group Inc (Envoy), Piedmont Airlines, Inc (Piedmont) and PSA Airlines, Inc (PSA).

5 Day Chart for NASDAQ:AAL

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