American Airlines Group, Inc. (NASDAQ:AAL) was the recipient of unusually large options trading activity on Monday. Traders purchased 17,815 call options on the stock. This is an increase of approximately 118% compared to the typical volume of 8,181 call options.

American Airlines Group (AAL) opened at 46.85 on Thursday. The company has a market capitalization of $22.82 billion, a PE ratio of 11.63 and a beta of 0.98. American Airlines Group has a 12 month low of $34.86 and a 12 month high of $54.48. The stock’s 50 day moving average is $46.60 and its 200-day moving average is $46.73.

American Airlines Group (NASDAQ:AAL) last announced its quarterly earnings results on Friday, July 28th. The airline reported $1.92 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.87 by $0.05. American Airlines Group had a net margin of 5.02% and a return on equity of 83.58%. The firm had revenue of $11.11 billion during the quarter, compared to analysts’ expectations of $11.08 billion. During the same period in the prior year, the company posted $1.77 EPS. The company’s revenue was up 7.2% on a year-over-year basis. On average, analysts expect that American Airlines Group will post $4.70 EPS for the current year.

AAL has been the topic of several research analyst reports. ValuEngine raised shares of American Airlines Group from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 2nd. BidaskClub cut shares of American Airlines Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 16th. Morgan Stanley reissued an “equal weight” rating and set a $49.00 price target (up from $46.00) on shares of American Airlines Group in a research note on Friday, June 16th. Atlantic Securities initiated coverage on shares of American Airlines Group in a research note on Tuesday, June 20th. They set an “underweight” rating and a $56.00 price target on the stock. Finally, Zacks Investment Research raised shares of American Airlines Group from a “hold” rating to a “buy” rating and set a $55.00 price target on the stock in a research note on Wednesday, June 28th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of $56.86.

In other news, EVP Elise R. Eberwein sold 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 2nd. The shares were sold at an average price of $50.35, for a total transaction of $2,517,500.00. Following the completion of the sale, the executive vice president now owns 312,368 shares of the company’s stock, valued at $15,727,728.80. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Ray M. Robinson sold 3,476 shares of the firm’s stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $46.76, for a total transaction of $162,537.76. Following the sale, the director now directly owns 29,938 shares of the company’s stock, valued at approximately $1,399,900.88. The disclosure for this sale can be found here. Insiders sold 63,476 shares of company stock valued at $3,159,738 in the last three months. Company insiders own 0.69% of the company’s stock.

Several large investors have recently bought and sold shares of the company. Wetherby Asset Management Inc. boosted its stake in shares of American Airlines Group by 1.0% in the 2nd quarter. Wetherby Asset Management Inc. now owns 4,969 shares of the airline’s stock valued at $250,000 after purchasing an additional 47 shares during the last quarter. Westside Investment Management Inc. boosted its stake in shares of American Airlines Group by 3.5% in the 2nd quarter. Westside Investment Management Inc. now owns 2,116 shares of the airline’s stock valued at $111,000 after purchasing an additional 72 shares during the last quarter. First Manhattan Co. boosted its stake in shares of American Airlines Group by 3.3% in the 2nd quarter. First Manhattan Co. now owns 2,380 shares of the airline’s stock valued at $119,000 after purchasing an additional 75 shares during the last quarter. LS Investment Advisors LLC boosted its stake in shares of American Airlines Group by 0.5% in the 2nd quarter. LS Investment Advisors LLC now owns 21,283 shares of the airline’s stock valued at $1,071,000 after purchasing an additional 97 shares during the last quarter. Finally, Thrivent Financial For Lutherans boosted its stake in shares of American Airlines Group by 0.6% in the 2nd quarter. Thrivent Financial For Lutherans now owns 21,507 shares of the airline’s stock valued at $1,090,000 after purchasing an additional 130 shares during the last quarter. 81.54% of the stock is currently owned by institutional investors.

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About American Airlines Group

American Airlines Group Inc is a holding company. The Company’s primary business activity is the operation of a network air carrier, providing scheduled air transportation for passengers and cargo. The Company operates through American segment, which provides air transportation for passengers and cargo.

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