American Airlines Group, Inc. (NASDAQ:AAL) was the target of unusually large options trading on Monday. Stock traders acquired 1,841 put options on the stock. This represents an increase of approximately 221% compared to the typical volume of 574 put options.

A number of research firms have recently commented on AAL. Morgan Stanley restated an “equal weight” rating and issued a $51.00 target price (up previously from $47.00) on shares of American Airlines Group in a research note on Monday. Zacks Investment Research cut American Airlines Group from a “hold” rating to a “strong sell” rating in a research note on Monday. Cowen and Company restated an “outperform” rating and issued a $55.00 target price on shares of American Airlines Group in a research note on Tuesday, September 26th. Macquarie began coverage on American Airlines Group in a research note on Monday, September 25th. They issued a “neutral” rating and a $47.00 target price for the company. Finally, BidaskClub upgraded American Airlines Group from a “sell” rating to a “hold” rating in a research note on Saturday, September 23rd. Two research analysts have rated the stock with a sell rating, eight have given a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. American Airlines Group has an average rating of “Buy” and a consensus target price of $56.97.

American Airlines Group (AAL) opened at 50.73 on Thursday. The company’s 50-day moving average price is $45.96 and its 200-day moving average price is $47.06. The company has a market cap of $24.71 billion, a price-to-earnings ratio of 12.59 and a beta of 0.99. American Airlines Group has a 52-week low of $36.80 and a 52-week high of $54.48.

American Airlines Group (NASDAQ:AAL) last posted its earnings results on Friday, July 28th. The airline reported $1.92 earnings per share for the quarter, topping analysts’ consensus estimates of $1.87 by $0.05. The company had revenue of $11.11 billion during the quarter, compared to analyst estimates of $11.08 billion. American Airlines Group had a return on equity of 83.58% and a net margin of 5.02%. American Airlines Group’s revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.77 earnings per share. Equities research analysts expect that American Airlines Group will post $4.66 EPS for the current fiscal year.

In other American Airlines Group news, Director Ray M. Robinson sold 3,476 shares of the stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $46.76, for a total value of $162,537.76. Following the completion of the sale, the director now owns 29,938 shares in the company, valued at approximately $1,399,900.88. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Elise R. Eberwein sold 50,000 shares of the stock in a transaction that occurred on Wednesday, August 2nd. The stock was sold at an average price of $50.35, for a total value 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 approximately $15,727,728.80. The disclosure for this sale can be found here. In the last quarter, insiders sold 63,476 shares of company stock valued at $3,159,738. Company insiders own 0.64% of the company’s stock.

Institutional investors have recently bought and sold shares of the business. Teacher Retirement System of Texas lifted its holdings in shares of American Airlines Group by 9.2% during the 1st quarter. Teacher Retirement System of Texas now owns 323,344 shares of the airline’s stock valued at $13,677,000 after purchasing an additional 27,340 shares during the last quarter. State of Tennessee Treasury Department lifted its holdings in shares of American Airlines Group by 33.5% during the 2nd quarter. State of Tennessee Treasury Department now owns 183,936 shares of the airline’s stock valued at $9,256,000 after purchasing an additional 46,114 shares during the last quarter. Allen Investment Management LLC lifted its holdings in shares of American Airlines Group by 65.3% during the 2nd quarter. Allen Investment Management LLC now owns 37,455 shares of the airline’s stock valued at $1,885,000 after purchasing an additional 14,797 shares during the last quarter. Gendell Jeffrey L lifted its holdings in shares of American Airlines Group by 47.7% during the 1st quarter. Gendell Jeffrey L now owns 1,033,753 shares of the airline’s stock valued at $43,728,000 after purchasing an additional 334,053 shares during the last quarter. Finally, Quantitative Systematic Strategies LLC purchased a new stake in shares of American Airlines Group during the 2nd quarter valued at $3,259,000. Institutional investors own 81.56% of the company’s stock.

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American Airlines Group Company Profile

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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