Quantbot Technologies LP bought a new position in American Airlines Group Inc. (NASDAQ:AAL – Free Report) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 263,834 shares of the airline’s stock, valued at approximately $4,767,000.
A number of other large investors have also recently added to or reduced their stakes in the stock. Keating Financial Advisory Services Inc. acquired a new position in American Airlines Group during the second quarter valued at approximately $29,000. Center for Financial Planning Inc. lifted its stake in shares of American Airlines Group by 377.4% in the fourth 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 last quarter. Clearstead Advisors LLC lifted its stake in shares of American Airlines Group by 140.3% in the fourth quarter. Clearstead Advisors LLC now owns 2,968 shares of the airline’s stock worth $45,000 after buying an additional 1,733 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in shares of American Airlines Group by 208.2% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,282 shares of the airline’s stock worth $50,000 after buying an additional 2,217 shares during the period. Finally, TD Waterhouse Canada Inc. boosted its holdings in shares of American Airlines Group by 74.8% during the 4th quarter. TD Waterhouse Canada Inc. now owns 3,500 shares of the airline’s stock worth $54,000 after buying an additional 1,498 shares during the period. Institutional investors own 52.44% of the company’s stock.
Insider Buying and Selling at American Airlines Group
In other news, COO David Seymour sold 56,456 shares of the stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $18.00, for a total value of $1,016,208.00. Following the completion of the transaction, the chief operating officer owned 969,033 shares in the company, valued at approximately $17,442,594. This represents a 5.51% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Angela Owens sold 40,077 shares of the firm’s 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 transaction, the senior vice president directly owned 178,799 shares of the company’s stock, valued at $2,728,472.74. The trade was a 18.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 205,044 shares of company stock worth $3,407,451 in the last three months. Insiders own 0.70% of the company’s stock.
Wall Street Analyst Weigh In
Read Our Latest Research Report on American Airlines Group
American Airlines Group Price Performance
NASDAQ AAL opened at $13.82 on Friday. The firm has a market capitalization of $9.15 billion, a price-to-earnings ratio of -28.20 and a beta of 1.34. The company’s fifty day moving average is $15.85 and its two-hundred day moving average is $13.72. American Airlines Group Inc. has a 52-week low of $10.09 and a 52-week high of $18.79.
American Airlines Group (NASDAQ:AAL – Get Free Report) last announced its quarterly earnings data 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. The company had revenue of $16.73 billion for the quarter, compared to analyst estimates of $16.70 billion. American Airlines Group had a negative return on equity of 9.11% and a negative net margin of 0.56%.American Airlines Group’s revenue for the quarter was up 16.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.95 EPS. 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.
American Airlines Group Company Profile
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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