United Continental Holdings, Inc. (UAL) Files Form 4 Insider Buying : Edward Shapiro Buys 1,905,000 Shares

United Continental Holdings, Inc. (UAL): Edward Shapiro , director of United Continental Holdings, Inc. purchased 1,905,000 shares on Apr 21, 2016. The Insider buying transaction was reported by the company on Apr 25, 2016 to the Securities and Exchange Commission. The shares were purchased at $51.90 per share for a total value of $99251552 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 22, 2016, Oscar Munoz (CEO) purchased 19,800 shares at $50.53 per share price.On Mar 14, 2016, James A C Kennedy (director) purchased 900 shares at $57.55 per share price.Also, On Feb 4, 2015, Irene E Foxhall (Exec VP Comm & Gov Affairs) sold 3,987 shares at $68.37 per share price.On Jan 23, 2015, Michael P Bonds (EVP HR and Labor Relations) sold 6,504 shares at $71.20 per share price.

Shares of United Continental Holdings Inc (UAL) ended Friday, Apr 22, 2016 session in red amid volatile trading. The shares closed down -2.02 points or -3.83% at $50.74 with 1,13,40,825 shares getting traded. Post opening the session at $51.2, the shares hit an intraday low of $50.2 and an intraday high of $51.59 and the price vacillated in this range throughout the day. The company has a market cap of $17,090 M and the number of outstanding shares has been calculated to be 33,68,23,230 shares. The 52-week high of United Continental Holdings Inc is $64.95 and the 52-week low is $42.17.

United Continental Holdings Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.United Continental Holdings Inc is Reiterated by Cowen to Outperform while Lowering the Price Target of the company shares to $ 62 from a previous price target of $65 . The Rating was issued on Apr 22, 2016.United Continental Holdings Inc is Downgraded by Sterne Agee CRT to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 22, 2016.United Continental Holdings Inc is Reiterated by Stifel to Buy while Lowering the Price Target of the company shares to $ 70 from a previous price target of $75 . The Rating was issued on Apr 22, 2016.United Continental Holdings Inc is Downgraded by Deutsche Bank to Hold while Lowering the Price Target of the company shares to $ 62 from a previous price target of $75 . Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 1, 2016.United Continental Holdings Inc is Downgraded by Raymond James to Mkt Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Mar 24, 2016.

United Continental Holdings Inc. (UAL) is a holding company and its principal wholly owned subsidiary is United Air Lines Inc. (United). The Company transports people and cargo through its mainline operations which use jet aircraft with at least 118 seats and its regional operations. It has global air rights in North America Asia-Pacific Europe Middle East Africa and Latin America. The Company through United and its regional carriers operates an average of 5055 flights a day to 373 airports across six continents from the Company’s hubs at Newark Liberty International Airport Chicago O’Hare International Airport Denver International Airport George Bush Intercontinental Airport Los Angeles International Airport A.B. Won Pat International Airport San Francisco International Airport and Washington Dulles International Airport. It has contractual relationships with a range of regional carriers to provide regional jet and turboprop service branded as United Express.

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