American Airlines Group Inc. (AAL) Files Form 4 Insider Buying : Jeffrey D Benjamin Buys 35,000 Shares

American Airlines Group Inc. (AAL): Jeffrey D Benjamin , director of American Airlines Group Inc. purchased 35,000 shares on May 13, 2016. The Insider buying transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were purchased at $31.79 per share for a total value of $1,112,517.00 , 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 18, 2016, J Scott Kirby (President) sold 692 shares at $41.30 per share price.On Apr 4, 2016, W Douglas Parker (Chairman and CEO) sold 4,113 shares at $40.13 per share price.Also, On Mar 14, 2016, Andrew P Nocella (SVP Chief Marketing Officer) sold 684 shares at $42.43 per share price.On Feb 24, 2016, Maya Leibman (EVP Chief Information Officer) sold 100,000 shares at $40.74 per share price.

American Airlines Group Inc: On Friday, May 13, 2016 heightened volatility was witnessed in American Airlines Group Inc which led to swings in the share price. The shares opened for trading at $31.09 and hit $32.01 on the upside , eventually ending the session at $31.51, with a gain of 0.57% or 0.18 points. The heightened volatility saw the trading volume jump to 1,01,32,516 shares. The 52-week high of the share price is $49.68 and the company has a market cap of $18,218 M . The 52-week low of the share price is at $31.08.

American Airlines Group Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.American Airlines Group Inc is Upgraded by Morgan Stanley to Overweight. Earlier the firm had a rating of Equal-Weight on the company shares. The Rating was issued on Apr 28, 2016.American Airlines Group Inc is Reiterated by Cowen to Outperform while Lowering the Price Target of the company shares to $ 46 from a previous price target of $48 . The Rating was issued on Apr 22, 2016.American Airlines Group Inc is Downgraded by Deutsche Bank to Hold while Lowering the Price Target of the company shares to $ 46 from a previous price target of $55 . Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 1, 2016.American Airlines Group Inc is Upgraded by Raymond James to Outperform. Earlier the firm had a rating of Mkt Perform on the company shares. The Rating was issued on Mar 24, 2016.American Airlines Group Inc is Reiterated by Stifel to Buy while Lowering the Price Target of the company shares to $ 55 from a previous price target of $60 . The Rating was issued on Mar 24, 2016.

American Airlines Group Inc. (AAG) is a holding company and its wholly-owned subsidiaries include American Airlines Inc. (American) US Airways Group Inc. (US Airways Group) and Envoy Aviation Group Inc. (Envoy). US Airways Group’s principal subsidiary include US Airways Inc. (US Airways) and its other wholly-owned subsidiaries include Piedmont Airlines Inc. (Piedmont) and PSA Airlines Inc. (PSA). AAG’s primary business activity includes the operation of two network carriers through its principal wholly-owned mainline operating subsidiaries: American and US Airways. The Company’s airlines operate an average of approximately 6700 flights per day to around 339 destinations in around 54 countries from its hubs in Charlotte Chicago Dallas/Fort Worth (DFW) Los Angeles Miami New York Philadelphia Phoenix and Washington District of Columbia.

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