American Airlines Group Inc. (AAL): Beverly K. Goulet, , EVP Chief Integration Officer of American Airlines Group Inc. sold 40,000 shares on Jul 12, 2016. The Insider selling transaction was reported by the company on Jul 13, 2016 to the Securities and Exchange Commission. The shares were sold at $33.88 per share for a total value of $1,355,000.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 13, 2016, Richard P Schifter (director) purchased 3,000 shares at $32.13 per share price.On May 16, 2016, Jeffrey D Benjamin (director) purchased 35,000 shares at $31.79 per share price.Also, 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.
American Airlines Group Inc: On Monday, Jul 11, 2016 heightened volatility was witnessed in American Airlines Group Inc which led to swings in the share price. The shares opened for trading at $30.23 and hit $31.44 on the upside , eventually ending the session at $31.16, with a gain of 3.73% or 1.12 points. The heightened volatility saw the trading volume jump to 1,23,74,382 shares. The 52-week high of the share price is $47.09 and the company has a market cap of $18,016 M . The 52-week low of the share price is at $24.85.
Company has been under the radar of several Street Analysts.American Airlines Group Inc is Downgraded by Credit Suisse to Underperform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Jul 6, 2016.American Airlines Group Inc is Downgraded by BofA/Merrill to Underperform. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Jun 16, 2016.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. (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.