Insider Market Move: Is American Airlines Group Inc (NASDAQ:AAL) Stock a Sell after Maya Leibman’s Insider Sale?

November 23, 2016 - By Peter Erickson

Insider Market Move: Is American Airlines Group Inc (NASDAQ:AAL) Stock a Sell after Maya Leibman's Insider Sale?

Maya Leibman Insider Sell

American Airlines Group Inc’s EVP Chief Information Officer Maya Leibman unloaded 10,000 shares of the stock exchange listed company in an open market trade dated November 23, 2016. These shares were unloaded at the avg market share price which was $46.4, for a cumulative trade value of $463,500. The regulatory filing shows that Maya Leibman now owns roughly 0.04% of the Texas-based company’s market cap (share price times the number of shares outstanding) This stock transaction occurred on November 23, 2016 and was which was filed with the D.C. based-SEC. The legal report is accessible for free here.

American Airlines Group Inc (NASDAQ:AAL) Ratings Coverage

Out of 19 analysts covering American Airlines Group (NASDAQ:AAL), 9 rate it a “Buy”, 4 “Sell”, while 6 “Hold”. This means 47% are positive. $66 is the highest target while $28 is the lowest. The $44.31 average target is -4.44% below today’s ($46.37) stock price. American Airlines Group has been the topic of 32 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The company was upgraded on Thursday, January 7 by Credit Suisse. Zacks upgraded the stock to “Solid Sell” rating in Tuesday, August 11 report. The rating was maintained by JP Morgan with “Overweight” on Thursday, February 4. Imperial Capital maintained the shares of AAL in a report on Tuesday, November 22 with “In-Line” rating. UBS upgraded the stock to “Buy” rating in Wednesday, January 27 report. The stock of American Airlines Group Inc (NASDAQ:AAL) has “Mkt Perform” rating given on Wednesday, September 21 by Raymond James. The firm has “Equal-Weight” rating given on Tuesday, March 29 by Stephens. Vetr upgraded American Airlines Group Inc (NASDAQ:AAL) on Wednesday, September 2 to “Strong-Buy” rating. The rating was maintained by Imperial Capital on Wednesday, September 2 with “Outperform”. Cowen & Co upgraded American Airlines Group Inc (NASDAQ:AAL) on Monday, February 1 to “Outperform” rating.

Insitutional Activity: The institutional sentiment decreased to 0.46 in 2016 Q2. Its down 0.14, from 0.6 in 2016Q1. The ratio dropped, as 111 funds sold all American Airlines Group Inc shares owned while 206 reduced positions. 40 funds bought stakes while 150 increased positions. They now own 384.56 million shares or 8.83% less from 421.82 million shares in 2016Q1.

Wealthtrust has 0.01% invested in the company for 347 shares. Nuveen Asset Management Limited Liability Company holds 3.69M shares or 0.64% of its portfolio. Teton Advisors Inc has 0.2% invested in the company for 80,000 shares. Maverick Cap holds 0.01% of its portfolio in American Airlines Group Inc (NASDAQ:AAL) for 19,150 shares. Spot Trading Llc holds 235,051 shares or 0.11% of its portfolio. Ladenburg Thalmann Fin Inc last reported 100,885 shares in the company. Moreover, Eqis Mngmt has 0.02% invested in American Airlines Group Inc (NASDAQ:AAL) for 12,840 shares. Louisiana State Employees Retirement Systems has 37,900 shares for 0.06% of their US portfolio. Moreover, Intact Inv Mngmt Inc has 0.01% invested in American Airlines Group Inc (NASDAQ:AAL) for 7,200 shares. Central Bancorporation And Tru holds 0% of its portfolio in American Airlines Group Inc (NASDAQ:AAL) for 420 shares. Parallax Volatility Advisers Ltd Partnership, a California-based fund reported 1.53M shares. Shinko Asset Limited owns 512 shares or 0% of their US portfolio. Toronto Dominion Bankshares accumulated 829 shares or 0% of the stock. Delta Lloyd Nv holds 12,870 shares or 0.01% of its portfolio. Moreover, Credit Suisse Ag has 0.02% invested in American Airlines Group Inc (NASDAQ:AAL) for 775,110 shares.

Insider Transactions: Since June 13, 2016, the stock had 1 buying transaction, and 7 selling transactions for $14.36 million net activity. 3,000 shares with value of $96,390 were bought by SCHIFTER RICHARD P on Monday, June 13. On Monday, October 31 the insider Nocella Andrew P sold $6.97 million. $4.02 million worth of shares were sold by EBERWEIN ELISE R on Tuesday, November 15. Shares for $1.36M were sold by GOULET – BEVERLY K. on Tuesday, July 12. Leibman Maya sold $363,432 worth of stock or 10,000 shares.

About 5.16 million shares traded hands. American Airlines Group Inc (NASDAQ:AAL) has risen 15.17% since April 21, 2016 and is uptrending. It has outperformed by 9.84% the S&P500.

American Airlines Group Inc. is a holding firm whose primary business activity is the operation of a network air carrier through its subsidiaries, American Airlines, Inc. (American) and its regional subsidiaries, Envoy Aviation Group Inc. (Envoy), Piedmont Airlines, Inc. (Piedmont) and PSA Airlines, Inc. (PSA). The company has a market cap of $24.01 billion. The Firm has hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York City, Philadelphia, Phoenix and Washington, D.C. It has a 4.98 P/E ratio. Together with its regional airline subsidiaries and third-party regional carriers operating as American Eagle, the Company’s airline operates an average of approximately 6,700 flights per day to over 350 destinations in approximately 50 countries.

According to Zacks Investment Research, “American Airlines Group Inc. operates in the airline industry. The company provides scheduled passenger, freight and mail service primarily in North America, the Caribbean, Latin America, Europe and the Pacific. American Airlines Group Inc. is the holding company for American Airlines and US Airways. American Airlines Group Inc. is based in FORT WORTH TX.”

Analysts await American Airlines Group Inc (NASDAQ:AAL) to report earnings on February, 3. They expect $0.66 earnings per share, down 67.00% or $1.34 from last year’s $2 per share. AAL’s profit will be $341.74 million for 17.56 P/E if the $0.66 EPS becomes a reality. After $2.80 actual earnings per share reported by American Airlines Group Inc for the previous quarter, Wall Street now forecasts -76.43% negative EPS growth.

More recent American Airlines Group Inc (NASDAQ:AAL) news were published by: Fool.com which released: “Why American Airlines Group, Inc. Stock Rose 10.9% in October” on November 02, 2016. Also Wsj.com published the news titled: “Unusual Failure in American Airlines’ Jet Engine Prompts Investigation” on October 30, 2016. Schaeffersresearch.com‘s news article titled: “Analyst Upgrades: American Airlines Group Inc, Delta Air Lines, Inc., and ..” with publication date: November 22, 2016 was also an interesting one.

AAL Company Profile

American Airlines Group Inc. (AAG), incorporated on February 16, 1982, is a holding firm whose primary business activity is the operation of a network air carrier through its subsidiaries, American Airlines, Inc. (American) and its regional subsidiaries, Envoy Aviation Group Inc. (Envoy), Piedmont Airlines, Inc. (Piedmont) and PSA Airlines, Inc. (PSA) that operate under capacity purchase agreements as American Eagle.

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