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united airlines executive sells shares as institutional investors increase holdings

EVP Torbjorn J. Enqvist sold 14,500 shares of United Airlines at $72.00 each, totaling $1,044,000, reducing his stake by 32.27%. Insiders sold 92,000 shares valued at $8.16 million last quarter, while institutional investors hold 69.69% of the company. UBS Group raised its price target for United Airlines to $140.00, indicating a potential upside of 42.03%.

executives sell shares as united airlines sees mixed analyst ratings

EVP Kate Gebo sold 17,500 shares of United Airlines at $80.44 each, totaling $1.4 million, reducing her ownership by 30.43% to 40,012 shares valued at approximately $3.2 million. Institutional investors hold 69.69% of the stock, with UBS Group maintaining a "buy" rating and a target price of $139.00, indicating a potential upside of 43.55%. United Airlines reported a quarterly EPS of $3.33, exceeding estimates, and announced a $1.5 billion share repurchase program, reflecting management's confidence in the stock's value.
14:04 26.11.2024
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