United Airlines Holdings Inc’s filing revealed that its EVP HR and Labor Relations Gebo Kate unloaded Company’s shares for reported $0.76 million on Apr 18 ’24. In the deal valued at $50.86 per share,15,000 shares were sold. As a result of this transaction, Gebo Kate now holds 57,512 shares worth roughly $3.01 million.
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Then, Gebo Kate sold 15,000 shares, generating $762,360 in total proceeds. Upon selling the shares at $50.82, the EVP HR and Labor Relations now owns 57,512 shares.
Before that, KENNEDY JAMES A C bought 4,500 shares. United Airlines Holdings Inc shares valued at $163,922 were divested by the Director at a price of $36.43 per share. As a result of the transaction, KENNEDY JAMES A C now holds 27,863 shares, worth roughly $1.46 million.
TD Cowen reiterated its United Airlines Holdings Inc [UAL] rating to a Buy in a research note published on July 17, 2024; the price target was $80. A number of analysts have revised their coverage, including Redburn Atlantic’s analysts, who increased its forecast for the stock in early June from “a Neutral” to “a Buy”. Jefferies also remained covering UAL and has increased its forecast on May 29, 2024 with a “Buy” recommendation from previously “Hold” rating. Wolfe Research revised its rating on May 17, 2024. It rated UAL as “an Outperform” which previously was an “a Peer perform”.
Price Performance Review of UAL
On Monday, United Airlines Holdings Inc [NASDAQ:UAL] saw its stock jump 0.36% to $52.36. Over the last five days, the stock has gained 1.99%. United Airlines Holdings Inc shares have risen nearly 26.90% since the year began. Nevertheless, the stocks have risen 19.84% over the past one year. While a 52-week high of $56.17 was reached on 05/16/24, a 52-week low of $33.68 was recorded on 08/05/24. SMA at 50 days reached $45.15, while 200 days put it at $45.89.
Levels Of Support And Resistance For UAL Stock
The 24-hour chart illustrates a support level at 51.69, which if violated will result in even more drops to 51.01. On the upside, there is a resistance level at 52.79. A further resistance level may holdings at 53.21. The Relative Strength Index (RSI) on the 14-day chart is 72.63, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.74, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 19.47%. Stochastics %K at 81.30% indicates the stock is a selling.
How much short interest is there in United Airlines Holdings Inc?
A steep rise in short interest was recorded in United Airlines Holdings Inc stocks on 2024-08-30, growing by 1.16 million shares to a total of 15.35 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 14.19 million shares. There was a rise of 7.59%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 20, 2024 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating along with a $47 price target.
