The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. United Airlines Holdings Inc shares valued at $1,044,000 were purchased by Enqvist Torbjorn J on Oct 17 ’24. At $72.00 per share, Enqvist Torbjorn J acquired 14,500 shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Gebo Kate sold 15,000 shares, netting a total of over 762,915 in proceeds. Following the sale of shares at $50.86 each, the insider now holds 57,512 shares.
Before that, Gebo Kate had sold 15,000 shares from its account. In a trade valued at $762,360, the EVP HR and Labor Relations traded United Airlines Holdings Inc shares for $50.82 each. Upon closing the transaction, the insider’s holdings decreased to 15,000 shares, worth approximately $4.22 million.
As published in a research note from TD Cowen on October 17, 2024, United Airlines Holdings Inc [UAL] has been retained to a Buy and the price target has been revised to $100. Analysts at TD Cowen resumed the stock at ‘”a Buy”‘ outlook in a report released in mid July. As of June 06, 2024, Redburn Atlantic has increased its “Neutral” rating to a “Buy” for UAL. Earlier on May 29, 2024, Jefferies upgraded its rating. Their new recommendation was “a Buy” for UAL stock which previously was a “a Hold”.
Analyzing UAL Stock Performance
During the last five days, there has been a surge of approximately 21.69%. Over the course of the year, United Airlines Holdings Inc shares have jumped approximately 77.73%. Shares of the company reached a 52-week high of $74.56 on 10/17/24 and a 52-week low of $37.02 on 08/05/24. A 50-day SMA is recorded $50.67, while a 200-day SMA reached $47.54. Nevertheless, trading volume fell to 14.71 million shares from 37.21 million shares the previous day.
Support And Resistance Levels for United Airlines Holdings Inc (UAL)
According to the 24-hour chart, there is a support level at 71.76, which, if violated, would cause prices to drop to 70.19. In the upper region, resistance lies at 74.73. The next price resistance is at 76.13. RSI (Relative Strength Index) is 88.44 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 8.56, which suggests the price will increase in the coming days. Percent R is at 6.17%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
