In a filing, United Airlines Holdings Inc revealed its EVP & Chief Customer Officer Jojo Linda P unloaded Company’s shares for reported $5.71 million on Nov 22 ’24. In the deal valued at $95.12 per share,60,000 shares were sold. As a result of this transaction, Jojo Linda P now holds 63,599 shares worth roughly $6.66 million.
Then, Jojo Linda P bought 60,000 shares, generating $5,635,800 in total proceeds.
Before that, Gebo Kate sold 17,500 shares. United Airlines Holdings Inc shares valued at $1,411,358 were divested by the EVP HR and Labor Relations at a price of $80.65 per share. As a result of the transaction, Gebo Kate now holds 40,012 shares, worth roughly $4.19 million.
A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in mid November has reiterated a ‘”a Buy”‘ rating for it. TD Cowen maintained its rating on October 17, 2024. It rated UAL as “a Buy”.
Price Performance Review of UAL
On Monday, United Airlines Holdings Inc [NASDAQ:UAL] saw its stock fall -2.24% to $104.71. Over the last five days, the stock has gained 9.45%. United Airlines Holdings Inc shares have risen nearly 7.84% since the year began. Nevertheless, the stocks have risen 136.58% over the past one year. While a 52-week high of $110.92 was reached on 01/10/25, a 52-week low of $37.02 was recorded on 01/03/25. SMA at 50 days reached $94.37, while 200 days put it at $61.73.
Levels Of Support And Resistance For UAL Stock
The 24-hour chart illustrates a support level at 102.88, which if violated will result in even more drops to 101.06. On the upside, there is a resistance level at 105.83. A further resistance level may holdings at 106.96. The Relative Strength Index (RSI) on the 14-day chart is 63.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.16, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 32.45%. Stochastics %K at 82.11% 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 2024-12-31, growing by 0.56 million shares to a total of 19.43 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 18.86 million shares. There was a rise of 2.9%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 17, 2024 when TD Cowen resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $80.
