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 $5,707,500 were sold by Jojo Linda P on Nov 22 ’24. At $95.12 per share, Jojo Linda P sold 60,000 shares. The insider’s holdings dropped to 63,599 shares worth approximately $6.89 million following the completion of this transaction.
Also, Jojo Linda P purchased 60,000 shares, netting a total of over 5,635,800 in proceeds.
Before that, Gebo Kate had sold 17,500 shares from its account. In a trade valued at $1,411,358, the EVP HR and Labor Relations traded United Airlines Holdings Inc shares for $80.65 each. Upon closing the transaction, the insider’s holdings decreased to 17,500 shares, worth approximately $4.33 million.
As published in a research note from TD Cowen on January 24, 2025, United Airlines Holdings Inc [UAL] has been retained to a Buy and the price target has been revised to $165. As of November 19, 2024, TD Cowen has reiterated its “Buy” rating for UAL.
Analyzing UAL Stock Performance
During the last five days, there has been a surge of approximately 0.27%. Over the course of the year, United Airlines Holdings Inc shares have jumped approximately 11.49%. Shares of the company reached a 52-week high of $116.00 on 01/22/25 and a 52-week low of $91.78 on 01/03/25. A 50-day SMA is recorded $99.35, while a 200-day SMA reached $65.14. Nevertheless, trading volume fell to 3.84 million shares from 4.7 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 106.90, which, if violated, would cause prices to drop to 105.54. In the upper region, resistance lies at 109.24. The next price resistance is at 110.21. RSI (Relative Strength Index) is 60.12 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.72, which suggests the price will decrease in the coming days. Percent R is at 46.63%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
