American Airlines Group Inc’s filing revealed that its SVP Corporate Controller Owens Angela unloaded Company’s shares for reported $0.89 million on Jan 27 ’25. In the deal valued at $17.15 per share,51,906 shares were sold. As a result of this transaction, Owens Angela now holds 112,412 shares worth roughly $1.9 million.
Then, Owens Angela bought 51,906 shares, generating $890,311 in total proceeds.
Before that, Isom Robert D Jr sold 102,441 shares. American Airlines Group Inc shares valued at $1,763,512 were divested by the CEO and President at a price of $17.21 per share. As a result of the transaction, Isom Robert D Jr now holds 2,967,984 shares, worth roughly $50.22 million.
BofA Securities upgraded its American Airlines Group Inc [AAL] rating to a Neutral from a an Underperform in a research note published on January 17, 2025; the price target was increased to $20 from $12. A number of analysts have revised their coverage, including TD Cowen’s analysts, who increased its forecast for the stock in early January from “a Hold” to “a Buy”. Melius also remained covering AAL and has increased its forecast on January 06, 2025 with a “Buy” recommendation from previously “Hold” rating. Jefferies revised its rating on January 06, 2025. It rated AAL as “a Buy” which previously was an “a Hold”.
Price Performance Review of AAL
On Friday, American Airlines Group Inc [NASDAQ:AAL] saw its stock jump 0.12% to $16.92. Over the last five days, the stock has lost -0.24%. American Airlines Group Inc shares have fallen nearly -2.93% since the year began. Nevertheless, the stocks have risen 16.45% over the past one year. While a 52-week high of $19.10 was reached on 01/22/25, a 52-week low of $9.07 was recorded on 01/03/25. SMA at 50 days reached $16.71, while 200 days put it at $13.12.
Levels Of Support And Resistance For AAL Stock
The 24-hour chart illustrates a support level at 16.81, which if violated will result in even more drops to 16.70. On the upside, there is a resistance level at 17.13. A further resistance level may holdings at 17.34. The Relative Strength Index (RSI) on the 14-day chart is 45.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.61, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.49%. Stochastics %K at 19.61% indicates the stock is a buying.
How much short interest is there in American Airlines Group Inc?
A steep rise in short interest was recorded in American Airlines Group Inc stocks on 2024-12-31, dropping by -2.12 million shares to a total of 45.32 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 47.43 million shares. There was a decline of -4.67%, which implies that there is a negative sentiment for the stock.