Insider Sale at United Airlines Holdings Inc (UAL): EVP & COO Torbjorn Enqvist Sells 14,500 Shares

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On October 17, 2024, Torbjorn Enqvist, Executive Vice President & Chief Operating Officer of United Airlines Holdings Inc (UAL, Financial), sold 14,500 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 30,427 shares of United Airlines Holdings Inc.

United Airlines Holdings Inc operates as a major American airline headquartered in Chicago, Illinois. It is known for its extensive domestic and international route network and is a founding member of the Star Alliance, the world's largest airline alliance.

The shares were sold at a price of $72 each. This sale has occurred when the stock has a market cap of approximately $24.34 billion, with a price-earnings ratio of 8.93, which is below the industry median of 14.2.

According to the GF Value assessment, the stock is currently modestly overvalued with a price-to-GF-Value ratio of 1.27, based on a GF Value of $56.82. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.

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Over the past year, there has been a total of 1 insider buy and 2 insider sells at United Airlines Holdings Inc. The insider, Torbjorn Enqvist, has sold a total of 14,500 shares and has not made any purchases in the same period.

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This insider activity occurs amidst a backdrop where the stock is trading above its GF Value, suggesting a cautious approach for potential investors considering the current valuation metrics such as the price-to-free cash flow, price-sales ratio, and price-book ratio.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.