Insider Sales at American Airlines Group (AAL) Extends the Selling Trend of Last Quarter

Tuesday, January 30, 2018 10:15 PM ET

Insider Sales at American Airlines Group (AAL) Extends the Selling Trend of Last Quarter

SEC filings today reported notable insider sales of American Airlines Group shares as two insiders — Richard C Kraemer, Director, and Derek J Kerr, Officer — sold 42,662 shares in the company having a market value of approximately $2,251,190. In the past 90 days prior to this transaction there was one insider buy/sell transaction which resulted in the sale of 4,229 shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 46,891 shares and have averaged 15,630 shares per transaction over this time period.

The number of insider buy/sell trades at American Airlines Group is above that of the 5 peer company average over the last 90-day period. The Regional Airlines peer group saw 6 buy/sell trades during this period for an average of 1.2 transactions per company. However, the number of shares traded per transaction by American Airlines Group insiders is lower than its peers. Within the peer group there were 0 shares purchased and 239,855 shares sold with company insiders disposing of 39,976 shares on average over this time period.

Insider buying and selling activity that is significant has been determined by eliminating all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers in composing and writing this story.

Today’s Insider Activity
* Richard C Kraemer, Director, sold 3,000 shares
* Derek J Kerr, Officer, sold 39,662 shares

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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