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United Airlines Falls as Insider Sales and Fuel-Cost Worries Weigh on Shares

Investivoq PriceTracker

United Airlines Holdings (UAL) is down 3.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely pressure points appear to be a mix of recent insider selling and renewed concern about fuel costs across the airline group. There does not appear to be a major fresh company-specific negative announcement today, so this could be because traders are reacting to those factors while locking in gains after the stock’s recent strength.

Details:

  • A Form 4 filed with the SEC on November 10 shows Chief Executive Officer Scott Kirby sold 90,367 shares at a weighted average price of $119.79.
  • United’s investor relations site shows several recent insider ownership filings in early November, which can sometimes create near-term selling pressure even when they are routine transactions.
  • Broader market coverage on November 12 highlighted sharp swings in oil prices, and higher crude prices are typically viewed as a headwind for airlines because fuel is a major operating cost.
  • United’s most recent quarterly filing and investor update were released in late October, so today’s decline looks more tied to market interpretation and sector pressures than to a new operating update from the company.

    • Sources:

    SEC, AP News, United Airlines Investor Relations

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $UAL Insider Trading Activity

    UAL Insider Trades

    $UAL insiders have traded $UAL stock on the open market 17 times in the past 6 months. Of those trades, 0 have been purchases and 17 have been sales.

    Here’s a breakdown of recent trading of $UAL stock by insiders over the last 6 months:

    • J SCOTT KIRBY (Chief Executive Officer) has made 0 purchases and 4 sales selling 299,069 shares for an estimated $35,621,467.
    • KATE GEBO (EVP HR and Labor Relations) has made 0 purchases and 4 sales selling 80,000 shares for an estimated $8,999,617.
    • BRETT J HART (President) has made 0 purchases and 2 sales selling 69,108 shares for an estimated $7,639,157.
    • MICHAEL D. LESKINEN (EVP & Chief Financial Officer) has made 0 purchases and 2 sales selling 24,711 shares for an estimated $2,938,211.
    • TORBJORN J ENQVIST (EVP & Chief Operations Officer) sold 20,000 shares for an estimated $2,398,200
    • ANDREW P NOCELLA (EVP & Chief Commercial Officer) has made 0 purchases and 4 sales selling 19,700 shares for an estimated $2,383,491.

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

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    $UAL Hedge Fund Activity

    We have seen 579 institutional investors add shares of $UAL stock to their portfolio, and 476 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • JPMORGAN CHASE & CO added 2,633,633 shares (+72.7%) to their portfolio in Q3 2026, for an estimated $292,201,581
    • SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 2,158,857 shares (+inf%) to their portfolio in Q2 2026, for an estimated $293,582,963
    • D. E. SHAW & CO., INC. added 1,861,577 shares (+627.7%) to their portfolio in Q2 2026, for an estimated $253,155,856
    • CAPITAL RESEARCH GLOBAL INVESTORS added 1,560,682 shares (+120.2%) to their portfolio in Q2 2026, for an estimated $212,237,145
    • BLACKROCK, INC. added 1,544,993 shares (+7.4%) to their portfolio in Q2 2026, for an estimated $210,103,598
    • JANE STREET GROUP, LLC added 1,443,920 shares (+205.2%) to their portfolio in Q2 2026, for an estimated $196,358,680
    • HOLOCENE ADVISORS, LP added 1,320,123 shares (+inf%) to their portfolio in Q2 2026, for an estimated $179,523,526

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $UAL Government Contracts

    We have seen $8,337,037 of award payments to $UAL over the last year.

    Here are some of the awards which we have have seen pay out the most over the last year:

    • OPERATION EPIC FURY. MM0294 - CLASS I DRY AND FROZEN PRODUCTS (LA MIRADA, CA TO DIEGO GARCIA): $5,565,166
    • CIVIL RESERVE AIR FLEET - AIR TRANSPORTATION SERVICES: $332,420
    • DOMESTIC CHARTER - AIR TRANSPORTATION SERVICES: $154,000

    To track government contracts to publicy traded companies, check out Investivoq's government contracts dashboard. You can access data on government contracts through the Investivoq API government contracts endpoint.

    $UAL Price Targets

    Multiple analysts have issued price targets for $UAL recently. We have seen 12 analysts offer price targets for $UAL in the last 6 months, with a median target of $163.5.

    Here are some recent targets:

    • Christopher Stathoulopoulos from Susquehanna set a target price of $172.0 on 07/07/2026
    • Ravi Shanker from Morgan Stanley set a target price of $185.0 on 07/06/2026
    • Catherine O'Brien from Goldman Sachs set a target price of $162.0 on 07/02/2026
    • Tom Fitzgerald from TD Cowen set a target price of $176.0 on 07/02/2026
    • Michael Goldie from BMO Capital set a target price of $157.5 on 07/02/2026
    • David Vernon from Bernstein set a target price of $153.0 on 07/01/2026
    • Andrew Didora from B of A Securities set a target price of $150.0 on 07/01/2026

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.