The CEO of United Continental is Exercising Options


Today, the CEO of United Continental, Oscar Munoz, exercised options of United Continental for $93.48K. The options were close to expired and Oscar Munoz retained stocks.

Following this transaction Oscar Munoz’s holding in the company was increased by 3.97% to a total of $13.57 million.

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Based on United Continental’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $9.03 billion and quarterly net profit of $147 million. In comparison, last year the company earned revenue of $8.42 billion and had a net profit of $96 million. UAL’s market cap is $18.39B and the company has a P/E ratio of 9.03. Currently, United Continental has an average volume of 2.69M.

23 different firms, including Atlantic Equities and Avondale, currently also have a Buy rating on the stock. Based on 8 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $88.83, reflecting a -25.7% downside.

The insider sentiment on United Continental has been positive according to 36 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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United Continental Holdings, Inc. engages in the operation of its wholly-owned subsidiary United Airlines, Inc, which offers satellite based Wi-Fi, including on long-haul overseas routes. It operates through the following geographical segments: Domestic (U.S. and Canada); Pacific; Atlantic; and Latin America.

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