The EVP & CIO of United Continental (NYSE: UAL) is Buying Shares

By George MacDonald

Today, the EVP & CIO of United Continental (NYSE: UAL), Linda Jojo, bought shares of UAL for $121.9k.

Linda Jojo increased his holding by 15.34%. In addition to Linda Jojo, 14 other UAL executives reported Buy trades in the last month.

The company has a one year high of $63.90 and a one year low of $42.17. UAL’s market cap is $17.52B and the company has a P/E ratio of 2.40%. Currently, United Continental has an average volume of 10.25M.

20 different firms, including Avondale and Barclays, 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 $64.36, reflecting a -28.8% downside.

Looking at blogger coverage of UAL, there is a 78% Bullish tendency on the stock, in relation to a 67% average bullish tendency within the Service sector.

Over the last 3 months, the insider sentiment on United Continental has been positive based on 44 corporate insider transactions. This sentiment is slightly higher than the average sector sentiment of insiders.

United Continental Holdings, Inc. is a holding company, its principal, wholly-owned subsidiaries are United Airlines, Inc. The company transport people and cargo through their mainline operations. It offers satellite based Wi-Fi, including on long-haul overseas routes. The company was founded on December 30, 1968 and is headquartered in Chicago, IL.