Edward Shapiro Is The of United Airlines Holdings, Inc. (NASDAQ:UAL) And They Just Spent US$820k On Shares

United Airlines Holdings, Inc. (NASDAQ:UAL) shareholders (or potential shareholders) will be happy to see that the , Edward Shapiro, recently bought a whopping US$820k worth of stock, at a price of US$82.00. While that only increased their holding size by 5.8%, it is still a big swing by our standards.

View our latest analysis for United Airlines Holdings

United Airlines Holdings Insider Transactions Over The Last Year

Notably, that recent purchase by insider Edward Shapiro was not the only time they bought United Airlines Holdings shares this year. They previously made an even bigger purchase of US$2.8m worth of shares at a price of US$92.92 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$83.89). It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares is very important. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. The only individual insider to buy over the last year was Edward Shapiro.

Edward Shapiro purchased 55000 shares over the year. The average price per share was US$89.42. You can see a visual depiction of insider transactions (by individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

Does United Airlines Holdings Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. United Airlines Holdings insiders own about US$83m worth of shares. That equates to 0.4% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About United Airlines Holdings Insiders?

The recent insider purchase is heartening. And an analysis of the transactions over the last year also gives us confidence. When combined with notable insider ownership, these factors suggest United Airlines Holdings insiders are well aligned, and that they may think the share price is too low. Of course, the future is what matters most. So if you are interested in United Airlines Holdings, you should check out this free report on analyst forecasts for the company.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.