United Airlines Holdings, Inc. (NASDAQ:UAL) Chief Executive Officer J. Scott Kirby sold 90,367 shares of the company's common stock on November 10, 2026, according to a disclosure of the transaction. The shares were sold at prices ranging from $118.25 to $121.62, for a total of approximately $10.8 million. The reported weighted average price for the sales was $119.79 per share.
After the transactions, Kirby directly holds 750,755 shares of United Airlines Holdings common stock. The filing also details additional holdings: 5,000 shares are held in a trust for the benefit of Kirby's children and other relatives, for which Kirby serves as trustee. Kirby disclaims beneficial ownership of these securities except to the extent of his pecuniary interest. A separate trust, holding 8,000 shares for the benefit of Kirby's children, has Kirby's brother as trustee; Kirby also disclaims beneficial ownership of these securities.
The sale comes as United's stock has posted a 4.15% gain over the past week, trading at $120.56 with a market capitalization of $39.17 billion. According to an analysis, the stock currently appears overvalued relative to its Fair Value estimate, placing it among companies on the Most Overvalued list. For deeper insights into UAL's valuation and executive trading patterns, investors can access the comprehensive Pro Research Report, available for this and 1,400+ other US equities.
In other recent news, United Airlines has been in the spotlight with several developments. The airline reported third-quarter earnings per share of $2.54, surpassing the midpoint of its guidance range. Additionally, United Airlines has issued fourth-quarter earnings guidance of $0.50 to $1.50 per share. Jefferies responded to this earnings beat by raising its price target on United Airlines stock to $142, maintaining a Buy rating. However, BMO Capital lowered its price target for United Airlines to $135, citing macroeconomic uncertainty, though it revised its 2027 earnings outlook upwards to $11.31, expecting better revenue performance. Meanwhile, a proposed arrangement between Air Canada and United Airlines has drawn scrutiny from Canada's Competition Bureau, which warns it could harm competition on 10 routes between Canada and the United States. On another note, Bank of America adjusted its forecast for domestic airline capacity growth, with American Airlines reducing its first-quarter 2027 growth projection due to anticipated deceleration at current fuel prices. These developments highlight the dynamic environment in which United Airlines and its peers are operating.