Harford Barney sells United Airlines (UAL) stock worth $2.3m

Published 12/08/2025, 23:18
© Reuters.

Director Barney Harford of United Airlines Holdings (NASDAQ:UAL), currently valued at $31.95 billion with a P/E ratio of 9.72, sold a total of 24,823 shares of common stock for approximately $2.3 million, according to a Form 4 filing with the Securities and Exchange Commission. The stock has delivered an impressive 143% return over the past year. InvestingPro analysis indicates the stock is currently trading near its Fair Value.

The transactions, both sales, occurred in two separate instances. On August 8, 2025, Harford sold 15,823 shares in multiple transactions, with prices ranging from $90.00 to $90.42. The total value of these shares was approximately $1.42 million. Following this transaction, Harford directly owned 89,000 shares.

On August 12, 2025, Harford sold an additional 9,000 shares at $97.7625, totaling approximately $880,000. Following this transaction, Harford directly owned 80,000 shares.

Additionally, the filing indicates that Harford indirectly owns 11,000 shares of United Airlines Holdings common stock through a spouse.

In other recent news, United Airlines Holdings Inc. has been upgraded by S&P Global Ratings to ’BB+’ from ’BB’ due to its strong credit metrics and profitability, even in challenging market conditions. This upgrade reflects United’s steady operating results and stable cash flow amid economic and geopolitical uncertainties. Additionally, United Airlines and JetBlue Airways (NASDAQ:JBLU) Corp have received regulatory approval from the U.S. Department of Transportation for their "Blue Sky" alliance, which will allow loyalty program benefits to be shared across both airlines. However, United Airlines faced a setback as its flight attendants voted to reject a new contract agreement, with 71% of voters opposing the proposal. Analysts at CFRA have raised their price target for United Airlines to $103, maintaining a Buy rating based on the airline’s strong consumer base and premium products. Similarly, Freedom Broker increased its price target to $98, highlighting United’s solid quarterly performance, although revenue growth was slightly below expectations. These developments underscore the dynamic environment in which United Airlines is operating.

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