SoFi CEO enters prepaid forward contract on 1.5 million shares
Director Sarah Feinberg recently purchased shares of Southwest Airlines Co (NYSE:LUV), a prominent player in the passenger airlines industry with a market capitalization of $15.48 billion, according to a Form 4 filing with the Securities and Exchange Commission. The company currently offers a 2.42% dividend yield and maintains a FAIR financial health rating according to InvestingPro analysis.
On August 5, 2025, Feinberg acquired 1,500 shares of Southwest Airlines common stock in two separate transactions. The purchases were made at prices ranging from $30.005 to $30.006, totaling $45,007. Following these transactions, Feinberg directly owns 14,229 shares of the company’s common stock. She also indirectly owns 268 shares through a domestic partner. This insider purchase aligns with broader management share buyback activity, and the stock currently trades below InvestingPro’s Fair Value estimate, though at a relatively high earnings multiple.
In other recent news, Southwest Airlines reported second-quarter earnings that missed analyst expectations. The company posted a net income of $213 million, or $0.39 per diluted share, which fell short of the anticipated $0.51 per share. Revenue for the quarter was $7.24 billion, slightly below the consensus estimate of $7.29 billion and a 1.5% decrease compared to the same period last year. In addition to the earnings report, Southwest Airlines declared a quarterly cash dividend of $0.18 per share, payable on September 24, 2025, to shareholders of record as of September 3, 2025.
Raymond (NSE:RYMD) James raised its price target for Southwest Airlines to $42, maintaining an Outperform rating, citing the airline’s ongoing initiatives despite a lack of full demand recovery in the industry. The firm highlighted that Southwest’s insights on demand inflection and timing align with industry peers. Additionally, Doug Brooks was appointed as the new independent Chair of the Board, effective August 1, 2025, replacing Rakesh Gangwal, who will continue to serve on the board in other capacities. These developments are part of Southwest Airlines’ recent activities.
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