AerSale Co. (NASDAQ:ASLE) Stock Holdings Lessened by Jane Street Group LLC

Jane Street Group LLC cut its stake in shares of AerSale Co. (NASDAQ:ASLE) by 75.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,921 shares of the company’s stock after selling 39,334 shares during the quarter. Jane Street Group LLC’s holdings in AerSale were worth $81,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. SG Americas Securities LLC lifted its holdings in shares of AerSale by 46.4% during the fourth quarter. SG Americas Securities LLC now owns 17,073 shares of the company’s stock valued at $108,000 after purchasing an additional 5,408 shares during the last quarter. Spire Wealth Management acquired a new stake in AerSale during the 4th quarter worth about $27,000. Bleakley Financial Group LLC acquired a new stake in AerSale during the 4th quarter worth about $86,000. Peapod Lane Capital LLC purchased a new stake in AerSale during the fourth quarter valued at about $2,499,000. Finally, Bfsg LLC acquired a new position in shares of AerSale in the fourth quarter worth about $68,000. 69.48% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on ASLE shares. Royal Bank of Canada cut their price target on shares of AerSale from $8.00 to $7.00 and set a “sector perform” rating on the stock in a report on Thursday, May 8th. Wall Street Zen cut shares of AerSale from a “hold” rating to a “sell” rating in a research report on Thursday, May 22nd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat, AerSale currently has an average rating of “Hold” and an average price target of $8.67.

AerSale Price Performance

NASDAQ:ASLE opened at $5.83 on Monday. AerSale Co. has a fifty-two week low of $4.53 and a fifty-two week high of $8.76. The stock’s 50-day moving average is $6.54 and its two-hundred day moving average is $6.74. The stock has a market cap of $273.19 million, a PE ratio of 583.58 and a beta of 0.23.

AerSale Company Profile

AerSale Corporation provides aftermarket commercial aircraft, engines, and its parts to passenger and cargo airlines, leasing companies, original equipment manufacturers, and government and defense contractors, as well as maintenance, repair, and overhaul (MRO) service providers worldwide. It operates in two segments, Asset Management Solutions and Technical Operations (TechOps).