American Century Companies Inc. Has $662,000 Stock Holdings in AerSale Corporation $ASLE

American Century Companies Inc. increased its holdings in shares of AerSale Corporation (NASDAQ:ASLE) by 87.4% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 88,404 shares of the company’s stock after purchasing an additional 41,231 shares during the period. American Century Companies Inc. owned approximately 0.19% of AerSale worth $662,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in ASLE. GAMMA Investing LLC raised its holdings in AerSale by 3,427.5% in the 1st quarter. GAMMA Investing LLC now owns 4,621 shares of the company’s stock valued at $35,000 after acquiring an additional 4,490 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its position in AerSale by 37.8% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 5,536 shares of the company’s stock worth $41,000 after acquiring an additional 1,519 shares during the last quarter. SBI Securities Co. Ltd. boosted its position in AerSale by 85.4% in the 1st quarter. SBI Securities Co. Ltd. now owns 6,732 shares of the company’s stock valued at $50,000 after buying an additional 3,100 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in AerSale by 25.1% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 13,277 shares of the company’s stock valued at $84,000 after buying an additional 2,665 shares during the last quarter. Finally, Hsbc Holdings PLC bought a new position in AerSale in the 4th quarter valued at $92,000. Institutional investors and hedge funds own 69.48% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on ASLE. Wall Street Zen raised AerSale from a “sell” rating to a “strong-buy” rating in a research note on Saturday, August 9th. Truist Financial downgraded AerSale from a “buy” rating to a “hold” rating and lowered their target price for the company from $8.00 to $6.00 in a research report on Friday, July 11th. Finally, Royal Bank Of Canada boosted their price objective on AerSale from $7.00 to $8.00 and gave the stock a “sector perform” rating in a report on Thursday, August 7th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $7.00.

AerSale Stock Performance

NASDAQ ASLE opened at $8.59 on Friday. The company has a quick ratio of 0.82, a current ratio of 3.87 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $405.28 million, a price-to-earnings ratio of 61.36 and a beta of 0.27. The stock has a fifty day simple moving average of $7.14 and a 200 day simple moving average of $6.92. AerSale Corporation has a twelve month low of $4.53 and a twelve month high of $9.12.

About AerSale

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).