AerSale Co. (NASDAQ:ASLE) Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC lifted its stake in shares of AerSale Co. (NASDAQ:ASLE) by 46.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 17,073 shares of the company’s stock after purchasing an additional 5,408 shares during the quarter. SG Americas Securities LLC’s holdings in AerSale were worth $108,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Geode Capital Management LLC grew its stake in shares of AerSale by 1.5% during the 3rd quarter. Geode Capital Management LLC now owns 762,669 shares of the company’s stock worth $3,852,000 after purchasing an additional 11,304 shares during the period. State Street Corp grew its stake in AerSale by 1.1% in the 3rd quarter. State Street Corp now owns 660,553 shares of the company’s stock valued at $3,336,000 after acquiring an additional 7,036 shares during the last quarter. Meros Investment Management LP grew its stake in AerSale by 38.4% in the 3rd quarter. Meros Investment Management LP now owns 449,631 shares of the company’s stock valued at $2,271,000 after acquiring an additional 124,669 shares during the last quarter. GSA Capital Partners LLP grew its stake in AerSale by 47.8% in the 3rd quarter. GSA Capital Partners LLP now owns 219,082 shares of the company’s stock valued at $1,106,000 after acquiring an additional 70,887 shares during the last quarter. Finally, Raffles Associates LP grew its stake in AerSale by 15.0% in the 3rd quarter. Raffles Associates LP now owns 115,000 shares of the company’s stock valued at $581,000 after acquiring an additional 15,000 shares during the last quarter. 69.48% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. TD Cowen raised shares of AerSale to a “hold” rating in a research note on Thursday, December 19th. Truist Financial lowered their price objective on shares of AerSale from $10.00 to $8.00 and set a “buy” rating on the stock in a research note on Friday, October 18th.

AerSale Price Performance

Shares of NASDAQ ASLE opened at $7.11 on Thursday. The company has a market cap of $378.33 million, a PE ratio of 711.71 and a beta of 0.28. AerSale Co. has a 12 month low of $4.53 and a 12 month high of $9.79. The company has a 50-day simple moving average of $6.45 and a 200-day simple moving average of $5.79.

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).