Barclays PLC Acquires 31,996 Shares of AerSale Co. (NASDAQ:ASLE)

Barclays PLC grew its holdings in AerSale Co. (NASDAQ:ASLE) by 266.5% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 44,003 shares of the company’s stock after acquiring an additional 31,996 shares during the quarter. Barclays PLC owned 0.08% of AerSale worth $222,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. nVerses Capital LLC boosted its position in shares of AerSale by 75.0% in the third quarter. nVerses Capital LLC now owns 4,900 shares of the company’s stock valued at $25,000 after acquiring an additional 2,100 shares during the period. SG Americas Securities LLC bought a new stake in shares of AerSale in the third quarter valued at about $59,000. The Manufacturers Life Insurance Company boosted its position in shares of AerSale by 33.6% in the second quarter. The Manufacturers Life Insurance Company now owns 14,027 shares of the company’s stock valued at $97,000 after acquiring an additional 3,531 shares during the period. Jacobs Levy Equity Management Inc. lifted its position in AerSale by 162.6% during the third quarter. Jacobs Levy Equity Management Inc. now owns 35,449 shares of the company’s stock worth $179,000 after purchasing an additional 21,952 shares during the period. Finally, XTX Topco Ltd grew its stake in AerSale by 81.9% during the second quarter. XTX Topco Ltd now owns 36,282 shares of the company’s stock worth $251,000 after buying an additional 16,333 shares in the last quarter. Institutional investors own 69.48% of the company’s stock.

AerSale Trading Up 3.1 %

ASLE opened at $6.75 on Wednesday. The company’s 50 day moving average is $6.24 and its 200-day moving average is $5.79. AerSale Co. has a 1-year low of $4.53 and a 1-year high of $10.85. The company has a market cap of $359.17 million, a P/E ratio of 675.68 and a beta of 0.27.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on ASLE shares. Truist Financial reduced 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. TD Cowen upgraded shares of AerSale to a “hold” rating in a research note on Thursday, December 19th.

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).