Gol Linhas Aereas Inteligentes SA (NYSE:GOL) Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC increased its stake in shares of Gol Linhas Aereas Inteligentes SA (NYSE:GOL) by 9,511.4% during the 3rd quarter, Holdings Channel reports. The fund owned 961,622 shares of the transportation company’s stock after purchasing an additional 951,617 shares during the quarter. SG Americas Securities LLC’s holdings in Gol Linhas Aereas Inteligentes were worth $14,876,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Verition Fund Management LLC acquired a new position in Gol Linhas Aereas Inteligentes during the 2nd quarter worth approximately $242,000. Ladenburg Thalmann Financial Services Inc. increased its position in Gol Linhas Aereas Inteligentes by 12.7% during the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 5,405 shares of the transportation company’s stock worth $91,000 after purchasing an additional 610 shares during the period. Voloridge Investment Management LLC acquired a new position in Gol Linhas Aereas Inteligentes during the 2nd quarter worth approximately $879,000. Jane Street Group LLC increased its position in Gol Linhas Aereas Inteligentes by 25.1% during the 2nd quarter. Jane Street Group LLC now owns 39,087 shares of the transportation company’s stock worth $663,000 after purchasing an additional 7,843 shares during the period. Finally, Cubist Systematic Strategies LLC increased its position in Gol Linhas Aereas Inteligentes by 92.2% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 102,097 shares of the transportation company’s stock worth $1,723,000 after purchasing an additional 48,973 shares during the period. 2.48% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities research analysts recently weighed in on GOL shares. Buckingham Research upgraded Gol Linhas Aereas Inteligentes from a “neutral” rating to a “buy” rating and upped their price target for the stock from $19.00 to $24.00 in a report on Monday, October 28th. ValuEngine cut Gol Linhas Aereas Inteligentes from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $17.95.

Shares of GOL traded down $1.05 on Friday, reaching $16.20. The stock had a trading volume of 1,037,900 shares, compared to its average volume of 1,068,360. The firm has a market capitalization of $3.03 billion, a PE ratio of -115.71 and a beta of -0.11. The firm has a 50-day moving average of $16.88 and a 200 day moving average of $16.44. Gol Linhas Aereas Inteligentes SA has a twelve month low of $9.36 and a twelve month high of $23.30.

Gol Linhas Aereas Inteligentes Profile

GOL Linhas Aéreas Inteligentes SA provides air passenger transportation services in Brazil and rest of South America, the Caribbean, and the United States. The company operates through Flight Transportation and Smiles Loyalty Program segments. It also offers cargo transportation and logistics services.

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Institutional Ownership by Quarter for Gol Linhas Aereas Inteligentes (NYSE:GOL)

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