Jane Street Group LLC Decreases Holdings in AerSale Co. (NASDAQ:ASLE)

Jane Street Group LLC decreased its position in shares of AerSale Co. (NASDAQ:ASLE) by 40.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 52,255 shares of the company’s stock after selling 35,265 shares during the period. Jane Street Group LLC’s holdings in AerSale were worth $264,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. nVerses Capital LLC raised its holdings in shares of AerSale by 75.0% in the third quarter. nVerses Capital LLC now owns 4,900 shares of the company’s stock worth $25,000 after buying an additional 2,100 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of AerSale during the third quarter worth $59,000. The Manufacturers Life Insurance Company raised its holdings in shares of AerSale by 33.6% during the second quarter. The Manufacturers Life Insurance Company now owns 14,027 shares of the company’s stock worth $97,000 after purchasing an additional 3,531 shares during the last quarter. Jacobs Levy Equity Management Inc. raised its holdings in shares of 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 last quarter. Finally, XTX Topco Ltd raised its holdings in shares of 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 purchasing an additional 16,333 shares during the last quarter. Hedge funds and other institutional investors own 69.48% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on ASLE shares. Truist Financial reduced their target price on shares of AerSale from $10.00 to $8.00 and set a “buy” rating for the company in a report on Friday, October 18th. TD Cowen raised shares of AerSale to a “hold” rating in a report on Thursday, December 19th.

AerSale Stock Performance

ASLE stock opened at $6.30 on Friday. The firm has a market cap of $335.23 million, a PE ratio of 630.63 and a beta of 0.27. The firm’s fifty day moving average is $6.12 and its 200 day moving average is $5.81. AerSale Co. has a one year low of $4.53 and a one year high of $11.54.

AerSale 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).