Andres Borrego, Director at Grupo Aeromexico, S.A.B. de C.V. (AERO), bought 7,700 shares at $15.83 ($122K) on 2026-08-03, disclosed to the SEC on 2026-08-04.
Director Andres Borrego purchased 7,700 shares of Grupo Aeromexico for $121,892 on August 3, 2026, marking the largest insider purchase in the company's history. This significant buyback suggests insider confidence in the stock's value, particularly given the recent analyst upgrades and the company's strong Q2 revenue performance.
The stock is trading at $16.19, up 4.25% over the last 5 days but down 7.49% over the last 30 days. It remains 29.76% below its 52-week high of $23.05, trading at a forward P/E of 7.84.
1) Zacks Rank #1 (Strong Buy) List addition on August 13, 2026; 2) Q2 2026 earnings call on July 14, 2026, which reported record revenue; 3) Jefferies initiated coverage with a Hold rating and $20 price target on June 18, 2026.
1) Elevated jet fuel prices and temporary domestic demand slowdown tied to World Cup travel patterns, as noted in the Q2 2026 earnings call on July 14, 2026; 2) The stock is down 32.3% year-to-date, as reported in Simply Wall St. analysis on April 28, 2026.
Something here stands out, but not much.