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Copa Holdings, S.A. (CPA)

USD149.74 +2.42 (+1.64%)
PA NYSE Industrials Airlines, Airports & Air Services
Address Costa del Este 0816-06819
Panama City, PA
CEO Pedro Heilbron
IPO 2005-12-14
CIK 1345105 ISIN PAP310761054

Explore sections of this company profile

Description

Copa Holdings, S.A., through its subsidiaries, provides airline passenger, and cargo and mail transportation services in North America, South America, Central America, and the Caribbean. As of December 31, 2025, it operated through a fleet of 125 aircraft. The company was founded in 1947 and is based in Panama City, Panama.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD149.74 +2.42 (+1.64%)
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Volume Profile
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Liquidity & share structure
Average Volume
420.0K
Beta
0.99
Float Shares
40.92M
Free Float %
99.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-4.38% +1.01% +2.06% -8.02% +1.37% +6.27% +22.80% +21.64% +61.28% +138.86% +428.54%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (30 ratings, all time) Buy
Price Targets & DCF
Current price
149.74
Low 156.00 +4.2%
Consensus 179.17 +19.7%
Median 184.50 +23.2%
High 190.00 +26.9%
DCF (Unlevered) 174.00 +16.2%
DCF (Levered) 17.05 -88.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 87% Bullish
Rating 2026-05 Change
Strong Buy 4 0
Buy 9 0
Hold 2 -1
Sell 0 0
Strong Sell 0 0
Price Target Summary
Period # Analysts Avg Target
Last Month 2
165.50
+10.5%
Last Quarter 3
172.00
+14.9%
Last Year 10
173.50
+15.9%
All Time 20
145.90
-2.6%
Quality scores
Altman Z-Score
2.46
Grey zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
6 / 10
Developing
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
3 / 5
Medium
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Airlines, Airports & Air Services: +6.5%
    +5.0% Q1'26: +17.0% (vs Q1'25)
  • EPS growth Airlines, Airports & Air Services: +12.5%
    +11.9% Q1'26: +20.6% (vs Q1'25)
  • FCF margin FCF growth · Airlines, Airports & Air Services: -2.8%
    +18.6% Q1'26: -5.2% (vs Q1'25)
  • EBIT margin Airlines, Airports & Air Services: +10.3%
    +24.2% Q1'26: +25.9% (vs Q1'25)
  • ROIC Airlines, Airports & Air Services: +6.0%
    +18.9% Q1'26: +23.7% (vs Q1'25)
  • Share dilution Airlines, Airports & Air Services: +0.0%
    -1.3% Q1'26: -0.3% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Airlines, Airports & Air Services: 1.43×
    2.07× Q1'26: 2.21× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.92) × ERP
WACC = 67% × Ke + 33% × Kd (4.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 172.80 Current price: 149.74
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2010
actual
Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
11 Rev. Ana.
6 EPS Ana.
Dec 2027
11 Rev. Ana.
8 EPS Ana.
Dec 2028
6 Rev. Ana.
5 EPS Ana.
Dec 2029
5 Rev. Ana.
1 EPS Ana.
Revenue
1.41B
est: 1.40B (+1.3%)
1.83B
est: 1.47B (+24.7%)
2.25B
est: 2.31B (-2.6%)
2.61B
est: 2.22B (+17.4%)
2.71B
est: 2.40B (+12.6%)
2.25B
est: 2.26B (-0.5%)
2.22B
est: 2.20B (+1.2%)
2.52B
est: 2.52B (+0.1%)
2.68B
est: 2.70B (-0.9%)
2.71B
est: 2.71B (+0.0%)
801.00M
est: 790.85M (+1.3%)
1.51B
est: 1.48B (+2.3%)
2.97B
est: 2.96B (+0.2%)
3.46B
est: 3.49B (-1.0%)
3.45B
est: 3.47B (-0.8%)
3.62B
est: 3.63B (-0.4%)
4.31B
4.13B – 4.54B
+18.7% YoY
4.50B
4.28B – 4.77B
+4.3% YoY
4.92B
4.91B – 4.92B
+9.3% YoY
4.94B
4.68B – 5.23B
+0.5% YoY
EBITDA
352.97M
est: 302.48M (+16.7%)
454.15M
est: 346.93M (+30.9%)
488.36M
est: 472.00M (+3.5%)
635.10M
est: 442.91M (+43.4%)
542.98M
est: 368.16M (+47.5%)
-24.17M
est: -90.30M (+73.2%)
569.12M
est: 352.00M (+61.7%)
615.90M
est: 437.27M (+40.9%)
450.12M
est: 135.89M (+231.2%)
632.95M
est: 208.86M (+203.0%)
-298.40M
est: -761.19M (+60.8%)
370.51M
est: 160.97M (+130.2%)
741.68M
est: 308.18M (+140.7%)
1.08B
est: 1.60B (-32.6%)
1.12B
est: 1.59B (-29.3%)
1.24B
est: 1.66B (-25.3%)
1.97B
1.89B – 2.07B
+18.7% YoY
2.05B
1.96B – 2.18B
+4.3% YoY
2.24B
2.24B – 2.25B
+9.3% YoY
2.25B
2.14B – 2.39B
+0.5% YoY
EBIT
290.00M
est: 341.92M (-15.2%)
378.69M
est: 358.17M (+5.7%)
399.14M
est: 448.64M (-11.0%)
518.75M
est: 441.23M (+17.6%)
427.84M
est: 431.74M (-0.9%)
-159.06M
est: 261.98M (-160.7%)
409.84M
est: 243.78M (+68.1%)
448.58M
est: 418.61M (+7.2%)
173.55M
est: 124.09M (+39.9%)
350.87M
est: 280.38M (+25.1%)
-557.73M
est: -546.87M (-2.0%)
130.56M
est: 275.88M (-52.7%)
473.97M
est: 418.13M (+13.4%)
768.21M
est: 1.39B (-44.6%)
790.28M
est: 1.38B (-42.7%)
874.00M
est: 1.44B (-39.4%)
1.71B
1.64B – 1.80B
+18.7% YoY
1.78B
1.70B – 1.89B
+4.3% YoY
1.95B
1.95B – 1.95B
+9.3% YoY
1.96B
1.86B – 2.08B
+0.5% YoY
Net Income
241.06M
est: 208.91M (+15.4%)
310.43M
est: 252.18M (+23.1%)
326.48M
est: 333.13M (-2.0%)
427.47M
est: 364.49M (+17.3%)
361.67M
est: 309.22M (+17.0%)
-224.97M
est: -154.89M (-45.2%)
334.54M
est: 287.93M (+16.2%)
364.05M
est: 356.77M (+2.0%)
88.20M
est: 60.66M (+45.4%)
247.00M
est: 151.88M (+62.6%)
-607.06M
est: -788.62M (+23.0%)
43.84M
est: 21.35M (+105.3%)
348.05M
est: 343.25M (+1.4%)
514.10M
est: 671.39M (-23.4%)
608.11M
est: 602.77M (+0.9%)
671.65M
est: 707.35M (-5.0%)
675.50M
506.89M – 801.56M
-4.5% YoY
809.22M
719.01M – 931.23M
+19.8% YoY
944.31M
866.51M – 1.09B
+16.7% YoY
1.06B
987.06M – 1.14B
+12.3% YoY
SGA
104.14M
est: 352.06M (-70.4%)
143.31M
est: 329.48M (-56.5%)
174.37M
est: 429.17M (-59.4%)
203.51M
est: 162.09M (+25.6%)
192.88M
est: 162.41M (+18.8%)
176.61M
est: 205.40M (-14.0%)
286.20M
est: 187.10M (+53.0%)
296.34M
est: 324.38M (-8.6%)
333.90M
est: 477.49M (-30.1%)
328.71M
est: 477.92M (-31.2%)
142.37M
est: 244.05M (-41.7%)
217.30M
est: 303.55M (-28.4%)
349.89M
est: 272.22M (+28.5%)
357.83M
est: 388.28M (-7.8%)
345.09M
est: 386.13M (-10.6%)
326.21M
est: 403.76M (-19.2%)
479.26M
458.87M – 504.19M
+18.7% YoY
499.75M
476.06M – 530.21M
+4.3% YoY
546.39M
546.07M – 546.70M
+9.3% YoY
548.87M
519.72M – 581.26M
+0.5% YoY
EPS
5.48
est: 4.24 (+29.2%)
6.98
est: 4.88 (+43.0%)
7.35
est: 7.95 (-7.5%)
9.63
est: 7.79 (+23.6%)
8.15
est: 7.49 (+8.8%)
-5.49
est: 4.83 (-213.7%)
7.63
est: 5.40 (+41.2%)
8.55
est: 8.70 (-1.8%)
2.09
est: 6.89 (-69.7%)
5.84
est: 7.80 (-25.1%)
-14.28
est: -6.19 (-130.5%)
1.03
est: -0.61 (+270.0%)
8.58
est: 8.76 (-2.0%)
12.78
est: 16.21 (-21.2%)
14.55
est: 14.57 (-0.2%)
16.28
est: 16.55 (-1.6%)
15.51
12.29 – 19.43
-6.3% YoY
19.79
17.43 – 22.57
+27.6% YoY
23.43
21.00 – 26.37
+18.4% YoY
25.70
23.93 – 27.67
+9.7% YoY
Recent Grade Changes (3M)
Date Firm Previous New Grade Action
2026-05-15 Evercore ISI Group Outperform Outperform Maintain
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-19 A 4/5 3/5 5/5 5/5 2/5 4/5 3/5
2026-05-18 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-05-15 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-05-14 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-05-13 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-05-12 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-05-11 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-05-08 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-05-07 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-05-06 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-05-05 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-05-04 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-05-01 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-04-30 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-04-29 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-04-28 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-04-27 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-04-24 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-04-23 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-04-22 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-04-21 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-04-20 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-04-17 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5
2026-04-16 A- 4/5 3/5 5/5 5/5 1/5 4/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
502.90M
OE per share TTM
12.18
Owner's Yield
9.53%
Maintenance CapEx ratio
106.17%
Maint CapEx / Avg PPE
123.0%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
316
Total invested
3.05B
Insider transactions (90d)
0
Beneficial owners (>5%)
20
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Baillie Gifford & Co (Scottish partnership) 4.74M 11.00% IA SCOTLAND UK 2022-01-18
2 74-2099724 4.38M 14.10% 4.38M 4.38M CO Delaware, U.S.A. 2006-07-07
3 No. of Above Person 3.81M 11.66% 2.23M 2.23M IA Delaware 2010-06-10
4 FMR Corp. 3.37M 11.22% 165.5K 3.37M HC Delaware 2007-02-14
5 04-2683227 2.62M 8.71% 2.33M IA Massachusetts 2007-02-14
6 JPMorgan Chase & Co. 2.39M 7.10% 2.21M 11.8K 2.39M 1.8K HC Delaware 2015-01-27
7 JPMORGAN CHASE & CO.13-2624428 2.38M 7.50% 2.16M 18.2K 2.38M HC Delaware 2022-01-10
8 Abigail P. Johnson 2.34M 7.37% 2.34M IN Delaware 2024-02-09
9 Edward C. Johnson 3d 2.25M 6.73% 2.25M IN United States of America 2015-02-13
10 Tempus Quo Capital Management, LLC 1.91M 5.86% 1.91M 1.91M OO Delaware 2011-02-11
11 Brandes Investment Partners, Inc. 1.80M 5.46% 1.80M CO, OO California 2016-02-03
12 Brandes Worldwide Holdings, L.P. 1.80M 5.46% 1.80M PN, OO Delaware 2016-02-03
13 Charles H. Brandes 1.80M 5.46% 1.80M IN, OO USA 2016-02-03
14 (1) BlackRock, Inc. 1.76M 5.30% 1.56M 1.76M HC Delaware 2014-02-03
15 JPMORGAN CHASE & CO13-2624428 1.70M 5.40% 1.59M 22.8K 1.70M 1.0K HC Delaware 2019-01-18
16 RWC Partners Limited 1.60M 5.13% 1.60M 1.60M PN England 2020-03-05
17 Harding Loevner LP 1.32M 4.20% 1.32M 1.32M IA Delaware, USA. 2021-02-16
18 RWC Asset Advisors (US) LLC 1.22M 3.89% 1.22M 1.22M PN England 2019-05-10
19 RWC Asset Management LLP 373.6K 1.20% 373.6K 373.6K PN England 2019-05-10
20 13-3174112 56.2K 0.20% 6.0K BD York 2007-12-10

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
316
+24 vs prev Q
New positions
49
Closed positions
32
Increased
165
Reduced
99
Put/Call ratio
1.35
Calls held
277.0K
Puts held
373.2K
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 MACQUARIE MANAGEMENT HOLDINGS, INC. 28.8K +28.8K (+100.0%) 3.48B +3.5B (+100.0%) 0.07% +0.070 pp 0.01% +0.005 pp USD120.61 +0.0% 1 qtrs NEW
2 CAPITAL WORLD INVESTORS 4.60M +30.1K (+0.7%) 555.25M +11.8M (+2.2%) 11.19% +0.102 pp 0.08% +0.001 pp USD84.54 +42.7% 21 qtrs
3 BAILLIE GIFFORD & CO 2.75M -18.2K (-0.7%) 331.33M +2.8M (+0.8%) 6.68% -0.027 pp 0.28% +0.032 pp USD83.27 +44.8% 51 qtrs
4 SPRUCEGROVE INVESTMENT MANAGEMENT LTD 1.91M -390.8K (-17.0%) 230.50M -43.0M (-15.7%) 4.65% -0.935 pp 27.78% +5.825 pp USD71.13 +69.6% 40 qtrs
5 JPMORGAN CHASE & CO 1.65M +44.8K (+2.8%) 198.74M +8.3M (+4.3%) 4.01% +0.119 pp 0.01% +0.001 pp USD87.23 +38.3% 51 qtrs
6 DIMENSIONAL FUND ADVISORS LP 1.34M +31.7K (+2.4%) 162.18M +6.2M (+4.0%) 3.27% +0.085 pp 0.03% +0.001 pp USD87.92 +37.2% 51 qtrs
7 FMR LLC 1.32M -15.1K (-1.1%) 159.25M +573.1K (+0.4%) 3.21% -0.028 pp 0.01% 0.000 pp USD84.23 +43.2% 70 qtrs
8 RENAISSANCE TECHNOLOGIES LLC 772.5K -114.9K (-12.9%) 93.17M -12.3M (-11.6%) 1.87% -0.279 pp 0.14% +0.005 pp USD95.37 +26.5% 36 qtrs
9 DRIEHAUS CAPITAL MANAGEMENT LLC 670.7K +16.3K (+2.5%) 80.89M +3.1M (+4.0%) 1.63% +0.039 pp 0.55% -0.008 pp USD117.85 +2.3% 3 qtrs
10 CAPTRUST FINANCIAL ADVISORS 654.8K +12.1K (+1.9%) 78.98M +2.6M (+3.4%) 1.59% +0.029 pp 0.15% -0.006 pp USD91.34 +32.0% 12 qtrs
11 BRANDES INVESTMENT PARTNERS, LP 654.3K +22.1K (+3.5%) 78.91M +3.8M (+5.1%) 1.59% +0.058 pp 0.60% -0.002 pp USD76.19 +58.3% 29 qtrs
12 CLARK CAPITAL MANAGEMENT GROUP, INC. 551.3K +475.0 (+0.1%) 66.49M +1.0M (+1.6%) 1.34% +0.001 pp 0.41% -0.001 pp USD112.28 +7.4% 3 qtrs
13 VONTOBEL HOLDING LTD. 484.9K -5.7K (-1.2%) 58.48M +194.3K (+0.3%) 1.18% -0.011 pp 0.18% +0.008 pp USD95.80 +25.9% 13 qtrs
14 WISHBONE MANAGEMENT, LP 472.5K +— (+0.0%) 56.99M +845.8K (+1.5%) 1.15% +0.003 pp 24.34% -5.848 pp USD93.76 +28.6% 7 qtrs
15 RAYMOND JAMES FINANCIAL INC 467.3K -58.0K (-11.0%) 56.36M -6.1M (-9.7%) 1.14% -0.138 pp 0.02% -0.003 pp USD88.03 +37.0% 5 qtrs
16 WASATCH ADVISORS LP 454.7K -92.9K (-17.0%) 54.84M -10.2M (-15.7%) 1.11% -0.222 pp 0.33% -0.024 pp USD98.95 +21.9% 5 qtrs
17 ARTEMIS INVESTMENT MANAGEMENT LLP 451.8K +58.1K (+14.8%) 54.49M +7.7M (+16.5%) 1.10% +0.144 pp 0.66% +0.076 pp USD115.53 +4.4% 3 qtrs
18 MARATHON ASSET MANAGEMENT LTD 409.6K +35.0K (+9.3%) 49.40M +4.9M (+11.0%) 1.00% +0.087 pp 1.90% +0.263 pp USD79.48 +51.7% 14 qtrs
19 SPX GESTAO DE RECURSOS LTDA 393.5K -13.1K (-3.2%) 47.47M -852.1K (-1.8%) 0.95% -0.032 pp 4.85% +0.833 pp USD100.40 +20.1% 11 qtrs
20 SEI INVESTMENTS CO 334.2K -75.5K (-18.4%) 40.31M -8.4M (-17.2%) 0.81% -0.181 pp 0.04% -0.013 pp USD86.62 +39.2% 45 qtrs
21 TWO SIGMA INVESTMENTS, LP 284.7K +55.6K (+24.3%) 34.34M +7.1M (+26.2%) 0.69% +0.135 pp 0.05% +0.008 pp USD114.64 +5.2% 16 qtrs
22 MORGAN STANLEY 270.0K +5.9K (+2.2%) 32.57M +1.2M (+3.8%) 0.65% +0.014 pp 0.00% +0.000 pp USD90.93 +32.6% 51 qtrs
23 GOLDMAN SACHS GROUP INC 266.5K +23.4K (+9.6%) 32.14M +3.3M (+11.3%) 0.65% +0.057 pp 0.00% +0.000 pp USD89.41 +34.9% 73 qtrs
24 BALYASNY ASSET MANAGEMENT L.P. 258.3K +209.4K (+428.4%) 31.15M +25.3M (+436.4%) 0.63% +0.509 pp 0.04% +0.032 pp USD120.27 +0.3% 4 qtrs
25 ARTISAN PARTNERS LIMITED PARTNERSHIP 253.7K +6.8K (+2.7%) 30.60M +1.3M (+4.3%) 0.62% +0.016 pp 0.05% +0.004 pp USD102.79 +17.3% 8 qtrs
26 CAPE ANN ASSET MANAGEMENT LTD 219.8K +1.8K (+0.8%) 26.51M +607.3K (+2.3%) 0.53% +0.006 pp 7.21% -1.516 pp USD88.15 +36.8% 5 qtrs
27 LETKO, BROSSEAU & ASSOCIATES INC 195.2K +7.5K (+4.0%) 23.54M +1.2M (+5.5%) 0.47% +0.019 pp 0.39% +0.002 pp USD79.08 +52.5% 29 qtrs
28 AMERIPRISE FINANCIAL INC 192.5K +157.3K (+447.5%) 23.20M +19.0M (+455.5%) 0.47% +0.383 pp 0.01% +0.004 pp USD113.48 +6.3% 56 qtrs
29 SUSQUEHANNA INTERNATIONAL GROUP, LLP 175.0K -16.3K (-8.5%) 21.11M -1.6M (-7.1%) 0.42% -0.040 pp 0.00% 0.000 pp USD105.18 +14.7% 51 qtrs
30 CULLEN CAPITAL MANAGEMENT, LLC 163.6K -45.8K (-21.9%) 19.73M -5.2M (-20.7%) 0.40% -0.110 pp 0.22% -0.057 pp USD103.91 +16.1% 20 qtrs
31 MARSHALL WACE, LLP 163.3K +41.9K (+34.5%) 19.70M +5.3M (+36.5%) 0.40% +0.102 pp 0.02% +0.003 pp USD101.17 +19.2% 7 qtrs
32 PAR CAPITAL MANAGEMENT INC 157.2K +9.2K (+6.2%) 18.96M +1.4M (+7.8%) 0.38% +0.023 pp 0.50% -0.014 pp USD115.94 +4.0% 3 qtrs
33 ASSENAGON ASSET MANAGEMENT S.A. 156.0K +156.0K (+100.0%) 18.81M +18.8M (+100.0%) 0.38% +0.379 pp 0.03% +0.026 pp USD120.61 +0.0% 1 qtrs NEW
34 BRANDYWINE GLOBAL INVESTMENT MANAGEMENT, LLC 138.0K +2.1K (+1.5%) 16.64M +495.3K (+3.1%) 0.34% +0.006 pp 0.11% +0.001 pp USD97.15 +24.1% 9 qtrs
35 FOURTH SAIL CAPITAL LP 130.2K +130.2K (+100.0%) 15.70M +15.7M (+100.0%) 0.32% +0.317 pp 2.52% +2.519 pp USD120.61 +0.0% 9 qtrs
36 ITAU UNIBANCO HOLDING S.A. 127.5K +106.5K (+505.0%) 15.33M +12.8M (+512.2%) 0.31% +0.259 pp 0.37% +0.284 pp USD119.83 +0.7% 3 qtrs
37 BANK OF AMERICA CORP /DE/ 124.8K -76.0K (-37.8%) 15.06M -8.8M (-36.9%) 0.30% -0.184 pp 0.00% -0.001 pp USD92.61 +30.2% 52 qtrs
38 CARRHAE CAPITAL LLP 124.7K +124.7K (+100.0%) 15.04M +15.0M (+100.0%) 0.30% +0.303 pp 0.57% +0.569 pp USD120.61 +0.0% 6 qtrs
39 MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. 120.4K +1.6K (+1.3%) 14.53M +403.6K (+2.9%) 0.29% +0.005 pp 0.02% -0.001 pp USD110.24 +9.4% 3 qtrs
40 TWO SIGMA ADVISERS, LP 120.3K +10.0K (+9.1%) 14.51M +1.4M (+10.7%) 0.29% +0.024 pp 0.03% +0.002 pp USD99.73 +20.9% 37 qtrs
41 MILLENNIUM MANAGEMENT LLC 117.9K -335.5K (-74.0%) 14.22M -39.6M (-73.6%) 0.29% -0.813 pp 0.01% -0.017 pp USD94.35 +27.8% 38 qtrs
42 ENVESTNET ASSET MANAGEMENT INC 111.7K +7.0K (+6.7%) 13.47M +1.0M (+8.3%) 0.27% +0.017 pp 0.00% +0.000 pp USD112.71 +7.0% 13 qtrs
43 PICTET ASSET MANAGEMENT HOLDING SA 105.2K -45.1K (-30.0%) 12.69M -5.2M (-28.9%) 0.26% -0.109 pp 0.01% -0.005 pp USD91.75 +31.5% 10 qtrs
44 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 92.9K +— (+0.0%) 11.21M +166.3K (+1.5%) 0.23% +0.000 pp 0.03% 0.000 pp USD93.81 +28.6% 6 qtrs
45 TREK FINANCIAL, LLC 89.2K +13.0K (+17.1%) 10.76M +1.7M (+18.9%) 0.22% +0.032 pp 0.62% +0.085 pp USD100.87 +19.6% 4 qtrs
46 GLOBEFLEX CAPITAL L P 87.3K +4.8K (+5.8%) 10.53M +724.1K (+7.4%) 0.21% +0.012 pp 1.61% +0.102 pp USD89.93 +34.1% 64 qtrs
47 JANNEY MONTGOMERY SCOTT LLC 82.2K +79.5K (+3,004.7%) 9.91M +9.6M (+3,055.4%) 0.20% +0.193 pp 0.02% +0.022 pp USD120.31 +0.2% 3 qtrs
48 PUBLIC SECTOR PENSION INVESTMENT BOARD 79.7K +79.7K (+100.0%) 9.61M +9.6M (+100.0%) 0.19% +0.193 pp 0.03% +0.032 pp USD120.61 +0.0% 1 qtrs NEW
49 KNIGHTS OF COLUMBUS ASSET ADVISORS LLC 76.2K +995.0 (+1.3%) 9.19M +254.6K (+2.9%) 0.19% +0.003 pp 0.52% +0.009 pp USD112.22 +7.5% 3 qtrs
50 QUANTINNO CAPITAL MANAGEMENT LP 73.8K +20.6K (+38.7%) 8.90M +2.6M (+40.8%) 0.18% +0.050 pp 0.02% +0.001 pp USD113.99 +5.8% 10 qtrs
51 INVESCO LTD. 67.8K -26.7K (-28.2%) 8.18M -3.0M (-27.2%) 0.16% -0.065 pp 0.00% -0.001 pp USD105.65 +14.2% 57 qtrs
52 HRT FINANCIAL LP 67.8K +67.8K (+100.0%) 8.18M +8.2M (+100.0%) 0.16% +0.164 pp 0.03% +0.026 pp USD120.61 +0.0% 1 qtrs NEW
53 UBS GROUP AG 67.7K -10.4K (-13.4%) 8.16M -1.1M (-12.1%) 0.16% -0.025 pp 0.00% 0.000 pp USD89.66 +34.5% 45 qtrs
54 APTUS CAPITAL ADVISORS, LLC 65.8K +285.0 (+0.4%) 7.94M +151.7K (+1.9%) 0.16% +0.001 pp 0.06% +0.000 pp USD101.32 +19.0% 8 qtrs
55 CONCURRENT INVESTMENT ADVISORS, LLC 65.7K +65.7K (+100.0%) 7.93M +7.9M (+100.0%) 0.16% +0.160 pp 0.09% +0.090 pp USD120.61 +0.0% 1 qtrs NEW
56 HOSKING PARTNERS LLP 65.4K -787.0 (-1.2%) 7.89M +23.6K (+0.3%) 0.16% -0.002 pp 0.27% -0.017 pp USD70.56 +70.9% 24 qtrs
57 1492 CAPITAL MANAGEMENT LLC 60.8K +1.1K (+1.8%) 7.34M +238.8K (+3.4%) 0.15% +0.003 pp 2.81% -0.061 pp USD69.04 +74.7% 22 qtrs
58 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 58.8K +— (+0.0%) 7.09M +105.3K (+1.5%) 0.14% +0.000 pp 0.04% +0.001 pp USD86.50 +39.4% 45 qtrs
59 CIBC WORLD MARKET INC. 57.8K +4.9K (+9.3%) 6.97M +689.4K (+11.0%) 0.14% +0.012 pp 0.01% +0.000 pp USD111.26 +8.4% 3 qtrs
60 SAGIL CAPITAL LLP 53.9K +53.9K (+100.0%) 6.50M +6.5M (+100.0%) 0.13% +0.131 pp 1.48% +1.480 pp USD120.61 +0.0% 1 qtrs NEW
61 AMUNDI 53.0K -9.1K (-14.6%) 6.39M -1.1M (-14.9%) 0.13% -0.022 pp 0.00% -0.001 pp USD104.91 +15.0% 16 qtrs
62 MARATHON CAPITAL MANAGEMENT 51.6K -19.8K (-27.8%) 6.22M -2.3M (-26.7%) 0.13% -0.048 pp 1.34% -0.603 pp USD87.43 +38.0% 17 qtrs
63 SHELLBACK CAPITAL, LP 50.0K +— (+0.0%) 6.03M +89.6K (+1.5%) 0.12% +0.000 pp 0.58% +0.199 pp USD90.45 +33.3% 23 qtrs
64 RUFFER LLP 48.8K +12.1K (+32.9%) 5.90M +1.5M (+35.1%) 0.12% +0.030 pp 0.27% +0.026 pp USD112.60 +7.1% 5 qtrs
65 ETHIC INC. 47.5K -452.0 (-0.9%) 5.73M +31.4K (+0.6%) 0.12% -0.001 pp 0.09% -0.006 pp USD82.76 +45.7% 20 qtrs
66 CSM ADVISORS, LLC 47.1K +2.4K (+5.2%) 5.69M +365.0K (+6.9%) 0.11% +0.006 pp 0.15% +0.006 pp USD111.52 +8.2% 3 qtrs
67 ABRDN PLC 46.6K -9.7K (-17.2%) 5.62M -1.0M (-15.2%) 0.11% -0.023 pp 0.01% -0.002 pp USD114.42 +5.4% 3 qtrs
68 BRIDGEWATER ASSOCIATES, LP 43.6K -20.1K (-31.5%) 5.26M -2.3M (-30.5%) 0.11% -0.049 pp 0.02% -0.011 pp USD107.11 +12.6% 5 qtrs
69 HSBC HOLDINGS PLC 41.8K -11.8K (-22.0%) 5.06M -1.3M (-20.1%) 0.10% -0.029 pp 0.00% -0.001 pp USD92.30 +30.7% 36 qtrs
70 VIRTUS FAMILY OFFICE LLC 40.2K -143.0 (-0.4%) 4.85M +55.1K (+1.1%) 0.10% 0.000 pp 4.18% -0.308 pp USD106.61 +13.1% 11 qtrs
71 SCHONFELD STRATEGIC ADVISORS LLC 39.9K -81.7K (-67.2%) 4.82M -9.6M (-66.7%) 0.10% -0.198 pp 0.02% -0.061 pp USD109.16 +10.5% 4 qtrs
72 LPL FINANCIAL LLC 39.8K +6.0K (+17.6%) 4.80M +779.0K (+19.4%) 0.10% +0.015 pp 0.00% +0.000 pp USD112.52 +7.2% 11 qtrs
73 EMPIRICAL FINANCE, LLC 38.9K +— (+0.0%) 4.69M +69.5K (+1.5%) 0.09% +0.000 pp 0.22% +0.004 pp USD110.07 +9.6% 3 qtrs
74 DELTEC ASSET MANAGEMENT LLC 37.9K -1.5K (-3.8%) 4.57M -110.4K (-2.4%) 0.09% -0.003 pp 0.76% -0.015 pp USD96.34 +25.2% 76 qtrs
75 VELA INVESTMENT MANAGEMENT, LLC 37.4K +2.1K (+6.0%) 4.51M +318.5K (+7.6%) 0.09% +0.005 pp 1.06% +0.039 pp USD91.68 +31.6% 17 qtrs
76 35.8K +35.8K (+100.0%) 4.31M +4.3M (+100.0%) 0.09% +0.087 pp 0.00% +0.004 pp USD120.61 +0.0% 1 qtrs NEW
77 CARRERA CAPITAL ADVISORS 35.6K -1.1K (-3.1%) 4.29M -70.4K (-1.6%) 0.09% -0.003 pp 0.72% -0.061 pp USD118.82 +1.5% 2 qtrs
78 WELLS FARGO & COMPANY/MN 34.3K +15.3K (+80.4%) 4.14M +1.9M (+83.2%) 0.08% +0.037 pp 0.00% +0.000 pp USD104.89 +15.0% 57 qtrs
79 U S GLOBAL INVESTORS INC 33.7K +356.0 (+1.1%) 4.07M +102.7K (+2.6%) 0.08% +0.001 pp 0.44% -0.012 pp USD88.68 +36.0% 23 qtrs
80 LAZARD ASSET MANAGEMENT LLC 32.5K -11.9K (-26.8%) 3.92M -1.4M (-25.7%) 0.08% -0.029 pp 0.01% -0.001 pp USD111.17 +8.5% 3 qtrs
81 TREXQUANT INVESTMENT LP 29.0K +29.0K (+100.0%) 3.50M +3.5M (+100.0%) 0.07% +0.070 pp 0.03% +0.031 pp USD120.61 +0.0% 1 qtrs NEW
82 STATE OF ALASKA, DEPARTMENT OF REVENUE 28.7K +73.0 (+0.3%) 3.46M +60.0K (+1.8%) 0.07% +0.000 pp 0.04% +0.002 pp USD84.34 +43.0% 16 qtrs
83 CETERA INVESTMENT ADVISERS 26.8K +3.4K (+14.7%) 3.24M +457.5K (+16.5%) 0.07% +0.008 pp 0.00% +0.000 pp USD106.39 +13.4% 5 qtrs
84 CITADEL ADVISORS LLC 25.1K +21.5K (+586.5%) 3.03M +2.6M (+596.9%) 0.06% +0.052 pp 0.00% +0.000 pp USD117.84 +2.4% 52 qtrs
85 QUBE RESEARCH & TECHNOLOGIES LTD 22.7K -18.6K (-45.0%) 2.74M -2.2M (-44.2%) 0.06% -0.045 pp 0.00% -0.002 pp USD117.97 +2.2% 3 qtrs
86 CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. 20.3K +18.3K (+895.7%) 2.45M +2.2M (+910.7%) 0.05% +0.045 pp 0.01% +0.006 pp USD117.92 +2.3% 6 qtrs
87 MCGOWAN GROUP ASSET MANAGEMENT, INC. 20.2K +2.1K (+11.4%) 2.44M +282.0K (+13.1%) 0.05% +0.005 pp 0.30% +0.035 pp USD111.38 +8.3% 3 qtrs
88 PEAK6 LLC 19.7K +19.7K (+100.0%) 2.38M +2.4M (+100.0%) 0.05% +0.048 pp 0.00% +0.004 pp USD120.61 +0.0% 5 qtrs
89 CREDIT AGRICOLE S A 18.8K +— (+0.0%) 2.27M +33.7K (+1.5%) 0.05% +0.000 pp 0.01% -0.001 pp USD118.82 +1.5% 2 qtrs
90 RANGE FINANCIAL GROUP LLC 18.2K +1.8K (+10.7%) 2.19M +241.1K (+12.4%) 0.04% +0.004 pp 0.76% +0.055 pp USD92.27 +30.7% 5 qtrs
91 KESTRA ADVISORY SERVICES, LLC 17.6K +531.0 (+3.1%) 2.13M +94.6K (+4.7%) 0.04% +0.001 pp 0.01% -0.001 pp USD93.79 +28.6% 6 qtrs
92 SILVERCREST ASSET MANAGEMENT GROUP LLC 17.5K +652.0 (+3.9%) 2.11M +108.8K (+5.4%) 0.04% +0.002 pp 0.01% +0.001 pp USD100.84 +19.6% 8 qtrs
93 GSA CAPITAL PARTNERS LLP 17.4K -2.4K (-12.1%) 2.10M -253.0K (-10.8%) 0.04% -0.006 pp 0.18% -0.015 pp USD115.91 +4.1% 18 qtrs
94 PATHSTONE HOLDINGS, LLC 16.5K -511.0 (-3.0%) 1.99M -31.1K (-1.5%) 0.04% -0.001 pp 0.01% +0.000 pp USD91.36 +32.0% 7 qtrs
95 JANE STREET GROUP, LLC 15.8K -36.2K (-69.6%) 1.91M -4.3M (-69.2%) 0.04% -0.088 pp 0.00% -0.001 pp USD106.99 +12.7% 6 qtrs
Ownership breakdown by holder

ETF Ownership

Top ETFs holding this stock Held by 33 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 First Trust WCM Developing World Equity ETF WCME 2.47% 898.5K 0.95%
2 Global X - SuperDividend U.S. ETF DIV 2.06% 15.69M 0.45%
3 Opus Small Cap Value ETF OSCV 1.53% 10.51M 0.79%
4 Global X U.S. Cash Flow Kings 100 ETF FLOW 0.89% 254.8K 0.25%
5 Harbor Human Capital Factor US Small Cap ETF HAPS 0.88% 1.51M 0.61%
6 Lazard US Systematic Small Cap Equity ETF SYZ 0.64% 337.7K 0.74%
7 First Trust Small Cap BuyWrite Income ETF FTKI 0.60% 151.9K 0.86%
8 Burney U.S. Equity Select ETF BRES 0.54% 3.31M 0.79%
9 Capital Group New Geography Equity ETF CGNG 0.50% 13.29M 0.64%
10 U.S. Global Jets ETF JETS 0.48% 4.40M 0.60%

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.00
Bearish
Buys
0
Sells
0
Shares acquired
Shares disposed
Cash buys
Cash sales
Net activity
+0
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2026-04-07 Castaneda Jose Director Class A Common Stock 0 0.00 2,000 D
2026-03-18 Levy Andrew C Director 0 0.00 0
2026-03-18 Heilbron Alvaro Jose Director Class B Common Stock 0 0.00 255,573 I
2026-03-18 GEBO JOHN R Director Class A Common Stock 0 0.00 2,000 D
2026-03-18 Donkersloot Peter Alexander Officer Class A Common Stock 0 0.00 13,239 D
2026-03-18 Arias Makelin Raquel Director Class A Common Stock 0 0.00 1,060 I
2026-03-17 pedro heilbron Officer Class A Common Stock 0 0.00 50,201 D
2026-03-17 Toro Silva Julio Officer Class A Common Stock 0 0.00 11,740 D
2026-03-17 Motta Stanley Alberto Director Class B Common Stock 0 0.00 95,815 I
2026-03-17 Motta Carlos Alberto Director Class B Common Stock 0 0.00 857,986 I
2026-03-17 Gunn Daniel Paul Officer Class A Common Stock 0 0.00 24,720 D
2026-03-17 Giraldo Carlos Mario Director 0 0.00 0
2026-03-17 Carey Robert Etienne Officer Class A Common Stock 0 0.00 13,412 D
2026-03-17 Barahona Karen Arlene Officer Class A Common Stock 0 0.00 1,235 D
2026-03-17 Alvarado Juan Alberto Mr Officer Class A Common Stock 0 0.00 275 D
2009-12-14 Karp David Officer A-Award A Deferred Share Units 80,645 0.00 80,645

Executive team

Top executives
EBIT / Employee
102.0K
Shares Outstanding
41.23M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-18 6-K
2026-05-14 6-K
2026-05-13 SC 13G
2026-05-13 6-K
2026-05-07 SC 13G/A
2026-04-14 6-K
2026-04-13 6-K
2026-04-07 3
2026-04-06 3
2026-03-24 6-K

Executive team

NameTitleCompensationGender
Daniel Paul Gunn Senior Vice-President of Operations male
Eduardo Lombana Chief Executive Officer of AeroRepública, S.A. (Copa Airlines Colombia) male
Julio Toro Vice-President of Technology male
Karen Barahona Vice-President of Human Resources female
Pedro Heilbron Chief Executive Officer & Executive Chairman male
Peter Donkersloot Ponce Chief Financial Officer male
Robert Carey Executive Vice-President male
ESG Rating
B
AIRLINES, AIRPORTS & AIR SERVICES
Rank: 29 out of 31
2026
E (Environmental)
75.7 / 60.9
Company / Sector avg.
S (Social)
68.7 / 58.0
Company / Sector avg.
G (Governance)
65.3 / 64.3
Company / Sector avg.
ESG Total
69.9 / 61.1
Company / Sector avg.
ESG Score History AIRLINES, AIRPORTS & AIR SERVICES
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits