tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

LATAM Airlines Announces Major ADR Sale with Sixth Street Partners

Story Highlights
LATAM Airlines Announces Major ADR Sale with Sixth Street Partners

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

LATAM Airlines Group SA Sponsored ADR ( (LTM) ) has shared an update.

On September 8, 2025, LATAM Airlines Group S.A. announced a significant financial transaction involving the sale of 7,000,000 American Depositary Receipts (ADRs) at a price of $47.60 per ADR. This transaction, part of the fourth secondary sale under a registration rights agreement, involves the selling shareholder Sixth Street Partners and underwriters Goldman Sachs & Co. LLC and Barclays Capital Inc. The sale is set to be completed with payment on September 10, 2025, potentially impacting the company’s market positioning and shareholder value.

The most recent analyst rating on (LTM) stock is a Buy with a $55.00 price target. To see the full list of analyst forecasts on LATAM Airlines Group SA Sponsored ADR stock, see the LTM Stock Forecast page.

Spark’s Take on LTM Stock

According to Spark, TipRanks’ AI Analyst, LTM is a Outperform.

LATAM Airlines displays robust financial and technical performance, with strong revenue growth and positive market momentum. The stock is fairly valued, though high leverage presents a risk. Continued focus on debt reduction and industry volatility management is crucial for future stability.

To see Spark’s full report on LTM stock, click here.

More about LATAM Airlines Group SA Sponsored ADR

LATAM Airlines Group S.A. is a major player in the airline industry, providing passenger and cargo air transportation services. The company operates primarily in Latin America, serving a wide network of destinations across the continent and beyond.

Average Trading Volume: 1,109,880

Technical Sentiment Signal: Strong Buy

Current Market Cap: $14.47B

For an in-depth examination of LTM stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1