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LATAM Airlines Announces Potential Secondary Share Sale

Story Highlights
  • LATAM Airlines plans a second secondary share sale under a registration rights agreement.
  • The sale will occur in the U.S. and other jurisdictions, pending market conditions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
LATAM Airlines Announces Potential Secondary Share Sale

Confident Investing Starts Here:

LATAM Airlines Group SA Sponsored ADR ( (LTM) ) just unveiled an announcement.

On June 16, 2025, LATAM Airlines Group S.A. announced a request from certain shareholders for a second secondary sale of shares under a registration rights agreement. This sale, which is contingent on market conditions, will be conducted in the United States and other jurisdictions outside Chile. The shareholders have the discretion to determine the timing and size of the sale, and the company is complying with U.S. regulations by filing necessary documents with the Securities and Exchange Commission.

The most recent analyst rating on (LTM) stock is a Buy with a $38.00 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’ strong financial performance, marked by robust profit margins and cash flow, is a major strength, countered by high debt reliance. Technical indicators show bullish trends but caution due to overbought signals. The valuation is reasonable, adding stability to the stock’s appeal.

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 prominent player in the airline industry, providing passenger and cargo air transportation services. The company operates primarily in Latin America, with a strong market presence in countries such as Chile, Brazil, and Argentina.

Average Trading Volume: 512,252

Technical Sentiment Signal: Strong Buy

Current Market Cap: $11.58B

For detailed information about LTM stock, go to TipRanks’ Stock Analysis page.

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