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LATAM Airlines Announces Third Secondary ADR Sale

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LATAM Airlines Announces Third Secondary ADR Sale

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LATAM Airlines Group SA Sponsored ADR ( (LTM) ) has issued an announcement.

On August 13, 2025, LATAM Airlines Group S.A. announced a significant financial maneuver involving the third secondary sale of its American Depositary Receipts (ADRs). The sale, agreed upon by shareholders and underwritten by Barclays Capital Inc. and J.P. Morgan Securities LLC, involves 18,000,000 ADRs priced at US$42.60 each, with payment scheduled for August 18, 2025. This move is expected to impact the company’s market positioning and shareholder value, with major stakeholders like Sixth Street Partners and Strategic Value Partners participating in the sale.

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 prominent player in the aviation industry, primarily offering air transportation services across Latin America and beyond. The company focuses on passenger and cargo transport, serving a diverse market that includes both regional and international destinations.

Average Trading Volume: 652,872

Technical Sentiment Signal: Strong Buy

Current Market Cap: $13.11B

See more data about LTM stock on TipRanks’ Stock Analysis page.

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