Also trades as: AZUL54.SA (SAO) · $vol 9325M · AZUL4.SA (SAO) · $vol 275M · AZUL3.SA (SAO) · $vol 0M
AZUL Smart Money
Azul S.A.
1W: -47.1%
1M: -50.4%
3M: -59.6%
YTD: -61.0%
1Y: +24.4%
3Y: -64.6%
5Y: -72.4%
$3.46
-0.59 (-14.57%)
Weekly Expected Move ±10.7%
$5
$5
$6
$7
$7
Credit Risk of going bust: higher than 99% of companies Debt: 86.2% of company value Bonds: none of note held by US funds details ▾
On these numbers the stock market already values Azul S.A. at less than the debt the model counts.
Total debt $4.00B against a stock market value of $637.6M.
Distance to default -1.59 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $1.53B (short-term plus half of long-term), stock volatility 311.1%. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
Total debt $4.00B against a stock market value of $637.6M.
Distance to default -1.59 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $1.53B (short-term plus half of long-term), stock volatility 311.1%. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
Overview
Chart
Smart Money
Financials
Income Statement
Cash Flow
Balance Sheet
Earnings
Analysis
Technicals
Weather
Peers
ESG
Institutions
ETF Exposure
Dark Pool
Short Interest
🏦 Institutional Activity
Latest: Q2 202643
Institutions Holding
+0 vs prior
83.4%
Ownership
+83.39%
42
New
0
Increased
0
Reduced
0
Closed
👔 Insider Trades
10 records| Date | Name | Title | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|---|
| 2026-06-15 | Garcia Antonio Carlos | officer: chief financial officer | A-Grant/Award | 725,836 | $— | $0 | Filing |
| 2026-06-15 | Rodgerson John Peter | officer: ceo (see remarks) | A-Grant/Award | 2,452,149 | $— | $0 | Filing |
| 2026-06-15 | Mariano Ricardo Luiz Temer | officer: controller | A-Grant/Award | 98,086 | $— | $0 | Filing |
| 2026-06-15 | Slattery John S. | officer: member of strategic committee | A-Grant/Award | 588,516 | $— | $0 | Filing |
| 2026-06-15 | Grant James Jason | officer: member of strategy committee | A-Grant/Award | 980,860 | $— | $0 | Filing |
| 2026-06-15 | Tkacz Daniel | officer: chief technical officer | A-Grant/Award | 196,172 | $— | $0 | Filing |
| 2026-06-15 | Shah Abhi Manoj | officer: chief revenue officer | A-Grant/Award | 1,373,204 | $— | $0 | Filing |
| 2026-06-15 | NEELEMAN DAVID | director | A-Grant/Award | 1,294,735 | $— | $0 | Filing |
| 2026-06-15 | Zinman Jon | officer: member of strategy committee | A-Grant/Award | 980,860 | $— | $0 | Filing |
| 2026-06-15 | Goncalves da Cruz Andre | officer: technical vice president | A-Grant/Award | 255,024 | $— | $0 | Filing |
🏛️ Congressional Trades
0 records| Date | Politician | Chamber | Type | Amount | Filing |
|---|---|---|---|---|---|
| No congressional trades found | |||||
🏦 Top Institutional Holders
20 holders| Holder | Shares | Value | Date Reported | Filing | |
|---|---|---|---|---|---|
| United Airlines Holdings, Inc. | 15,919,380 | $143M | +15,919,380 | 2026-06-30 | Filing |
| VR Advisory Services Ltd | 8,854,652 | $80M | +8,854,652 | 2026-06-30 | Filing |
| WHITEBOX ADVISORS LLC | 8,362,136 | $75M | +8,362,136 | 2026-06-30 | Filing |
| DSC Meridian Capital LP | 5,474,847 | $49M | +5,474,847 | 2026-06-30 | Filing |
| READYSTATE ASSET MANAGEMENT LP | 2,098,940 | $19M | +2,098,940 | 2026-06-30 | Filing |
| MIRABELLA FINANCIAL SERVICES LLP | 2,059,046 | $19M | +2,059,046 | 2026-06-30 | Filing |
| PointState Capital LP | 1,855,834 | $17M | +1,855,834 | 2026-06-30 | Filing |
| BlackBarn Capital Partners LP | 1,684,188 | $15M | +1,684,188 | 2026-06-30 | Filing |
| VIKING GLOBAL INVESTORS LP | 1,349,734 | $12M | +1,349,734 | 2026-06-30 | Filing |
| MSD Partners, L.P. | 1,147,091 | $10M | +1,147,091 | 2026-06-30 | Filing |
| CASPIAN CAPITAL LP | 1,034,524 | $9M | +1,034,524 | 2026-06-30 | Filing |
| Sagil Capital LLP | 843,494 | $8M | +843,494 | 2026-06-30 | Filing |
| Deltroit Asset Management (UK) LLP | 825,100 | $7M | +825,100 | 2026-06-30 | Filing |
| REDWOOD CAPITAL MANAGEMENT, LLC | 816,991 | $7M | +816,991 | 2026-06-30 | Filing |
| FMR LLC | 811,746 | $7M | +811,746 | 2026-06-30 | Filing |
| CANYON CAPITAL ADVISORS LLC | 721,828 | $6M | +721,828 | 2026-06-30 | Filing |
| DG Capital Management, LLC | 616,433 | $6M | +616,433 | 2026-06-30 | Filing |
| CSS LLC/IL | 597,806 | $5M | +597,806 | 2026-06-30 | Filing |
| WELLS FARGO & COMPANY/MN | 594,724 | $5M | +594,724 | 2026-06-30 | Filing |
| Senator Investment Group LP | 505,584 | $5M | +505,584 | 2026-06-30 | Filing |