Alaska Air Group (NYSE:ALK) Trading Down 5.5% – What’s Next?

Alaska Air Group, Inc. (NYSE:ALK) traded down 5.5% on Thursday . The company traded as low as $52.69 and last traded at $52.7690. 539,132 shares traded hands during trading, a decline of 85% from the average session volume of 3,607,487 shares. The stock had previously closed at $55.84.

Wall Street Analyst Weigh In

Several research firms have issued reports on ALK. TD Cowen cut their target price on Alaska Air Group from $64.00 to $63.00 and set a “buy” rating for the company in a research note on Friday, January 30th. Susquehanna boosted their target price on Alaska Air Group from $52.00 to $70.00 and gave the stock a “positive” rating in a research note on Friday, January 9th. UBS Group set a $77.00 price target on shares of Alaska Air Group and gave the stock a “buy” rating in a research note on Friday, December 12th. Cantor Fitzgerald set a $63.00 price objective on shares of Alaska Air Group in a research note on Friday, January 30th. Finally, Weiss Ratings cut Alaska Air Group from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $71.40.

Alaska Air Group Trading Down 6.3%

The company has a current ratio of 0.50, a quick ratio of 0.46 and a debt-to-equity ratio of 1.17. The business has a 50 day moving average price of $52.16 and a 200-day moving average price of $51.11. The firm has a market capitalization of $6.00 billion, a PE ratio of 60.17, a P/E/G ratio of 0.51 and a beta of 1.21.

Alaska Air Group (NYSE:ALK) last issued its earnings results on Thursday, January 22nd. The transportation company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.32. The company had revenue of $3.63 billion for the quarter, compared to analyst estimates of $3.64 billion. Alaska Air Group had a net margin of 0.70% and a return on equity of 7.22%. The firm’s revenue for the quarter was up 2.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.97 earnings per share. Alaska Air Group has set its Q1 2026 guidance at -1.500–0.500 EPS and its FY 2026 guidance at 3.500-6.500 EPS. Analysts expect that Alaska Air Group, Inc. will post 6.03 earnings per share for the current year.

Insider Buying and Selling

In other Alaska Air Group news, EVP Kyle B. Levine sold 2,945 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $60.02, for a total transaction of $176,758.90. Following the sale, the executive vice president owned 20,977 shares in the company, valued at $1,259,039.54. This represents a 12.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Andrew R. Harrison sold 14,500 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $54.81, for a total value of $794,745.00. Following the transaction, the executive vice president directly owned 20,195 shares in the company, valued at approximately $1,106,887.95. This represents a 41.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 27,445 shares of company stock valued at $1,521,504 in the last quarter. Company insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On Alaska Air Group

Several large investors have recently added to or reduced their stakes in ALK. Corient Private Wealth LLC lifted its position in shares of Alaska Air Group by 205.0% in the 4th quarter. Corient Private Wealth LLC now owns 100,998 shares of the transportation company’s stock worth $5,080,000 after buying an additional 67,882 shares during the last quarter. Delta Global Management LP acquired a new stake in Alaska Air Group during the fourth quarter worth about $2,200,000. SummitTX Capital L.P. lifted its holdings in Alaska Air Group by 6,639.0% in the fourth quarter. SummitTX Capital L.P. now owns 272,524 shares of the transportation company’s stock worth $13,708,000 after acquiring an additional 268,480 shares during the last quarter. Susquehanna Fundamental Investments LLC acquired a new position in Alaska Air Group in the fourth quarter valued at approximately $1,498,000. Finally, Polymer Capital Management US LLC grew its holdings in shares of Alaska Air Group by 30.4% during the fourth quarter. Polymer Capital Management US LLC now owns 32,928 shares of the transportation company’s stock valued at $1,656,000 after purchasing an additional 7,668 shares during the last quarter. 81.90% of the stock is currently owned by institutional investors.

About Alaska Air Group

Alaska Air Group is a publicly traded holding company headquartered in Seattle, Washington, that operates two main airlines—Alaska Airlines and Horizon Air. Through these carriers, the company offers scheduled passenger and cargo services across a network spanning the United States, Canada and Mexico. Its core business activities include domestic and international air transportation, loyalty program management under the Mileage Plan brand, and ancillary revenue streams such as baggage fees, in-flight sales and code-share partnerships with other global airlines.

The roots of Alaska Air Group trace back to the foundation of its flagship carrier, Alaska Airlines, in 1932.