GSA Capital Partners LLP Makes New $1.01 Million Investment in Alaska Air Group, Inc. $ALK

GSA Capital Partners LLP bought a new stake in Alaska Air Group, Inc. (NYSE:ALK) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 20,250 shares of the transportation company’s stock, valued at approximately $1,008,000.

A number of other hedge funds also recently modified their holdings of the business. MAI Capital Management grew its position in shares of Alaska Air Group by 80.5% in the 2nd quarter. MAI Capital Management now owns 628 shares of the transportation company’s stock valued at $31,000 after purchasing an additional 280 shares during the period. AlphaQuest LLC bought a new position in Alaska Air Group in the third quarter valued at approximately $34,000. Smartleaf Asset Management LLC boosted its holdings in shares of Alaska Air Group by 43.2% in the third quarter. Smartleaf Asset Management LLC now owns 838 shares of the transportation company’s stock valued at $42,000 after buying an additional 253 shares during the period. Country Trust Bank bought a new stake in shares of Alaska Air Group during the third quarter worth $45,000. Finally, Rexford Capital Inc. bought a new stake in shares of Alaska Air Group during the second quarter worth $49,000. Institutional investors and hedge funds own 81.90% of the company’s stock.

Alaska Air Group Price Performance

Shares of ALK opened at $52.14 on Friday. 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 company’s fifty day simple moving average is $52.15 and its 200 day simple moving average is $51.12. Alaska Air Group, Inc. has a 1-year low of $37.63 and a 1-year high of $76.98. The company has a market cap of $5.98 billion, a price-to-earnings ratio of 59.93, a PEG ratio of 0.50 and a beta of 1.21.

Alaska Air Group (NYSE:ALK) last announced its quarterly earnings data on Thursday, January 22nd. The transportation company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.32. The company had revenue of $3.63 billion during the quarter, compared to the consensus estimate of $3.64 billion. Alaska Air Group had a net margin of 0.70% and a return on equity of 7.22%. The company’s quarterly revenue was up 2.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.97 EPS. 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. On average, research analysts forecast that Alaska Air Group, Inc. will post 6.03 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on ALK. Raymond James Financial reaffirmed an “outperform” rating and issued a $71.00 target price on shares of Alaska Air Group in a research note on Friday, December 19th. UBS Group set a $77.00 price objective on Alaska Air Group and gave the stock a “buy” rating in a report on Friday, December 12th. Bank of America lifted their target price on Alaska Air Group from $62.00 to $70.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Barclays reaffirmed an “overweight” rating and set a $70.00 price target (up previously from $60.00) on shares of Alaska Air Group in a research report on Monday, January 12th. Finally, Weiss Ratings cut shares of Alaska Air Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $71.40.

Insider Buying and Selling at Alaska Air Group

In other news, EVP Kyle B. Levine sold 2,945 shares of the firm’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 value of $176,758.90. Following the completion of the sale, the executive vice president directly owned 20,977 shares of the company’s stock, valued at $1,259,039.54. This trade represents a 12.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Shane R. Tackett sold 10,000 shares of Alaska Air Group stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $55.00, for a total value of $550,000.00. Following the transaction, the chief financial officer owned 33,530 shares of the company’s stock, valued at $1,844,150. This represents a 22.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 27,445 shares of company stock worth $1,521,504 over the last 90 days. Company insiders own 1.00% of the company’s stock.

Alaska Air Group Profile

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.