Vanguard Group Inc. Trims Holdings in Alaska Air Group, Inc. $ALK

Vanguard Group Inc. lowered its position in shares of Alaska Air Group, Inc. (NYSE:ALK) by 6.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,948,776 shares of the transportation company’s stock after selling 808,245 shares during the period. Vanguard Group Inc. owned 0.09% of Alaska Air Group worth $545,030,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC boosted its holdings in shares of Alaska Air Group by 2,046.4% in the 4th quarter. Brighton Jones LLC now owns 96,932 shares of the transportation company’s stock worth $6,276,000 after purchasing an additional 92,416 shares in the last quarter. Empowered Funds LLC raised its stake in Alaska Air Group by 60.2% in the first quarter. Empowered Funds LLC now owns 6,423 shares of the transportation company’s stock worth $316,000 after buying an additional 2,414 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Alaska Air Group by 81.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 340,258 shares of the transportation company’s stock valued at $16,747,000 after purchasing an additional 152,953 shares during the period. Intech Investment Management LLC bought a new stake in shares of Alaska Air Group during the 1st quarter valued at $1,318,000. Finally, Mayflower Financial Advisors LLC purchased a new stake in Alaska Air Group in the second quarter worth about $260,000. Hedge funds and other institutional investors own 81.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on ALK. Wall Street Zen raised shares of Alaska Air Group from a “sell” rating to a “hold” rating in a research report on Friday, January 23rd. Susquehanna boosted their target price on shares of Alaska Air Group from $52.00 to $70.00 and gave the company a “positive” rating in a research report on Friday, January 9th. Barclays reaffirmed an “overweight” rating and issued a $70.00 price objective (up from $60.00) on shares of Alaska Air Group in a research note on Monday, January 12th. Cantor Fitzgerald set a $63.00 target price on shares of Alaska Air Group in a report on Friday, January 30th. Finally, Weiss Ratings cut shares of Alaska Air Group from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Alaska Air Group presently has an average rating of “Moderate Buy” and a consensus target price of $71.40.

Insider Activity at Alaska Air Group

In related news, EVP Kyle B. Levine sold 2,945 shares of the firm’s stock in a transaction on Monday, February 9th. The shares were 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 approximately $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 Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Andrew R. Harrison sold 14,500 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $54.81, for a total value of $794,745.00. Following the completion of the sale, the executive vice president owned 20,195 shares of the company’s stock, valued at $1,106,887.95. This trade represents a 41.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 56,945 shares of company stock worth $3,204,569. 0.92% of the stock is owned by corporate insiders.

Alaska Air Group Trading Up 3.8%

ALK opened at $52.54 on Wednesday. Alaska Air Group, Inc. has a 12 month low of $37.63 and a 12 month high of $73.98. The firm has a market cap of $6.02 billion, a price-to-earnings ratio of 60.39, a PEG ratio of 0.45 and a beta of 1.21. 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 stock has a fifty day moving average price of $52.14 and a 200-day moving average price of $51.07.

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

Alaska Air Group Company 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.