Versor Investments LP Reduces Stake in Alaska Air Group, Inc. $ALK

Versor Investments LP lessened its position in shares of Alaska Air Group, Inc. (NYSE:ALK) by 49.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,900 shares of the transportation company’s stock after selling 12,500 shares during the quarter. Versor Investments LP’s holdings in Alaska Air Group were worth $642,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. American Century Companies Inc. grew its stake in shares of Alaska Air Group by 1.3% during the 2nd quarter. American Century Companies Inc. now owns 3,266,619 shares of the transportation company’s stock valued at $161,632,000 after purchasing an additional 42,454 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in shares of Alaska Air Group by 18.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 2,374,501 shares of the transportation company’s stock worth $118,203,000 after buying an additional 368,511 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Alaska Air Group by 3.6% in the second quarter. Geode Capital Management LLC now owns 2,215,697 shares of the transportation company’s stock worth $109,657,000 after buying an additional 77,531 shares during the last quarter. AQR Capital Management LLC grew its position in Alaska Air Group by 10.1% during the second quarter. AQR Capital Management LLC now owns 1,456,129 shares of the transportation company’s stock valued at $71,809,000 after buying an additional 134,141 shares during the period. Finally, Par Capital Management Inc. increased its holdings in Alaska Air Group by 4.1% during the second quarter. Par Capital Management Inc. now owns 1,119,302 shares of the transportation company’s stock valued at $55,383,000 after buying an additional 43,726 shares during the last quarter. Institutional investors own 81.90% of the company’s stock.

Insider Buying and Selling at Alaska Air Group

In related news, CFO Shane R. Tackett sold 10,000 shares of the company’s stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $55.00, for a total transaction of $550,000.00. Following the completion of the transaction, the chief financial officer owned 33,530 shares in the company, valued at approximately $1,844,150. This represents a 22.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 transaction, the executive vice president directly owned 20,977 shares of the company’s stock, valued at $1,259,039.54. The trade was a 12.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.00% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Susquehanna lifted their price target on shares of Alaska Air Group from $52.00 to $70.00 and gave the stock a “positive” rating in a research note on Friday, January 9th. Zacks Research raised Alaska Air Group from a “strong sell” rating to a “hold” rating in a report on Friday, December 5th. Cantor Fitzgerald set a $63.00 price target on Alaska Air Group in a report on Friday, January 30th. UBS Group set a $77.00 price target on Alaska Air Group and gave the stock a “buy” rating in a research report on Friday, December 12th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Alaska Air Group in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $71.40.

Alaska Air Group Price Performance

Shares of Alaska Air Group stock opened at $57.43 on Thursday. The company has a market capitalization of $6.66 billion, a price-to-earnings ratio of 66.01, a PEG ratio of 0.53 and a beta of 1.21. The company has a quick ratio of 0.46, a current ratio of 0.50 and a debt-to-equity ratio of 1.17. The stock’s 50-day simple moving average is $51.53 and its 200-day simple moving average is $51.02. Alaska Air Group, Inc. has a 52 week low of $37.63 and a 52 week high of $78.08.

Alaska Air Group (NYSE:ALK) last released its earnings results on Thursday, January 22nd. The transportation company reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business posted $0.97 earnings per share. The firm’s 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, analysts expect that Alaska Air Group, Inc. will post 6.03 earnings per share for the current fiscal year.

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.