Alaska Air Group (NYSE:ALK) EVP Andrew Harrison Sells 5,500 Shares of Stock

Alaska Air Group, Inc. (NYSE:ALK) EVP Andrew Harrison sold 5,500 shares of Alaska Air Group stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $56.63, for a total value of $311,465.00. Following the completion of the sale, the executive vice president directly owned 30,828 shares of the company’s stock, valued at $1,745,789.64. This trade represents a 15.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Alaska Air Group Trading Up 0.9%

ALK stock opened at $52.61 on Friday. The company has a quick ratio of 0.46, a current ratio of 0.50 and a debt-to-equity ratio of 1.17. Alaska Air Group, Inc. has a twelve month low of $37.63 and a twelve month high of $75.75. The company has a market cap of $6.03 billion, a P/E ratio of 60.47, a PEG ratio of 0.47 and a beta of 1.21. The business has a fifty day moving average of $52.17 and a 200-day moving average of $51.12.

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, topping analysts’ consensus estimates of $0.11 by $0.32. The firm had revenue of $3.63 billion during the quarter, compared to analyst estimates of $3.64 billion. Alaska Air Group had a return on equity of 7.22% and a net margin of 0.70%.The company’s revenue was up 2.8% on a year-over-year basis. During the same period last year, the company earned $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. As a group, equities research analysts expect that Alaska Air Group, Inc. will post 6.03 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. 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. Zacks Research upgraded shares of Alaska Air Group from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th. Weiss Ratings downgraded Alaska Air Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 13th. Raymond James Financial reaffirmed an “outperform” rating and set a $71.00 price objective on shares of Alaska Air Group in a research note on Friday, December 19th. Finally, Wall Street Zen upgraded Alaska Air Group from a “sell” rating to a “hold” rating in a report on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $71.40.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in shares of Alaska Air Group by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 11,059,404 shares of the transportation company’s stock worth $556,288,000 after purchasing an additional 110,628 shares during the period. Dimensional Fund Advisors LP increased its stake in Alaska Air Group by 0.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 6,273,084 shares of the transportation company’s stock worth $312,280,000 after purchasing an additional 56,225 shares in the last quarter. American Century Companies Inc. raised its holdings in 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 worth $161,632,000 after buying an additional 42,454 shares during the period. Capital Research Global Investors lifted its stake in Alaska Air Group by 86.8% in the fourth quarter. Capital Research Global Investors now owns 3,175,350 shares of the transportation company’s stock valued at $159,720,000 after buying an additional 1,475,350 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its stake in Alaska Air Group by 24.8% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,962,620 shares of the transportation company’s stock valued at $149,020,000 after buying an additional 588,119 shares in the last quarter. 81.90% of the stock is owned by institutional investors and hedge funds.

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.