Signaturefd LLC Purchases 225 Shares of Alaska Air Group, Inc. $ALK

Signaturefd LLC increased its position in shares of Alaska Air Group, Inc. (NYSE:ALK) by 7.8% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,113 shares of the transportation company’s stock after buying an additional 225 shares during the period. Signaturefd LLC’s holdings in Alaska Air Group were worth $154,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of ALK. Brooklyn Investment Group increased its stake in Alaska Air Group by 41.1% in the first quarter. Brooklyn Investment Group now owns 632 shares of the transportation company’s stock valued at $31,000 after purchasing an additional 184 shares in the last quarter. Perkins Coie Trust Co increased its stake in Alaska Air Group by 125.7% in the first quarter. Perkins Coie Trust Co now owns 677 shares of the transportation company’s stock valued at $33,000 after purchasing an additional 377 shares in the last quarter. UMB Bank n.a. increased its stake in Alaska Air Group by 459.1% in the first quarter. UMB Bank n.a. now owns 1,297 shares of the transportation company’s stock valued at $64,000 after purchasing an additional 1,065 shares in the last quarter. Headlands Technologies LLC bought a new stake in Alaska Air Group in the first quarter valued at $71,000. Finally, KBC Group NV bought a new stake in Alaska Air Group in the first quarter valued at $76,000. Institutional investors own 81.90% of the company’s stock.

Insider Buying and Selling at Alaska Air Group

In other Alaska Air Group news, SVP Kyle B. Levine sold 5,914 shares of the business’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $57.75, for a total value of $341,533.50. Following the transaction, the senior vice president directly owned 20,917 shares in the company, valued at $1,207,956.75. The trade was a 22.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Andrew R. Harrison sold 7,600 shares of the business’s stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $53.22, for a total transaction of $404,472.00. Following the completion of the transaction, the executive vice president owned 18,930 shares in the company, valued at approximately $1,007,454.60. The trade was a 28.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 18,514 shares of company stock worth $1,031,306 over the last three months. 1.00% of the stock is currently owned by insiders.

Alaska Air Group Stock Up 0.2%

Alaska Air Group stock opened at $49.09 on Friday. Alaska Air Group, Inc. has a fifty-two week low of $39.79 and a fifty-two week high of $78.08. The stock has a market cap of $5.66 billion, a PE ratio of 19.96, a price-to-earnings-growth ratio of 0.55 and a beta of 1.40. The firm’s 50-day simple moving average is $56.69 and its 200 day simple moving average is $51.99. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.49 and a current ratio of 0.52.

Alaska Air Group (NYSE:ALK) last released its quarterly earnings results on Wednesday, July 23rd. The transportation company reported $1.78 earnings per share for the quarter, topping the consensus estimate of $1.56 by $0.22. The business had revenue of $3.70 billion for the quarter, compared to analysts’ expectations of $3.65 billion. Alaska Air Group had a net margin of 2.33% and a return on equity of 12.62%. The firm’s revenue for the quarter was up 27.9% compared to the same quarter last year. During the same period in the previous year, the company earned $2.55 earnings per share. Alaska Air Group has set its Q3 2025 guidance at 1.000-1.400 EPS. FY 2025 guidance at 3.250- EPS. Research analysts predict that Alaska Air Group, Inc. will post 6.03 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on ALK shares. Susquehanna set a $58.00 price target on shares of Alaska Air Group and gave the company a “positive” rating in a research note on Friday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Alaska Air Group in a research note on Saturday, September 27th. UBS Group upgraded shares of Alaska Air Group from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $56.00 to $90.00 in a report on Friday, September 12th. JPMorgan Chase & Co. lifted their price objective on shares of Alaska Air Group from $73.00 to $96.00 and gave the company an “overweight” rating in a report on Friday, September 12th. Finally, Barclays lifted their price objective on shares of Alaska Air Group from $55.00 to $60.00 and gave the company an “overweight” rating in a report on Thursday, July 10th. Thirteen equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $71.62.

Alaska Air Group Company Profile

Alaska Air Group, Inc, through its subsidiaries, operates airlines. It operates through three segments: Mainline, Regional, and Horizon. The company offers scheduled air transportation services on Boeing jet aircraft for passengers and cargo in the United States, and in parts of Canada, Mexico, Costa Rica, Belize, Guatemala, and the Bahamas; and for passengers across a shorter distance network within the United States, Canada, and Mexico.