Alaska Air Group (NYSE:ALK) CFO Sells $550,000.00 in Stock

Alaska Air Group, Inc. (NYSE:ALK) CFO Shane Tackett sold 10,000 shares of the company’s stock in a transaction 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 directly owned 33,530 shares in the company, valued at approximately $1,844,150. This represents a 22.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Alaska Air Group Trading Down 2.9%

Shares of ALK opened at $57.43 on Thursday. 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 12-month low of $37.63 and a 12-month high of $78.08. The firm has a market capitalization of $6.66 billion, a PE ratio of 66.01, a price-to-earnings-growth ratio of 0.53 and a beta of 1.21. The stock’s fifty day simple moving average is $51.53 and its 200-day simple moving average is $51.02.

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, research analysts predict that Alaska Air Group, Inc. will post 6.03 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on ALK shares. Barclays reissued an “overweight” rating and issued a $70.00 target price (up previously from $60.00) on shares of Alaska Air Group in a research note on Monday, January 12th. Raymond James Financial reiterated an “outperform” rating and issued a $71.00 price target on shares of Alaska Air Group in a research report on Friday, December 19th. Susquehanna upped 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 note on Friday, January 9th. UBS Group set a $77.00 target price on shares of Alaska Air Group and gave the stock a “buy” rating in a report on Friday, December 12th. Finally, Wall Street Zen raised shares of Alaska Air Group from a “sell” rating to a “hold” rating in a report on Friday, January 23rd. One equities 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.com, Alaska Air Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $71.40.

Hedge Funds Weigh In On Alaska Air Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC raised its stake 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 valued at $6,276,000 after purchasing an additional 92,416 shares during the period. Empowered Funds LLC raised its position in Alaska Air Group by 60.2% in the 1st quarter. Empowered Funds LLC now owns 6,423 shares of the transportation company’s stock valued at $316,000 after buying an additional 2,414 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in 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 acquiring an additional 152,953 shares in the last quarter. Intech Investment Management LLC acquired a new position in Alaska Air Group during the 1st quarter worth approximately $1,318,000. Finally, US Bancorp DE boosted its position in Alaska Air Group by 3.1% during the 2nd quarter. US Bancorp DE now owns 22,654 shares of the transportation company’s stock worth $1,121,000 after acquiring an additional 672 shares during the last quarter. 81.90% of the stock is owned by institutional investors and hedge funds.

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.