Insider Selling: Alaska Air Group (NYSE:ALK) EVP Sells $311,465.00 in Stock

Alaska Air Group, Inc. (NYSE:ALK) EVP Andrew Harrison sold 5,500 shares of the company’s stock in a transaction that occurred 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 transaction, the executive vice president owned 30,828 shares in the company, valued at approximately $1,745,789.64. The trade was a 15.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Alaska Air Group Stock Performance

Shares of ALK opened at $52.61 on Monday. Alaska Air Group, Inc. has a 1 year low of $37.63 and a 1 year high of $75.75. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.50 and a quick ratio of 0.46. The stock’s fifty day moving average price is $52.17 and its two-hundred day moving average price is $51.08. The firm has a market cap of $6.03 billion, a PE ratio of 60.47, a PEG ratio of 0.47 and a beta of 1.21.

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

Institutional Investors Weigh In On Alaska Air Group

Several hedge funds have recently bought and sold shares of the stock. Atlas Capital Advisors Inc. purchased a new stake in shares of Alaska Air Group during the 4th quarter valued at $26,000. Foster Dykema Cabot & Partners LLC bought a new position in Alaska Air Group in the third quarter valued at $28,000. MAI Capital Management raised its position in Alaska Air Group by 80.5% during the second quarter. MAI Capital Management now owns 628 shares of the transportation company’s stock valued at $31,000 after purchasing an additional 280 shares in the last quarter. AlphaQuest LLC bought a new stake in Alaska Air Group during the third quarter worth about $34,000. Finally, First Command Advisory Services Inc. boosted its holdings in shares of Alaska Air Group by 242.5% in the 4th quarter. First Command Advisory Services Inc. now owns 685 shares of the transportation company’s stock worth $34,000 after purchasing an additional 485 shares in the last quarter. 81.90% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

ALK has been the topic of a number of recent research reports. TD Cowen dropped their price objective on Alaska Air Group from $64.00 to $63.00 and set a “buy” rating on the stock in a report on Friday, January 30th. Barclays reissued an “overweight” rating and issued a $70.00 price target (up from $60.00) on shares of Alaska Air Group in a report on Monday, January 12th. 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. Citigroup reiterated a “buy” rating and issued a $69.00 target price (up from $61.00) on shares of Alaska Air Group in a research note on Wednesday, January 7th. Finally, Wall Street Zen upgraded shares of Alaska Air Group from a “sell” rating to a “hold” rating in a research report on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $71.40.

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.