Insider Selling: Alaska Air Group (NYSE:ALK) CFO Sells 24,000 Shares of Stock

Alaska Air Group, Inc. (NYSE:ALK) CFO Shane Tackett sold 24,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $57.15, for a total transaction of $1,371,600.00. Following the completion of the sale, the chief financial officer directly owned 43,377 shares of the company’s stock, valued at $2,478,995.55. The trade was a 35.62% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Alaska Air Group Trading Up 0.9%

NYSE:ALK traded up $0.48 on Friday, reaching $52.61. The company’s stock had a trading volume of 2,578,450 shares, compared to its average volume of 3,655,057. Alaska Air Group, Inc. has a 1-year low of $37.63 and a 1-year high of $75.75. The business’s 50-day moving average price is $52.15 and its two-hundred day moving average price is $51.12. The firm has a market cap of $6.03 billion, a PE ratio of 60.47, a PEG ratio of 0.50 and a beta of 1.21. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.46 and a current ratio of 0.50.

Alaska Air Group (NYSE:ALK) last released its quarterly earnings data on Thursday, January 22nd. The transportation company reported $0.43 earnings per share for the quarter, beating 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 business had revenue of $3.63 billion for the quarter, compared to analysts’ expectations of $3.64 billion. During the same quarter in the previous year, the business posted $0.97 EPS. Alaska Air Group’s revenue for the quarter 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. Equities research analysts anticipate that Alaska Air Group, Inc. will post 6.03 earnings per share for the current fiscal year.

Institutional Trading of Alaska Air Group

Large investors have recently added to or reduced their stakes in the company. Atlas Capital Advisors Inc. bought a new stake in shares of Alaska Air Group in the 4th quarter valued at about $26,000. Foster Dykema Cabot & Partners LLC acquired a new position in Alaska Air Group during the third quarter worth approximately $28,000. MAI Capital Management raised its stake in Alaska Air Group by 80.5% in the second quarter. MAI Capital Management now owns 628 shares of the transportation company’s stock valued at $31,000 after buying an additional 280 shares during the period. AlphaQuest LLC acquired a new stake in shares of Alaska Air Group in the third quarter valued at approximately $34,000. Finally, First Command Advisory Services Inc. boosted its stake in shares of Alaska Air Group by 242.5% during the 4th quarter. First Command Advisory Services Inc. now owns 685 shares of the transportation company’s stock worth $34,000 after acquiring an additional 485 shares during the period. Institutional investors and hedge funds own 81.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Citigroup restated a “buy” rating and set a $69.00 price objective (up from $61.00) on shares of Alaska Air Group in a report on Wednesday, January 7th. UBS Group set a $77.00 target price on Alaska Air Group and gave the stock a “buy” rating in a report on Friday, December 12th. Cantor Fitzgerald set a $63.00 price target on Alaska Air Group in a report on Friday, January 30th. Barclays reiterated an “overweight” rating and set a $70.00 price objective (up from $60.00) on shares of Alaska Air Group in a report on Monday, January 12th. Finally, Bank of America boosted their target price on Alaska Air Group from $62.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price 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.