Andrew Harrison Sells 14,500 Shares of Alaska Air Group (NYSE:ALK) Stock

Alaska Air Group, Inc. (NYSE:ALK) EVP Andrew Harrison sold 14,500 shares of the company’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $54.81, for a total value of $794,745.00. Following the completion of the sale, the executive vice president directly owned 20,195 shares in the company, valued at $1,106,887.95. This trade represents a 41.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Alaska Air Group Price Performance

ALK traded up $1.81 during midday trading on Tuesday, reaching $57.08. 2,353,220 shares of the company’s stock were exchanged, compared to its average volume of 3,736,004. Alaska Air Group, Inc. has a 1-year low of $37.63 and a 1-year high of $78.08. The stock has a market capitalization of $6.54 billion, a PE ratio of 65.61, a P/E/G ratio of 0.50 and a beta of 1.21. 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 business’s 50-day moving average price is $51.92 and its 200 day moving average price is $51.04.

Alaska Air Group (NYSE:ALK) last posted its quarterly earnings data on Thursday, January 22nd. The transportation company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $3.64 billion. During the same quarter last year, the company earned $0.97 earnings per share. The business’s revenue for the quarter was up 2.8% compared to the same quarter last year. 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 analysts anticipate that Alaska Air Group, Inc. will post 6.03 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently commented on ALK. Bank of America raised their price objective on Alaska Air Group from $62.00 to $70.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Barclays reaffirmed an “overweight” rating and set a $70.00 price target (up from $60.00) on shares of Alaska Air Group in a research report on Monday, January 12th. TD Cowen lowered their target price on Alaska Air Group from $64.00 to $63.00 and set a “buy” rating for the company in a research note on Friday, January 30th. Citigroup restated 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, Zacks Research upgraded Alaska Air Group from a “strong sell” rating to a “hold” rating in a research note on Friday, December 5th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $71.40.

Hedge Funds Weigh In On Alaska Air Group

Institutional investors and hedge funds have recently bought and sold shares of the stock. Atlas Capital Advisors Inc. acquired a new stake in Alaska Air Group in the fourth quarter worth approximately $26,000. Foster Dykema Cabot & Partners LLC bought a new stake in Alaska Air Group in the third quarter worth about $28,000. MAI Capital Management lifted its holdings in Alaska Air Group by 80.5% in the 2nd quarter. MAI Capital Management now owns 628 shares of the transportation company’s stock valued at $31,000 after acquiring an additional 280 shares during the last quarter. AlphaQuest LLC acquired a new stake in Alaska Air Group during the third quarter valued at approximately $34,000. Finally, First Command Advisory Services Inc. lifted its position 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 valued at $34,000 after acquiring an additional 485 shares during the last quarter. Institutional investors own 81.90% of the company’s stock.

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.