Alaska Air Group (NYSE:ALK) CFO Shane Tackett Sells 10,000 Shares

Alaska Air Group, Inc. (NYSE:ALK) CFO Shane Tackett sold 10,000 shares of the business’s stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $55.00, for a total value of $550,000.00. Following the completion of the sale, the chief financial officer owned 33,530 shares in the company, valued at $1,844,150. This represents a 22.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Alaska Air Group Price Performance

NYSE ALK traded up $0.80 during trading on Monday, hitting $60.25. 2,076,966 shares of the stock traded hands, compared to its average volume of 3,894,714. 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 50-day simple moving average of $50.60 and a 200-day simple moving average of $50.86. The company has a market capitalization of $6.99 billion, a P/E ratio of 69.25, a price-to-earnings-growth ratio of 0.52 and a beta of 1.21.

Alaska Air Group (NYSE:ALK) last posted its earnings results 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 firm had revenue of $3.63 billion during the quarter, compared to the consensus estimate of $3.64 billion. During the same period in the prior year, the company earned $0.97 EPS. The company’s quarterly revenue 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, analysts predict that Alaska Air Group, Inc. will post 6.03 EPS for the current year.

Analyst Upgrades and Downgrades

ALK has been the subject of a number of analyst reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Alaska Air Group in a report on Monday, December 29th. Citigroup restated a “buy” rating and set a $69.00 price objective (up from $61.00) on shares of Alaska Air Group in a research 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. Zacks Research raised Alaska Air Group from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th. Finally, Wall Street Zen upgraded Alaska Air Group from a “sell” rating to a “hold” rating in a research report on Friday, January 23rd. One investment 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 company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $71.40.

Institutional Investors Weigh In On Alaska Air Group

Several large investors have recently added to or reduced their stakes in ALK. Foster Dykema Cabot & Partners LLC bought a new position in Alaska Air Group in the 3rd quarter worth about $28,000. MAI Capital Management boosted its holdings in shares of 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 purchasing an additional 280 shares during the period. AlphaQuest LLC bought a new position in Alaska Air Group in the third quarter worth approximately $34,000. Smartleaf Asset Management LLC grew its stake in Alaska Air Group by 43.2% in the third quarter. Smartleaf Asset Management LLC now owns 838 shares of the transportation company’s stock worth $42,000 after purchasing an additional 253 shares in the last quarter. Finally, Country Trust Bank purchased a new position in Alaska Air Group during the 3rd quarter worth $45,000. 81.90% of the stock is owned by hedge funds and other institutional investors.

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.