Kyle Levine Sells 2,945 Shares of Alaska Air Group (NYSE:ALK) Stock

Alaska Air Group, Inc. (NYSE:ALK) EVP Kyle Levine sold 2,945 shares of the business’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $60.02, for a total value of $176,758.90. Following the transaction, the executive vice president owned 20,977 shares in the company, valued at approximately $1,259,039.54. This represents a 12.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Alaska Air Group Trading Down 3.3%

NYSE ALK opened at $55.61 on Friday. Alaska Air Group, Inc. has a fifty-two week low of $37.63 and a fifty-two week high of $78.08. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.46 and a current ratio of 0.50. The stock has a 50 day simple moving average of $51.69 and a two-hundred day simple moving average of $51.05. The stock has a market cap of $6.45 billion, a P/E ratio of 63.92, 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 earnings per share (EPS) 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 firm had revenue of $3.63 billion for the quarter, compared to analysts’ expectations of $3.64 billion. During the same period in the previous year, the firm earned $0.97 earnings per share. The business’s 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. On average, analysts forecast that Alaska Air Group, Inc. will post 6.03 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on ALK shares. Wall Street Zen raised shares of Alaska Air Group from a “sell” rating to a “hold” rating in a research note on Friday, January 23rd. TD Cowen lowered their price objective on shares of Alaska Air Group from $64.00 to $63.00 and set a “buy” rating for the company in a report on Friday, January 30th. Zacks Research upgraded Alaska Air Group from a “strong sell” rating to a “hold” rating in a report on Friday, December 5th. Raymond James Financial reissued an “outperform” rating and issued a $71.00 target price on shares of Alaska Air Group in a research report on Friday, December 19th. Finally, Barclays restated 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. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Alaska Air Group presently has an average rating of “Moderate Buy” and an average target price of $71.40.

Institutional Trading of Alaska Air Group

A number of hedge funds have recently made changes to their positions in the stock. Ellis Investment Partners LLC grew its stake in shares of Alaska Air Group by 0.5% in the 3rd quarter. Ellis Investment Partners LLC now owns 40,885 shares of the transportation company’s stock worth $2,035,000 after buying an additional 212 shares during the last quarter. SBI Securities Co. Ltd. boosted its holdings in Alaska Air Group by 30.4% in the fourth quarter. SBI Securities Co. Ltd. now owns 910 shares of the transportation company’s stock worth $46,000 after acquiring an additional 212 shares in the last quarter. Concurrent Investment Advisors LLC grew its stake in shares of Alaska Air Group by 3.3% in the second quarter. Concurrent Investment Advisors LLC now owns 7,237 shares of the transportation company’s stock worth $358,000 after acquiring an additional 232 shares during the last quarter. True Wealth Design LLC increased its holdings in shares of Alaska Air Group by 19.9% during the third quarter. True Wealth Design LLC now owns 1,397 shares of the transportation company’s stock valued at $70,000 after acquiring an additional 232 shares in the last quarter. Finally, Lesa Sroufe & Co increased its holdings in shares of Alaska Air Group by 0.7% during the third quarter. Lesa Sroufe & Co now owns 36,589 shares of the transportation company’s stock valued at $1,821,000 after acquiring an additional 242 shares in the last quarter. 81.90% of the stock is owned by 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.