Alaska Air Group (NYSE:ALK) Rating Lowered to “Sell” at Wall Street Zen

Alaska Air Group (NYSE:ALK) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Monday.

Several other research analysts have also weighed in on ALK. UBS Group lowered their target price on shares of Alaska Air Group from $60.00 to $53.00 and set a “buy” rating on the stock in a research report on Monday, March 23rd. Susquehanna upped their target price on shares of Alaska Air Group from $52.00 to $70.00 and gave the stock a “positive” rating in a research report on Friday, January 9th. TD Cowen lowered their target price on shares of Alaska Air Group from $63.00 to $54.00 and set a “buy” rating on the stock in a research report on Monday, March 9th. Raymond James Financial restated an “outperform” rating and set a $71.00 target price on shares of Alaska Air Group in a research report on Friday, December 19th. Finally, The Goldman Sachs Group lowered their price target on shares of Alaska Air Group from $68.00 to $61.00 and set a “buy” rating on the stock in a research report on Wednesday, April 1st. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $63.67.

Alaska Air Group Trading Down 2.8%

Shares of ALK opened at $36.93 on Monday. The company has a current ratio of 0.50, a quick ratio of 0.46 and a debt-to-equity ratio of 1.17. The firm’s 50-day moving average is $46.77 and its two-hundred day moving average is $47.18. Alaska Air Group has a twelve month low of $33.03 and a twelve month high of $65.88. The firm has a market capitalization of $4.18 billion, a P/E ratio of 42.45, a PEG ratio of 0.51 and a beta of 1.27.

Alaska Air Group (NYSE:ALK) last issued its 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. Alaska Air Group had a net margin of 0.70% and a return on equity of 7.22%. The company had revenue of $3.63 billion for the quarter, compared to analyst estimates of $3.64 billion. During the same period in the prior year, the business posted $0.97 earnings per share. The firm’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. On average, research analysts predict that Alaska Air Group will post 6.03 earnings per share for the current fiscal year.

Insider Activity

In other news, CFO Shane R. Tackett sold 24,000 shares of the stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $57.15, for a total value of $1,371,600.00. Following the sale, the chief financial officer directly owned 43,377 shares in the company, valued at $2,478,995.55. This represents a 35.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kyle B. Levine sold 2,945 shares of the stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $60.02, for a total transaction of $176,758.90. Following the completion of the sale, the executive vice president owned 20,977 shares in the company, valued at $1,259,039.54. This represents a 12.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 56,945 shares of company stock worth $3,204,569 over the last ninety days. 0.92% of the stock is currently owned by insiders.

Institutional Trading of Alaska Air Group

Several large investors have recently modified their holdings of ALK. Atlas Capital Advisors Inc. acquired a new stake in shares of Alaska Air Group in the fourth quarter valued at approximately $26,000. Foster Dykema Cabot & Partners LLC acquired a new stake in Alaska Air Group during the third quarter worth approximately $28,000. AlphaQuest LLC acquired a new stake in Alaska Air Group during the third quarter worth approximately $34,000. First Command Advisory Services Inc. boosted its position in Alaska Air Group by 242.5% during the fourth 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 last quarter. Finally, Smartleaf Asset Management LLC boosted its position in Alaska Air Group by 43.2% during the third quarter. Smartleaf Asset Management LLC now owns 838 shares of the transportation company’s stock worth $42,000 after acquiring an additional 253 shares during the last quarter. 81.90% of the stock is currently owned by institutional investors and hedge funds.

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.