Alaska Air Group (NYSE:ALK) Shares Down 5.5% – Should You Sell?

Alaska Air Group, Inc. (NYSE:ALK) shares traded down 5.5% on Thursday . The company traded as low as $52.69 and last traded at $52.7690. 539,132 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 3,607,487 shares. The stock had previously closed at $55.84.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Cantor Fitzgerald set a $63.00 target price on Alaska Air Group in a research report on Friday, January 30th. Citigroup restated a “buy” rating and set a $69.00 target price (up from $61.00) on shares of Alaska Air Group in a research report on Wednesday, January 7th. TD Cowen decreased their price target on shares of 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. UBS Group set a $77.00 price objective on shares of Alaska Air Group and gave the company a “buy” rating in a research note on Friday, December 12th. Finally, Bank of America increased their target price on shares of Alaska Air Group from $62.00 to $70.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $71.40.

Alaska Air Group Stock Up 0.9%

The company has a quick ratio of 0.46, a current ratio of 0.50 and a debt-to-equity ratio of 1.17. The stock has a market capitalization of $6.03 billion, a PE ratio of 60.47, a PEG ratio of 0.47 and a beta of 1.21. The firm’s fifty day moving average is $52.17 and its 200-day moving average is $51.12.

Alaska Air Group (NYSE:ALK) last issued its earnings results on Thursday, January 22nd. The transportation company reported $0.43 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $3.64 billion. During the same period in the prior year, the business posted $0.97 EPS. The company’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. On average, equities research analysts predict that Alaska Air Group, Inc. will post 6.03 earnings per share for the current year.

Insider Activity

In other news, EVP Andrew R. Harrison sold 14,500 shares of Alaska Air Group stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $54.81, for a total transaction of $794,745.00. Following the completion of the sale, the executive vice president directly owned 20,195 shares in the company, valued at approximately $1,106,887.95. This trade represents a 41.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kyle B. Levine sold 2,945 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $60.02, for a total value of $176,758.90. Following the completion of the sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 56,945 shares of company stock worth $3,204,569 in the last 90 days. 1.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Invesco Ltd. boosted its position in shares of Alaska Air Group by 18.7% in the 4th quarter. Invesco Ltd. now owns 973,636 shares of the transportation company’s stock worth $48,974,000 after buying an additional 153,340 shares in the last quarter. Corient Private Wealth LLC grew its position in shares of Alaska Air Group by 205.0% in the fourth quarter. Corient Private Wealth LLC now owns 100,998 shares of the transportation company’s stock valued at $5,080,000 after purchasing an additional 67,882 shares during the last quarter. Delta Global Management LP purchased a new position in shares of Alaska Air Group during the 4th quarter worth approximately $2,200,000. SummitTX Capital L.P. raised its position in shares of Alaska Air Group by 6,639.0% during the 4th quarter. SummitTX Capital L.P. now owns 272,524 shares of the transportation company’s stock worth $13,708,000 after purchasing an additional 268,480 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC purchased a new stake in Alaska Air Group in the 4th quarter valued at approximately $1,498,000. Hedge funds and other institutional investors own 81.90% of the company’s stock.

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.