Alaska Air Group, Inc. $ALK Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC trimmed its holdings in Alaska Air Group, Inc. (NYSE:ALK) by 3.0% in the second quarter, HoldingsChannel.com reports. The firm owned 41,192 shares of the transportation company’s stock after selling 1,278 shares during the quarter. Yousif Capital Management LLC’s holdings in Alaska Air Group were worth $2,038,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brooklyn Investment Group boosted its holdings in Alaska Air Group by 41.1% in the first quarter. Brooklyn Investment Group now owns 632 shares of the transportation company’s stock valued at $31,000 after purchasing an additional 184 shares in the last quarter. Headlands Technologies LLC purchased a new stake in Alaska Air Group in the first quarter valued at approximately $71,000. KBC Group NV purchased a new stake in Alaska Air Group in the first quarter valued at approximately $76,000. State of Wyoming purchased a new stake in Alaska Air Group in the first quarter valued at approximately $92,000. Finally, UMB Bank n.a. lifted its stake in Alaska Air Group by 71.9% in the second quarter. UMB Bank n.a. now owns 2,230 shares of the transportation company’s stock valued at $110,000 after buying an additional 933 shares during the last quarter. 81.90% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CFO Shane R. Tackett sold 5,000 shares of the company’s stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $57.06, for a total transaction of $285,300.00. Following the transaction, the chief financial officer owned 43,335 shares of the company’s stock, valued at $2,472,695.10. This represents a 10.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Andrew R. Harrison sold 7,600 shares of the company’s stock in a transaction on Monday, July 28th. The stock was sold at an average price of $53.22, for a total value of $404,472.00. Following the transaction, the executive vice president directly owned 18,930 shares in the company, valued at $1,007,454.60. This represents a 28.65% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 18,514 shares of company stock valued at $1,031,306 over the last quarter. Company insiders own 1.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Alaska Air Group in a research note on Wednesday, October 8th. JPMorgan Chase & Co. boosted their price objective on Alaska Air Group from $73.00 to $96.00 and gave the company an “overweight” rating in a research note on Friday, September 12th. Susquehanna set a $58.00 price objective on Alaska Air Group and gave the company a “positive” rating in a research note on Friday, October 3rd. Barclays boosted their price objective on Alaska Air Group from $55.00 to $60.00 and gave the company an “overweight” rating in a research note on Thursday, July 10th. Finally, Raymond James Financial set a $68.00 price objective on Alaska Air Group and gave the company an “outperform” rating in a research note on Wednesday, October 1st. Thirteen analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $71.62.

Alaska Air Group Price Performance

Alaska Air Group stock opened at $47.36 on Friday. Alaska Air Group, Inc. has a 12 month low of $39.79 and a 12 month high of $78.08. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.52 and a quick ratio of 0.49. The business has a 50 day simple moving average of $55.75 and a 200-day simple moving average of $51.74. The stock has a market capitalization of $5.46 billion, a PE ratio of 19.25, a price-to-earnings-growth ratio of 0.75 and a beta of 1.40.

Alaska Air Group (NYSE:ALK) last released its quarterly earnings results on Wednesday, July 23rd. The transportation company reported $1.78 EPS for the quarter, topping the consensus estimate of $1.56 by $0.22. Alaska Air Group had a return on equity of 12.62% and a net margin of 2.33%.The business had revenue of $3.70 billion during the quarter, compared to analysts’ expectations of $3.65 billion. During the same quarter in the prior year, the business earned $2.55 earnings per share. The company’s quarterly revenue was up 27.9% compared to the same quarter last year. Alaska Air Group has set its Q3 2025 guidance at 1.000-1.400 EPS. FY 2025 guidance at 3.250- EPS. Equities analysts predict that Alaska Air Group, Inc. will post 6.03 earnings per share for the current year.

Alaska Air Group Profile

Alaska Air Group, Inc, through its subsidiaries, operates airlines. It operates through three segments: Mainline, Regional, and Horizon. The company offers scheduled air transportation services on Boeing jet aircraft for passengers and cargo in the United States, and in parts of Canada, Mexico, Costa Rica, Belize, Guatemala, and the Bahamas; and for passengers across a shorter distance network within the United States, Canada, and Mexico.