Vanguard Group Inc. Acquires 110,628 Shares of Alaska Air Group, Inc. $ALK

Vanguard Group Inc. boosted its holdings in Alaska Air Group, Inc. (NYSE:ALK) by 1.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 11,059,404 shares of the transportation company’s stock after buying an additional 110,628 shares during the period. Vanguard Group Inc. owned approximately 0.10% of Alaska Air Group worth $556,288,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Foster Dykema Cabot & Partners LLC bought a new position in shares of Alaska Air Group during the 3rd quarter valued at $28,000. AlphaQuest LLC bought a new position in shares of Alaska Air Group during the 3rd quarter valued at $34,000. Smartleaf Asset Management LLC lifted its holdings in shares of Alaska Air Group by 43.2% during the 3rd quarter. Smartleaf Asset Management LLC now owns 838 shares of the transportation company’s stock valued at $42,000 after buying an additional 253 shares during the period. Country Trust Bank bought a new position in shares of Alaska Air Group during the 3rd quarter valued at $45,000. Finally, Bessemer Group Inc. lifted its holdings in shares of Alaska Air Group by 34.2% during the 3rd quarter. Bessemer Group Inc. now owns 1,588 shares of the transportation company’s stock valued at $79,000 after buying an additional 405 shares during the period. 81.90% of the stock is owned by institutional investors.

Alaska Air Group Trading Down 4.1%

NYSE:ALK opened at $36.97 on Tuesday. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.43 and a quick ratio of 0.39. The firm has a market capitalization of $4.19 billion, a price-to-earnings ratio of 69.75 and a beta of 1.25. Alaska Air Group, Inc. has a one year low of $33.03 and a one year high of $65.88. The business has a fifty day moving average price of $41.85 and a 200-day moving average price of $46.09.

Alaska Air Group (NYSE:ALK) last posted its quarterly earnings data on Monday, April 20th. The transportation company reported ($1.68) EPS for the quarter, missing the consensus estimate of ($1.61) by ($0.07). The company had revenue of $3.30 billion during the quarter, compared to analysts’ expectations of $3.31 billion. Alaska Air Group had a return on equity of 4.96% and a net margin of 0.51%.The company’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter last year, the company earned ($0.77) earnings per share. Alaska Air Group has set its Q2 2026 guidance at -1.000–1.000 EPS. Sell-side analysts forecast that Alaska Air Group, Inc. will post -0.22 EPS for the current year.

Insiders Place Their Bets

In other Alaska Air Group news, CFO Shane R. Tackett sold 24,000 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $57.15, for a total value of $1,371,600.00. Following the completion of the sale, the chief financial officer owned 43,377 shares in the company, valued at approximately $2,478,995.55. This represents a 35.62% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Andrew R. Harrison sold 5,500 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $56.63, for a total value of $311,465.00. Following the completion of the sale, the executive vice president owned 30,828 shares of the company’s stock, valued at $1,745,789.64. The trade was a 15.14% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 56,945 shares of company stock worth $3,204,569. Corporate insiders own 1.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on ALK shares. Cantor Fitzgerald set a $63.00 price target on Alaska Air Group in a report on Friday, January 30th. Citigroup cut Alaska Air Group from a “buy” rating to a “sell” rating and lowered their price target for the company from $51.00 to $32.00 in a report on Friday. Zacks Research lowered Alaska Air Group from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 7th. Susquehanna reduced their price objective on Alaska Air Group from $55.00 to $50.00 and set a “positive” rating for the company in a research note on Wednesday, April 22nd. Finally, Weiss Ratings upgraded Alaska Air Group from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, March 9th. Eleven analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $61.85.

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.