54,023 Shares in Alaska Air Group, Inc. $ALK Purchased by Quantbot Technologies LP

Quantbot Technologies LP bought a new stake in Alaska Air Group, Inc. (NYSE:ALK) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 54,023 shares of the transportation company’s stock, valued at approximately $2,820,000.

Other hedge funds also recently modified their holdings of the company. Atlas Capital Advisors Inc. acquired a new position in shares of Alaska Air Group in the fourth quarter valued at approximately $26,000. First Command Advisory Services Inc. grew its stake in Alaska Air Group by 242.5% in the 4th 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 period. Compound Global Advisors LLC purchased a new stake in Alaska Air Group in the 2nd quarter worth approximately $39,000. Cedar Mountain Advisors LLC raised its holdings in Alaska Air Group by 963.3% in the 2nd quarter. Cedar Mountain Advisors LLC now owns 840 shares of the transportation company’s stock valued at $44,000 after acquiring an additional 761 shares during the last quarter. Finally, SBI Securities Co. Ltd. raised its holdings in Alaska Air Group by 30.4% in the 4th quarter. SBI Securities Co. Ltd. now owns 910 shares of the transportation company’s stock valued at $46,000 after acquiring an additional 212 shares during the last quarter. 81.90% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, EVP Andrew R. Harrison sold 5,300 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $49.67, for a total transaction of $263,251.00. Following the completion of the sale, the executive vice president owned 25,528 shares of the company’s stock, valued at approximately $1,267,975.76. This represents a 17.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Benito Minicucci purchased 25,000 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The stock was acquired at an average price of $40.06 per share, for a total transaction of $1,001,500.00. Following the acquisition, the chief executive officer directly owned 256,582 shares of the company’s stock, valued at $10,278,674.92. This trade represents a 10.80% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 1.00% of the company’s stock.

Key Headlines Impacting Alaska Air Group

Here are the key news stories impacting Alaska Air Group this week:

• Positive Sentiment: CEO Benito Minicucci purchased 25,000 Alaska Air shares at an average price of $40.06, investing approximately $1 million and increasing his direct ownership by 10.8%. The sizable open-market purchase may support investor confidence that management views the selloff as an attractive entry point. Alaska Air CEO share purchase article
• Positive Sentiment: Alaska Airlines plans to add nonstop Seattle flights to Athens and Paris in 2027. The new routes expand its long-haul network and could create additional revenue opportunities while strengthening Seattle as a global gateway. Alaska Airlines Athens and Paris routes article
• Neutral Sentiment: The stock has declined about 28% over the referenced period and was down 7.1% since its latest earnings report, keeping valuation and management’s insider purchase in focus. The decline also reflects continued concerns about the airline’s earnings outlook.
• Negative Sentiment: Alaska Air’s latest quarterly results showed a loss of $0.92 per share, although that was better than the $0.99 consensus estimate. Revenue increased 9.7% year over year to $4.07 billion but slightly missed expectations, and the company remained unprofitable. Analysts expect a full-year loss, indicating that the new international routes may take time to contribute meaningfully.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on ALK shares. UBS Group reissued a “buy” rating and set a $62.00 price target (up from $56.00) on shares of Alaska Air Group in a research note on Tuesday, June 23rd. Barclays set a $65.00 target price on Alaska Air Group and gave the company an “overweight” rating in a research note on Wednesday, July 22nd. Zacks Research upgraded Alaska Air Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 6th. Weiss Ratings lowered Alaska Air Group from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, August 18th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $69.00 price target (up from $58.00) on shares of Alaska Air Group in a report on Thursday, July 2nd. Eleven equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $65.65.

Alaska Air Group Stock Performance

NYSE:ALK opened at $40.46 on Monday. The company has a market cap of $4.51 billion, a P/E ratio of -25.77 and a beta of 1.29. The firm’s 50 day moving average is $48.09 and its two-hundred day moving average is $45.36. Alaska Air Group, Inc. has a fifty-two week low of $33.03 and a fifty-two week high of $65.88. The company has a quick ratio of 0.51, a current ratio of 0.55 and a debt-to-equity ratio of 1.58.

Alaska Air Group (NYSE:ALK) last released its quarterly earnings data on Tuesday, July 21st. The transportation company reported ($0.92) EPS for the quarter, topping analysts’ consensus estimates of ($0.99) by $0.07. Alaska Air Group had a negative return on equity of 3.11% and a negative net margin of 1.19%.The business had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $4.09 billion. During the same period in the prior year, the firm posted $1.42 EPS. The business’s revenue for the quarter was up 9.7% on a year-over-year basis. Alaska Air Group has set its Q3 2026 guidance at 0.000-1.000 EPS. Analysts expect that Alaska Air Group, Inc. will post -1.22 EPS for the current year.

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.