Alaska Air Group (NYSE:ALK) EVP Kyle Levine Sells 2,945 Shares

Alaska Air Group, Inc. (NYSE:ALK) EVP Kyle Levine sold 2,945 shares of the stock in a transaction 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 transaction, the executive vice president owned 20,977 shares of the company’s stock, valued at $1,259,039.54. The trade was a 12.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Alaska Air Group Price Performance

NYSE ALK traded down $1.71 during trading hours on Wednesday, hitting $57.43. The company had a trading volume of 2,002,318 shares, compared to its average volume of 3,843,013. The firm has a 50 day simple moving average of $51.29 and a 200 day simple moving average of $50.98. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.46 and a current ratio of 0.50. Alaska Air Group, Inc. has a 52 week low of $37.63 and a 52 week high of $78.08. The firm has a market capitalization of $6.66 billion, a price-to-earnings ratio of 66.01, a PEG ratio of 0.54 and a beta of 1.21.

Alaska Air Group (NYSE:ALK) last issued its quarterly earnings data 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 company had revenue of $3.63 billion for the quarter, compared to the consensus estimate of $3.64 billion. During the same quarter last year, the business posted $0.97 earnings per share. The firm’s revenue 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. Equities research analysts expect that Alaska Air Group, Inc. will post 6.03 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on ALK. Wall Street Zen raised shares of Alaska Air Group from a “sell” rating to a “hold” rating in a research note on Friday, January 23rd. Barclays reaffirmed an “overweight” rating and issued a $70.00 price objective (up from $60.00) on shares of Alaska Air Group in a research report on Monday, January 12th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Alaska Air Group in a research note on Monday, December 29th. TD Cowen decreased their price target on shares of Alaska Air Group from $64.00 to $63.00 and set a “buy” rating on the stock in a research report on Friday, January 30th. Finally, Citigroup reissued a “buy” rating and issued a $69.00 target price (up from $61.00) on shares of Alaska Air Group in a report on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Alaska Air Group has an average rating of “Moderate Buy” and a consensus target price of $71.40.

Institutional Trading of Alaska Air Group

Hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its position in shares of Alaska Air Group by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 11,059,404 shares of the transportation company’s stock valued at $556,288,000 after buying an additional 110,628 shares during the period. Dimensional Fund Advisors LP lifted its stake in Alaska Air Group by 0.9% in the third quarter. Dimensional Fund Advisors LP now owns 6,273,084 shares of the transportation company’s stock worth $312,280,000 after acquiring an additional 56,225 shares during the period. American Century Companies Inc. boosted its stake in shares of Alaska Air Group by 1.3% during the second quarter. American Century Companies Inc. now owns 3,266,619 shares of the transportation company’s stock valued at $161,632,000 after purchasing an additional 42,454 shares in the last quarter. Capital Research Global Investors boosted its position in Alaska Air Group by 86.8% during the 4th quarter. Capital Research Global Investors now owns 3,175,350 shares of the transportation company’s stock valued at $159,720,000 after acquiring an additional 1,475,350 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA grew its stake in Alaska Air Group by 24.8% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,962,620 shares of the transportation company’s stock valued at $149,020,000 after purchasing an additional 588,119 shares during the last quarter. 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.