Rep. Julie Johnson Sells Off Shares of Alaska Air Group, Inc. (NYSE:ALK)

Representative Julie Johnson (D-Texas) recently sold shares of Alaska Air Group, Inc. (NYSE:ALK). In a filing disclosed on November 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Alaska Air Group stock on October 22nd. The trade occurred in the Representative’s “MERRILL LYNCH LONG TERM GROWTH” account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 10/31/2025.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 10/31/2025.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 10/27/2025.
• Sold $1,001 – $15,000 in shares of Deere & Company (NYSE:DE) on 10/22/2025.
• Sold $1,001 – $15,000 in shares of Weyerhaeuser (NYSE:WY) on 10/22/2025.
• Sold $1,001 – $15,000 in shares of F5 (NASDAQ:FFIV) on 10/22/2025.
• Sold $1,001 – $15,000 in shares of Gen Digital (NASDAQ:GEN) on 10/22/2025.
• Sold $1,001 – $15,000 in shares of The PNC Financial Services Group (NYSE:PNC) on 10/21/2025.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 10/21/2025.
• Sold $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 10/8/2025.

Alaska Air Group Stock Performance

Shares of ALK opened at $39.05 on Wednesday. The firm has a 50-day moving average price of $48.41 and a 200 day moving average price of $51.56. The firm has a market capitalization of $4.53 billion, a PE ratio of 31.49, a P/E/G ratio of 0.80 and a beta of 1.41. The company has a quick ratio of 0.49, a current ratio of 0.52 and a debt-to-equity ratio of 1.12. Alaska Air Group, Inc. has a 52-week low of $38.62 and a 52-week high of $78.08.

Alaska Air Group (NYSE:ALK) last issued its quarterly earnings results on Thursday, October 23rd. The transportation company reported $1.05 earnings per share for the quarter, missing analysts’ consensus estimates of $1.11 by ($0.06). The company had revenue of $3.77 billion during the quarter, compared to analyst estimates of $3.75 billion. Alaska Air Group had a return on equity of 8.93% and a net margin of 1.06%.The company’s revenue was up 22.6% on a year-over-year basis. During the same period in the prior year, the company posted $2.25 earnings per share. On average, sell-side analysts anticipate that Alaska Air Group, Inc. will post 6.03 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Alaska Air Group

Several hedge funds have recently modified their holdings of the stock. Brooklyn Investment Group increased its position in Alaska Air Group by 41.1% in the first quarter. Brooklyn Investment Group now owns 632 shares of the transportation company’s stock worth $31,000 after purchasing an additional 184 shares during the period. US Bancorp DE boosted its stake in shares of Alaska Air Group by 1.0% in the 1st quarter. US Bancorp DE now owns 21,982 shares of the transportation company’s stock valued at $1,082,000 after purchasing an additional 210 shares during the last quarter. Ellis Investment Partners LLC grew its position in shares of Alaska Air Group by 0.5% during the 3rd quarter. Ellis Investment Partners LLC now owns 40,885 shares of the transportation company’s stock worth $2,035,000 after buying an additional 212 shares during the period. Signaturefd LLC grew its position in shares of Alaska Air Group by 7.8% during the 2nd quarter. Signaturefd LLC now owns 3,113 shares of the transportation company’s stock worth $154,000 after buying an additional 225 shares during the period. Finally, Concurrent Investment Advisors LLC raised its stake in shares of Alaska Air Group by 3.3% during the second quarter. Concurrent Investment Advisors LLC now owns 7,237 shares of the transportation company’s stock worth $358,000 after buying an additional 232 shares during the last quarter. 81.90% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have weighed in on ALK. JPMorgan Chase & Co. upped their target price on Alaska Air Group from $73.00 to $96.00 and gave the stock an “overweight” rating in a research report on Friday, September 12th. Weiss Ratings restated a “sell (d+)” rating on shares of Alaska Air Group in a report on Thursday, November 13th. Evercore ISI decreased their target price on Alaska Air Group from $70.00 to $65.00 and set an “outperform” rating for the company in a research note on Tuesday, September 16th. Cowen reiterated a “buy” rating on shares of Alaska Air Group in a research report on Monday, November 3rd. Finally, Cantor Fitzgerald set a $65.00 price target on shares of Alaska Air Group in a report on Monday, November 3rd. Twelve research analysts have rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Alaska Air Group has an average rating of “Moderate Buy” and an average price target of $73.08.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

Alaska Air Group Company 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.