UBS Group AG Sells 1,012,077 Shares of Alaska Air Group, Inc. $ALK

UBS Group AG lowered its position in Alaska Air Group, Inc. (NYSE:ALK) by 49.2% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,046,061 shares of the transportation company’s stock after selling 1,012,077 shares during the period. UBS Group AG’s holdings in Alaska Air Group were worth $52,617,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Foster Dykema Cabot & Partners LLC bought a new stake in shares of Alaska Air Group during the third quarter worth $28,000. AlphaQuest LLC bought a new stake in shares of Alaska Air Group during the third quarter worth $34,000. Smartleaf Asset Management LLC increased its position in shares of Alaska Air Group by 43.2% during the third quarter. Smartleaf Asset Management LLC now owns 838 shares of the transportation company’s stock worth $42,000 after acquiring an additional 253 shares in the last quarter. Country Trust Bank bought a new position in shares of Alaska Air Group during the 3rd quarter worth approximately $45,000. Finally, Bessemer Group Inc. grew its stake 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 worth $79,000 after acquiring an additional 405 shares in the last quarter. Institutional investors own 81.90% of the company’s stock.

Insider Buying and Selling at Alaska Air Group

In related news, EVP Kyle B. Levine sold 2,945 shares of Alaska Air Group stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $60.02, for a total transaction of $176,758.90. Following the completion of the transaction, the executive vice president owned 20,977 shares in the company, valued at approximately $1,259,039.54. This trade represents a 12.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Andrew R. Harrison sold 14,500 shares of Alaska Air Group stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $54.81, for a total value of $794,745.00. Following the transaction, the executive vice president owned 20,195 shares of the company’s stock, valued at $1,106,887.95. The trade was a 41.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 56,945 shares of company stock worth $3,204,569 over the last ninety days. 1.00% of the stock is currently owned by corporate insiders.

Alaska Air Group Stock Up 4.1%

ALK stock opened at $38.47 on Wednesday. The company has a quick ratio of 0.39, a current ratio of 0.43 and a debt-to-equity ratio of 1.29. The business has a 50 day moving average price of $41.57 and a two-hundred day moving average price of $46.01. The company has a market cap of $4.36 billion, a price-to-earnings ratio of 72.58 and a beta of 1.25. Alaska Air Group, Inc. has a twelve month low of $33.03 and a twelve month high of $65.88.

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

Analysts Set New Price Targets

Several brokerages have recently weighed in on ALK. BMO Capital Markets raised their price target on shares of Alaska Air Group from $42.50 to $55.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 22nd. Evercore set a $60.00 price target on shares of Alaska Air Group in a research note on Friday, April 17th. Cantor Fitzgerald set a $63.00 price target on shares of Alaska Air Group in a research note on Friday, January 30th. TD Cowen decreased their price target on shares of Alaska Air Group from $63.00 to $54.00 and set a “buy” rating for the company in a research note on Monday, March 9th. Finally, Barclays reaffirmed an “overweight” rating and set a $70.00 price target (up from $60.00) on shares of Alaska Air Group in a research note on Monday, January 12th. Eleven analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Alaska Air Group has an average rating of “Moderate Buy” and a consensus target price of $61.85.

Trending Headlines about Alaska Air Group

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

• Positive Sentiment: Zacks raised long?range/late?cycle estimates — including FY2028 to $9.61 (from $9.18) and bumps to several 2027/2028 quarter forecasts — which suggests the research team still models a substantial recovery in later years that could support upside if execution and demand improve.
• Neutral Sentiment: The market consensus full?year EPS remains around ($0.22), so while Zacks’ internal path for near?term years changed dramatically, aggregate street expectations have not been fully re?priced higher or lower yet.
• Negative Sentiment: Zacks sharply cut near?term guidance: Q2 2026 to ($1.00) (from $1.84), Q3 2026 to $0.36 (from $1.46), Q4 2026 to ($0.42) (from $1.39) and slashed FY2026 to ($2.73) (from $3.07). The firm also trimmed FY2027 and several 2027 quarter forecasts while maintaining a “Strong Sell” rating — moves that directly pressure the stock by lowering expected earnings and raising investor uncertainty.
• Negative Sentiment: Broader industry cost pressure: jet fuel prices have surged amid geopolitical tensions (Iran conflict), increasing airline operating costs and prompting capacity cuts industry?wide. That dynamic raises the risk of margin compression for Alaska Air even if demand holds. Jet Fuel Prices Are Soaring. Airlines and Travelers Will Feel It. — Barron’s

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.