Key Points
- EVP Kyle Levine sold 2,945 Alaska Air shares on Feb. 9 at an average price of $60.02 for $176,758.90, trimming his stake by 12.31% to 20,977 shares (about $1.26M).
- Alaska Air beat Q4 EPS estimates ($0.43 vs. $0.11) with revenue roughly in line at $3.63B, and set guidance of Q1 2026 EPS of -1.50 to -0.50 and FY 2026 EPS of 3.50 to 6.50 (analysts expect ~6.03 EPS).
- ALK opened at $57.43 (down 2.9%), with a market cap of $6.66B, a P/E of 66, a 12‑month range of $37.63–$78.08, ~81.9% institutional ownership, and a consensus rating of Moderate Buy with an average target of $71.40.
Alaska Air Group, Inc. (NYSE:ALK - Get Free Report) EVP Kyle Levine sold 2,945 shares of the business's stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $60.02, for a total transaction of $176,758.90. Following the transaction, the executive vice president directly owned 20,977 shares in the company, valued at $1,259,039.54. The trade was a 12.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Alaska Air Group Stock Down 2.9%
ALK stock opened at $57.43 on Thursday. The company has a 50 day moving average of $51.53 and a two-hundred day moving average of $51.02. The company has a market cap of $6.66 billion, a price-to-earnings ratio of 66.01, a PEG ratio of 0.53 and a beta of 1.21. Alaska Air Group, Inc. has a 12-month low of $37.63 and a 12-month high of $78.08. The company has a quick ratio of 0.46, a current ratio of 0.50 and a debt-to-equity ratio of 1.17.
Alaska Air Group (NYSE:ALK - Get Free Report) last posted its quarterly earnings results on Thursday, January 22nd. The transportation company reported $0.43 earnings per share for the quarter, topping analysts' consensus estimates of $0.11 by $0.32. Alaska Air Group had a net margin of 0.70% and a return on equity of 7.22%. The business had revenue of $3.63 billion for the quarter, compared to the consensus estimate of $3.64 billion. During the same period in the prior year, the business posted $0.97 earnings per share. Alaska Air Group's revenue for the quarter 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. On average, equities analysts anticipate that Alaska Air Group, Inc. will post 6.03 earnings per share for the current fiscal year.
Institutional Trading of Alaska Air Group
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ALK. Coastwise Capital Group LLC increased its position in Alaska Air Group by 13.1% during the fourth quarter. Coastwise Capital Group LLC now owns 6,024 shares of the transportation company's stock worth $303,000 after acquiring an additional 700 shares during the period. MIdWestOne Financial Group Inc. grew its position in Alaska Air Group by 213.9% in the 4th quarter. MIdWestOne Financial Group Inc. now owns 26,613 shares of the transportation company's stock worth $1,339,000 after purchasing an additional 18,135 shares during the last quarter. Picton Mahoney Asset Management bought a new position in shares of Alaska Air Group during the 4th quarter worth about $3,417,000. Heartland Advisors Inc. raised its position in shares of Alaska Air Group by 96.1% during the fourth quarter. Heartland Advisors Inc. now owns 41,160 shares of the transportation company's stock valued at $2,070,000 after buying an additional 20,170 shares during the last quarter. Finally, LPL Financial LLC grew its position in Alaska Air Group by 38.0% during the fourth quarter. LPL Financial LLC now owns 150,652 shares of the transportation company's stock worth $7,578,000 after buying an additional 41,512 shares in the last quarter. Institutional investors and hedge funds own 81.90% of the company's stock.
Analyst Upgrades and Downgrades
Several brokerages recently commented on ALK. Wall Street Zen raised Alaska Air Group from a "sell" rating to a "hold" rating in a research note on Friday, January 23rd. Barclays reissued an "overweight" rating and issued a $70.00 target price (up from $60.00) on shares of Alaska Air Group in a research report on Monday, January 12th. Bank of America lifted their price objective on shares of Alaska Air Group from $62.00 to $70.00 and gave the company a "buy" rating in a research note on Tuesday, January 6th. Cantor Fitzgerald set a $63.00 price objective on shares of Alaska Air Group in a report on Friday, January 30th. Finally, Susquehanna boosted their price target on Alaska Air Group from $52.00 to $70.00 and gave the stock a "positive" rating in a research report on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $71.40.
Read Our Latest Research Report on Alaska Air Group
Alaska Air Group Company Profile
(
Get Free Report)
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.
Further Reading
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