Key Points
- Alaska Air EVP Andrew Harrison sold 14,500 shares on Feb. 13 at an average price of $54.81 for a total of $794,745, cutting his stake by 41.79% to 20,195 shares (valued about $1.11M).
- Alaska Air reported quarterly EPS of $0.43 (beating estimates) with revenue roughly in line, set FY‑2026 guidance of 3.50–6.50 EPS, and carries a MarketBeat consensus analyst rating of "Moderate Buy" with a $71.40 price target.
Alaska Air Group, Inc. (NYSE:ALK - Get Free Report) EVP Andrew Harrison sold 14,500 shares of the firm's stock in a transaction on Friday, February 13th. The stock was sold at an average price of $54.81, for a total value of $794,745.00. Following the completion of the sale, the executive vice president directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Alaska Air Group Stock Up 3.3%
ALK stock opened at $57.08 on Wednesday. Alaska Air Group, Inc. has a fifty-two week low of $37.63 and a fifty-two week high of $78.08. The company has a market capitalization of $6.62 billion, a price-to-earnings ratio of 65.61, a price-to-earnings-growth ratio of 0.50 and a beta of 1.21. The business's 50 day moving average price is $52.07 and its two-hundred day moving average price is $51.08. 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 (NYSE:ALK - Get Free Report) last issued its quarterly earnings results on Thursday, January 22nd. The transportation company reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $3.63 billion during the quarter, compared to analyst estimates of $3.64 billion. During the same period last year, the business earned $0.97 EPS. Alaska Air Group's quarterly 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. As a group, analysts forecast that Alaska Air Group, Inc. will post 6.03 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several research firms recently commented on ALK. UBS Group set a $77.00 price objective on Alaska Air Group and gave the company a "buy" rating in a research report on Friday, December 12th. Barclays reaffirmed an "overweight" rating and issued a $70.00 price objective (up previously from $60.00) on shares of Alaska Air Group in a research note on Monday, January 12th. Raymond James Financial reissued an "outperform" rating and set a $71.00 price target on shares of Alaska Air Group in a report on Friday, December 19th. Citigroup reissued a "buy" rating and issued a $69.00 target price (up previously from $61.00) on shares of Alaska Air Group in a report on Wednesday, January 7th. Finally, Bank of America increased their price target on Alaska Air Group from $62.00 to $70.00 and gave the company a "buy" rating in a research note on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $71.40.
Read Our Latest Stock Analysis on Alaska Air Group
Institutional Investors Weigh In On Alaska Air Group
Institutional investors have recently added to or reduced their stakes in the stock. Allianz Asset Management GmbH raised its position in shares of Alaska Air Group by 40.1% during the third quarter. Allianz Asset Management GmbH now owns 173,610 shares of the transportation company's stock worth $8,642,000 after acquiring an additional 49,663 shares during the last quarter. Itau Unibanco Holding S.A. bought a new stake in Alaska Air Group during the 2nd quarter worth about $594,000. Arista Wealth Management LLC acquired a new position in Alaska Air Group during the 3rd quarter valued at about $417,000. Summit Investment Advisors Inc. bought a new position in shares of Alaska Air Group in the 1st quarter valued at about $1,192,000. Finally, Friedenthal Financial acquired a new stake in shares of Alaska Air Group during the 3rd quarter worth approximately $979,000. Institutional investors own 81.90% of the company's stock.
About Alaska Air Group
(
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.
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