Shane Tackett Sells 10,000 Shares of Alaska Air Group (NYSE:ALK) Stock

Alaska Air Group, Inc. (NYSE:ALK) CFO Shane Tackett sold 10,000 shares of the stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $55.00, for a total value of $550,000.00. Following the transaction, the chief financial officer owned 33,530 shares of the company’s stock, valued at $1,844,150. This represents a 22.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Alaska Air Group Stock Down 1.7%

ALK opened at $59.21 on Wednesday. The firm has a market cap of $6.87 billion, a price-to-earnings ratio of 68.06, a PEG ratio of 0.54 and a beta of 1.21. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.46 and a current ratio of 0.50. The firm’s 50-day simple moving average is $51.29 and its 200-day simple moving average is $50.98. Alaska Air Group, Inc. has a twelve month low of $37.63 and a twelve month high of $78.08.

Alaska Air Group (NYSE:ALK) last released its quarterly earnings results on Thursday, January 22nd. The transportation company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.32. The firm had revenue of $3.63 billion for the quarter, compared to analyst estimates of $3.64 billion. Alaska Air Group had a net margin of 0.70% and a return on equity of 7.22%. The company’s revenue for the quarter was up 2.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.97 earnings per share. 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 anticipate that Alaska Air Group, Inc. will post 6.03 EPS for the current fiscal year.

Analyst Ratings Changes

ALK has been the subject of a number of research reports. Wall Street Zen raised shares of Alaska Air Group from a “sell” rating to a “hold” rating in a report on Friday, January 23rd. Cantor Fitzgerald set a $63.00 price objective on Alaska Air Group in a research report on Friday, January 30th. Raymond James Financial restated an “outperform” rating and set a $71.00 target price on shares of Alaska Air Group in a research report on Friday, December 19th. Zacks Research upgraded Alaska Air Group from a “strong sell” rating to a “hold” rating in a report on Friday, December 5th. Finally, Barclays reiterated 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. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $71.40.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Brighton Jones LLC boosted its position in shares of Alaska Air Group by 2,046.4% during the fourth quarter. Brighton Jones LLC now owns 96,932 shares of the transportation company’s stock worth $6,276,000 after purchasing an additional 92,416 shares in the last quarter. Empowered Funds LLC lifted its holdings in Alaska Air Group by 60.2% during the first quarter. Empowered Funds LLC now owns 6,423 shares of the transportation company’s stock worth $316,000 after acquiring an additional 2,414 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Alaska Air Group by 81.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 340,258 shares of the transportation company’s stock valued at $16,747,000 after acquiring an additional 152,953 shares during the period. Intech Investment Management LLC acquired a new position in Alaska Air Group in the first quarter valued at about $1,318,000. Finally, US Bancorp DE increased its holdings in shares of Alaska Air Group by 3.1% in the second quarter. US Bancorp DE now owns 22,654 shares of the transportation company’s stock worth $1,121,000 after acquiring an additional 672 shares in the last quarter. Institutional investors and hedge funds 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.