523,685 Shares in Alaska Air Group, Inc. $ALK Purchased by Privium Fund Management UK Ltd

Privium Fund Management UK Ltd purchased a new stake in shares of Alaska Air Group, Inc. (NYSE:ALK) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 523,685 shares of the transportation company’s stock, valued at approximately $27,195,000. Alaska Air Group makes up 11.3% of Privium Fund Management UK Ltd’s investment portfolio, making the stock its 2nd largest holding.

Other hedge funds have also added to or reduced their stakes in the company. Atlas Capital Advisors Inc. purchased a new stake in shares of Alaska Air Group during the 4th quarter worth approximately $26,000. First Command Advisory Services Inc. raised its stake in shares of Alaska Air Group by 242.5% in the fourth quarter. First Command Advisory Services Inc. now owns 685 shares of the transportation company’s stock valued at $34,000 after buying an additional 485 shares during the period. Compound Global Advisors LLC bought a new stake in shares of Alaska Air Group in the second quarter valued at $39,000. Cedar Mountain Advisors LLC lifted its position in shares of Alaska Air Group by 963.3% during the 2nd quarter. Cedar Mountain Advisors LLC now owns 840 shares of the transportation company’s stock valued at $44,000 after buying an additional 761 shares during the last quarter. Finally, SBI Securities Co. Ltd. lifted its position in shares of Alaska Air Group by 30.4% during the 4th quarter. SBI Securities Co. Ltd. now owns 910 shares of the transportation company’s stock valued at $46,000 after buying an additional 212 shares during the last quarter. Institutional investors own 81.90% of the company’s stock.

Alaska Air Group Stock Performance

Alaska Air Group stock opened at $45.88 on Monday. Alaska Air Group, Inc. has a 1-year low of $33.03 and a 1-year high of $65.88. The company has a current ratio of 0.55, a quick ratio of 0.51 and a debt-to-equity ratio of 1.58. The firm has a market capitalization of $5.11 billion, a PE ratio of -29.22 and a beta of 1.29. The firm’s 50 day simple moving average is $48.38 and its 200 day simple moving average is $45.73.

Alaska Air Group (NYSE:ALK) last announced its quarterly earnings results on Tuesday, July 21st. The transportation company reported ($0.92) EPS for the quarter, beating the consensus estimate of ($0.99) by $0.07. The firm had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $4.09 billion. Alaska Air Group had a negative net margin of 1.19% and a negative return on equity of 3.11%. The business’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same period last year, the firm earned $1.42 EPS. Alaska Air Group has set its Q3 2026 guidance at 0.000-1.000 EPS. As a group, analysts expect that Alaska Air Group, Inc. will post -0.9 earnings per share for the current fiscal year.

Insider Buying and Selling at Alaska Air Group

In other Alaska Air Group news, EVP Andrew R. Harrison sold 5,300 shares of the firm’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $49.67, for a total value of $263,251.00. Following the sale, the executive vice president owned 25,528 shares of the company’s stock, valued at $1,267,975.76. This trade represents a 17.19% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.00% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on ALK shares. Bank of America upped their price objective on shares of Alaska Air Group from $60.00 to $65.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. JPMorgan Chase & Co. dropped their price target on shares of Alaska Air Group from $94.00 to $92.00 and set an “overweight” rating on the stock in a research note on Friday, July 24th. BMO Capital Markets raised their price objective on shares of Alaska Air Group from $55.00 to $62.50 and gave the stock an “outperform” rating in a report on Thursday, July 2nd. Wall Street Zen upgraded shares of Alaska Air Group from a “strong sell” rating to a “sell” rating in a research note on Thursday. Finally, Barclays set a $65.00 target price on shares of Alaska Air Group and gave the company an “overweight” rating in a report on Wednesday, July 22nd. Eleven analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Alaska Air Group presently has an average rating of “Moderate Buy” and an average price target of $65.65.

Alaska Air Group News Roundup

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

• Positive Sentiment: Zacks raised its Q3 2026 EPS estimate to $0.91 from $0.40 and its Q4 2026 forecast to $0.15 from a projected loss of $0.38. The firm also improved its FY2026 forecast to a loss of $1.54 per share, compared with its prior estimate of a $2.54 loss. Zacks Research Alaska Air Group estimates
• Positive Sentiment: Some later-period estimates were increased, including Q4 2027 EPS to $1.80 from $1.52, Q1 2028 EPS to $2.60 from $1.06, and Q2 2028 EPS to $2.17 from $1.87. These changes point to expectations for stronger earnings beyond 2026. Zacks Research forecast for Alaska Air Group earnings
• Neutral Sentiment: Zacks maintained a Hold rating on Alaska Air Group. Its revised forecasts remain uneven, with a current-year loss expected and profitability dependent on improvement in subsequent quarters.
• Negative Sentiment: Zacks reduced its Q1 2027 EPS estimate to $0.52 from $0.74, Q3 2027 to $1.94 from $2.34, and FY2027 to $6.20 from $6.31. The cuts temper the positive impact of the upgraded 2026 estimates and signal concern about the pace or durability of the recovery.
• Neutral Sentiment: A separate August 14 article discusses earnings forecasts for ALK, but the provided information does not include additional estimates or a new analyst rating.
• Neutral Sentiment: An article about tree-pollen and house-dust-mite allergy tablets recommended by the U.K.’s NICE concerns ALK-Abelló A/S (Nasdaq Copenhagen: ALK B), not Alaska Air Group. It is therefore not relevant to Alaska Air Group’s stock.

Alaska Air Group Company Profile

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.