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

Alaska Air Group, Inc. (NYSE:ALK) CFO Shane Tackett sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $55.00, for a total transaction of $550,000.00. Following the completion of the sale, the chief financial officer owned 33,530 shares in the company, valued at $1,844,150. This represents a 22.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Alaska Air Group Stock Performance

ALK traded up $0.80 during mid-day trading on Monday, reaching $60.25. 2,076,966 shares of the company traded hands, compared to its average volume of 3,894,714. The company’s fifty day moving average price is $50.60 and its 200-day moving average price is $50.86. The stock has a market capitalization of $6.99 billion, a P/E ratio of 69.25, a P/E/G ratio of 0.52 and a beta of 1.21. 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, Inc. has a 52-week low of $37.63 and a 52-week 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 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.32. The firm had revenue of $3.63 billion for the quarter, compared to the consensus estimate of $3.64 billion. Alaska Air Group had a return on equity of 7.22% and a net margin of 0.70%.The company’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same period last year, the business posted $0.97 EPS. 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, sell-side analysts expect that Alaska Air Group, Inc. will post 6.03 EPS for the current year.

Wall Street Analyst Weigh In

ALK has been the subject of a number of research reports. Citigroup reaffirmed a “buy” rating and set a $69.00 target price (up from $61.00) on shares of Alaska Air Group in a report on Wednesday, January 7th. Raymond James Financial restated an “outperform” rating and issued a $71.00 price objective on shares of Alaska Air Group in a research note on Friday, December 19th. Zacks Research raised Alaska Air Group from a “strong sell” rating to a “hold” rating in a report on Friday, December 5th. Barclays restated an “overweight” rating and issued a $70.00 price target (up previously from $60.00) on shares of Alaska Air Group in a research report on Monday, January 12th. Finally, Wall Street Zen upgraded Alaska Air Group from a “sell” rating to a “hold” rating in a research note on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $71.40.

Institutional Trading of Alaska Air Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Ellis Investment Partners LLC boosted its stake in Alaska Air Group by 0.5% in the 3rd quarter. Ellis Investment Partners LLC now owns 40,885 shares of the transportation company’s stock worth $2,035,000 after purchasing an additional 212 shares during the period. SBI Securities Co. Ltd. lifted its holdings in shares of Alaska Air Group by 30.4% in the fourth quarter. SBI Securities Co. Ltd. now owns 910 shares of the transportation company’s stock worth $46,000 after buying an additional 212 shares in the last quarter. Concurrent Investment Advisors LLC boosted its position in shares of Alaska Air Group by 3.3% during the second quarter. Concurrent Investment Advisors LLC now owns 7,237 shares of the transportation company’s stock worth $358,000 after acquiring an additional 232 shares during the last quarter. True Wealth Design LLC grew its stake in Alaska Air Group by 19.9% during the third quarter. True Wealth Design LLC now owns 1,397 shares of the transportation company’s stock valued at $70,000 after acquiring an additional 232 shares in the last quarter. Finally, Lesa Sroufe & Co lifted its stake in Alaska Air Group by 0.7% in the 3rd quarter. Lesa Sroufe & Co now owns 36,589 shares of the transportation company’s stock worth $1,821,000 after purchasing an additional 242 shares in the last quarter. Institutional investors 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.