Alaska Air Group (NYSE:ALK) Rating Lowered to “Sell” at Wall Street Zen

Alaska Air Group (NYSE:ALK) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday.

Other research analysts have also issued reports about the company. TD Cowen lowered their price objective on Alaska Air Group from $63.00 to $54.00 and set a “buy” rating for the company in a research report on Monday, March 9th. Citigroup cut their target price on Alaska Air Group from $69.00 to $51.00 and set a “buy” rating on the stock in a research report on Friday. UBS Group decreased their target price on Alaska Air Group from $77.00 to $60.00 and set a “buy” rating for the company in a research note on Monday, March 16th. Cantor Fitzgerald set a $63.00 target price on Alaska Air Group in a report on Friday, January 30th. Finally, Bank of America boosted 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. Nine investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $67.00.

Alaska Air Group Trading Down 2.8%

NYSE:ALK opened at $36.85 on Friday. Alaska Air Group has a 52 week low of $36.68 and a 52 week high of $65.88. 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 fifty day moving average is $49.61 and its 200-day moving average is $49.16. The firm has a market cap of $4.22 billion, a P/E ratio of 42.36, a P/E/G ratio of 0.38 and a beta of 1.16.

Alaska Air Group (NYSE:ALK) last announced its 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. The business had revenue of $3.63 billion during the quarter, compared to the consensus estimate of $3.64 billion. Alaska Air Group had a net margin of 0.70% and a return on equity of 7.22%. Alaska Air Group’s quarterly revenue was up 2.8% on a year-over-year basis. During the same quarter last year, the firm 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 analysts expect that Alaska Air Group will post 6.03 earnings per share for the current year.

Insider Activity

In related news, CFO Shane R. Tackett sold 24,000 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $57.15, for a total value of $1,371,600.00. Following the completion of the sale, the chief financial officer directly owned 43,377 shares of the company’s stock, valued at $2,478,995.55. The trade was a 35.62% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Kyle B. Levine sold 2,945 shares of the business’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $60.02, for a total value of $176,758.90. Following the completion of the sale, the executive vice president directly owned 20,977 shares of the company’s stock, valued at $1,259,039.54. The trade was a 12.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 56,945 shares of company stock worth $3,204,569. Company insiders own 0.92% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Hsbc Holdings PLC increased its holdings in shares of Alaska Air Group by 144.3% during the fourth quarter. Hsbc Holdings PLC now owns 84,257 shares of the transportation company’s stock valued at $4,234,000 after acquiring an additional 49,762 shares in the last quarter. Rockefeller Capital Management L.P. lifted its holdings in shares of Alaska Air Group by 618.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 42,919 shares of the transportation company’s stock worth $2,159,000 after purchasing an additional 36,945 shares in the last quarter. Pacer Advisors Inc. grew its position in Alaska Air Group by 38.4% in the 4th quarter. Pacer Advisors Inc. now owns 21,024 shares of the transportation company’s stock valued at $1,058,000 after purchasing an additional 5,834 shares during the period. Kera Capital Partners Inc. grew its position in Alaska Air Group by 15.1% in the 4th quarter. Kera Capital Partners Inc. now owns 4,746 shares of the transportation company’s stock valued at $241,000 after purchasing an additional 624 shares during the period. Finally, Invesco Ltd. increased its stake in Alaska Air Group by 18.7% during the 4th quarter. Invesco Ltd. now owns 973,636 shares of the transportation company’s stock valued at $48,974,000 after purchasing an additional 153,340 shares in the last quarter. Institutional investors own 81.90% of the company’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.