Private Advisory Group LLC Purchases Shares of 226,465 Alaska Air Group, Inc. $ALK

Private Advisory Group LLC purchased a new stake in Alaska Air Group, Inc. (NYSE:ALK) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 226,465 shares of the transportation company’s stock, valued at approximately $11,391,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Brighton Jones LLC raised its stake in shares of Alaska Air Group by 2,046.4% in the 4th quarter. Brighton Jones LLC now owns 96,932 shares of the transportation company’s stock valued at $6,276,000 after purchasing an additional 92,416 shares during the period. Empowered Funds LLC raised its position in Alaska Air Group by 60.2% in the 1st quarter. Empowered Funds LLC now owns 6,423 shares of the transportation company’s stock valued at $316,000 after buying an additional 2,414 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Alaska Air Group by 81.7% in the 1st 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 in the last quarter. Intech Investment Management LLC acquired a new position in Alaska Air Group during the 1st quarter worth approximately $1,318,000. Finally, MAI Capital Management grew its stake in shares of Alaska Air Group by 80.5% during the 2nd quarter. MAI Capital Management now owns 628 shares of the transportation company’s stock worth $31,000 after acquiring an additional 280 shares in the last quarter. 81.90% of the stock is currently owned by institutional investors and hedge funds.

Alaska Air Group Stock Performance

NYSE ALK opened at $36.21 on Monday. The firm has a market capitalization of $4.15 billion, a P/E ratio of 41.62, a price-to-earnings-growth ratio of 0.38 and a beta of 1.16. The company has a current ratio of 0.50, a quick ratio of 0.46 and a debt-to-equity ratio of 1.17. The firm’s fifty day moving average price is $48.56 and its two-hundred day moving average price is $48.29. Alaska Air Group, Inc. has a 1 year low of $35.89 and a 1 year high of $65.88.

Alaska Air Group (NYSE:ALK) last released its quarterly earnings data on Thursday, January 22nd. The transportation company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.32. The company 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%. Alaska Air Group’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 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. As a group, research analysts anticipate that Alaska Air Group, Inc. will post 6.03 EPS for the current year.

Insiders Place Their Bets

In other news, EVP Andrew R. Harrison sold 14,500 shares of Alaska Air Group stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $54.81, for a total transaction of $794,745.00. Following the completion of the transaction, the executive vice president directly owned 20,195 shares in the company, valued at approximately $1,106,887.95. The trade was a 41.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Kyle B. Levine sold 2,945 shares of Alaska Air Group stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $60.02, for a total value of $176,758.90. Following the transaction, the executive vice president owned 20,977 shares of the company’s stock, valued at $1,259,039.54. This represents a 12.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 56,945 shares of company stock valued at $3,204,569 over the last 90 days. 0.92% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. UBS Group cut their price objective on shares of Alaska Air Group from $60.00 to $53.00 and set a “buy” rating on the stock in a research report on Monday, March 23rd. TD Cowen lowered their price target on shares of Alaska Air Group from $63.00 to $54.00 and set a “buy” rating on the stock in a research note on Monday, March 9th. Barclays reissued an “overweight” rating and set a $70.00 price target (up from $60.00) on shares of Alaska Air Group in a research report on Monday, January 12th. Zacks Research upgraded shares of Alaska Air Group from a “strong sell” rating to a “hold” rating in a research note on Friday, December 5th. Finally, Weiss Ratings upgraded Alaska Air Group from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, March 9th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Alaska Air Group currently has an average rating of “Moderate Buy” and a consensus target price of $64.82.

Alaska Air Group 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.