Investment Analysts’ Recent Ratings Updates for Alaska Air Group (ALK)

A number of research firms have changed their ratings and price targets for Alaska Air Group (NYSE: ALK):

• 4/8/2025 – Alaska Air Group had its price target lowered by analysts at Barclays PLC from $80.00 to $62.00. They now have an “overweight” rating on the stock.
• 4/7/2025 – Alaska Air Group was downgraded by analysts at UBS Group AG from a “buy” rating to a “neutral” rating. They now have a $54.00 price target on the stock, down previously from $75.00.
• 4/7/2025 – Alaska Air Group had its price target lowered by analysts at Susquehanna from $95.00 to $55.00. They now have a “positive” rating on the stock.
• 4/3/2025 – Alaska Air Group had its price target lowered by analysts at Bank of America Co. from $80.00 to $70.00. They now have a “buy” rating on the stock.
• 3/20/2025 – Alaska Air Group had its price target lowered by analysts at UBS Group AG from $87.00 to $75.00. They now have a “buy” rating on the stock.
• 3/18/2025 – Alaska Air Group had its price target lowered by analysts at Citigroup Inc. from $83.00 to $81.00. They now have a “buy” rating on the stock.
• 3/3/2025 – Alaska Air Group had its price target raised by analysts at JPMorgan Chase & Co. from $85.00 to $89.00. They now have an “overweight” rating on the stock.

Alaska Air Group Stock Down 10.6 %

Shares of ALK stock traded down $5.32 on Thursday, hitting $44.96. The company’s stock had a trading volume of 1,086,565 shares, compared to its average volume of 2,584,229. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.61 and a quick ratio of 0.58. The stock has a market capitalization of $5.52 billion, a price-to-earnings ratio of 14.74, a P/E/G ratio of 0.43 and a beta of 1.37. Alaska Air Group, Inc. has a fifty-two week low of $32.62 and a fifty-two week high of $78.08. The firm’s fifty day moving average price is $61.34 and its 200-day moving average price is $57.86.

Alaska Air Group (NYSE:ALK) last posted its earnings results on Wednesday, January 22nd. The transportation company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.52. Alaska Air Group had a return on equity of 14.66% and a net margin of 3.37%. Research analysts anticipate that Alaska Air Group, Inc. will post 6.03 EPS for the current year.

Insider Buying and Selling at Alaska Air Group

In related news, EVP Andrew R. Harrison sold 6,600 shares of the company’s stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $76.28, for a total transaction of $503,448.00. Following the completion of the transaction, the executive vice president now directly owns 34,030 shares in the company, valued at $2,595,808.40. This represents a 16.24 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Shane R. Tackett sold 22,893 shares of the firm’s stock in a transaction on Monday, February 10th. The stock was sold at an average price of $75.74, for a total transaction of $1,733,915.82. Following the completion of the sale, the chief financial officer now owns 31,873 shares in the company, valued at $2,414,061.02. This represents a 41.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 154,725 shares of company stock worth $11,217,263 over the last ninety days. Company insiders own 0.68% of the company’s stock.

Institutional Investors Weigh In On Alaska Air Group

A number of institutional investors have recently added to or reduced their stakes in the company. Merit Financial Group LLC grew its holdings in shares of Alaska Air Group by 28.8% during the 1st quarter. Merit Financial Group LLC now owns 9,513 shares of the transportation company’s stock worth $468,000 after purchasing an additional 2,128 shares in the last quarter. Rhumbline Advisers boosted its stake in Alaska Air Group by 14.9% during the first quarter. Rhumbline Advisers now owns 344,036 shares of the transportation company’s stock worth $16,933,000 after buying an additional 44,688 shares in the last quarter. Parallel Advisors LLC increased its holdings in Alaska Air Group by 31.2% in the 1st quarter. Parallel Advisors LLC now owns 1,953 shares of the transportation company’s stock valued at $96,000 after buying an additional 464 shares during the period. GAMMA Investing LLC raised its stake in shares of Alaska Air Group by 5,633.8% in the 1st quarter. GAMMA Investing LLC now owns 198,504 shares of the transportation company’s stock valued at $9,770,000 after buying an additional 195,042 shares in the last quarter. Finally, Wellington Management Group LLP lifted its holdings in shares of Alaska Air Group by 3.3% during the 4th quarter. Wellington Management Group LLP now owns 602,941 shares of the transportation company’s stock worth $39,040,000 after acquiring an additional 19,225 shares during the period. 81.90% of the stock is owned by institutional investors and hedge funds.

Alaska Air Group, Inc, through its subsidiaries, operates airlines. It operates through three segments: Mainline, Regional, and Horizon. The company offers scheduled air transportation services on Boeing jet aircraft for passengers and cargo in the United States, and in parts of Canada, Mexico, Costa Rica, Belize, Guatemala, and the Bahamas; and for passengers across a shorter distance network within the United States, Canada, and Mexico.