New insider activity at Alaska Air ( (ALK) ) has taken place on February 20, 2025.
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Constance E. von Muehlen, the Executive Vice President and Chief Operating Officer of Alaska Air, recently sold 22,157 shares of the company’s stock. This transaction amounted to a significant sum of $1,664,433.
Recent Updates on ALK stock
Alaska Air Group has been in the spotlight recently following its Q4 earnings call and various analyst updates. The company reported record revenues and strong financial performance, driven by successful integration of Hawaiian Airlines, which contributed positively to their results. Additionally, Alaska Air initiated a $1 billion share repurchase program, signaling confidence in future growth. Analysts have responded positively, with Evercore ISI raising Alaska Air’s price target due to surprising results in the post-merger phase and increased EPS estimates, while TD Cowen increased their target based on expected margin expansion and earnings growth as the company evolves into a global carrier. Despite some challenges, such as increased unit costs and international travel issues, the overall outlook remains optimistic with expected EPS growth and strategic initiatives aimed at unlocking significant profits over the next few years.
More about Alaska Air
YTD Price Performance: 17.17%
Average Trading Volume: 2,785,107
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $9.27B