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Alaska Air Group (NYSE:ALK) Insider Glenn S. Johnson sold 3,000 shares of the company’s stock on the open market in a transaction dated Friday, January 24th. The shares were sold at an average price of $80.35, for a total transaction of $241,050.00. Following the completion of the sale, the insider now directly owns 9,315 shares in the company, valued at approximately $748,460. The sale was disclosed in a filing with the SEC, which is available at this link.

Several analysts have recently commented on the stock. Analysts at Imperial Capital raised their price target on shares of Alaska Air Group from $86.00 to $90.00 in a research note to investors on Friday. They now have an “outperform” rating on the stock. Separately, analysts at Cowen and Company raised their price target on shares of Alaska Air Group from $83.00 to $95.00 in a research note to investors on Friday. They now have an “outperform” rating on the stock. Finally, analysts at UBS AG initiated coverage on shares of Alaska Air Group in a research note to investors on Wednesday, December 18th. They set a “buy” rating and a $99.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $78.95.

Alaska Air Group (NYSE:ALK) traded down 1.07% on Monday, hitting $78.80. The stock had a trading volume of 866,617 shares. Alaska Air Group has a 52 week low of $45.77 and a 52 week high of $82.08. The stock has a 50-day moving average of $75.24 and a 200-day moving average of $67.58. The company has a market cap of $5.479 billion and a P/E ratio of 11.95.

Alaska Air Group (NYSE:ALK) last issued its quarterly earnings data on Thursday, January 23rd. The company reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.16. The company had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter last year, the company posted $0.70 earnings per share. Alaska Air Group’s revenue was up 6.9% compared to the same quarter last year. Analysts expect that Alaska Air Group will post $5.31 EPS for the current fiscal year.

Alaska Air Group, Inc (NYSE:ALK) is the holding company for Alaska Airlines and Horizon Air.

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