Alaska Air Group, Inc. $ALK Shares Acquired by Allianz Asset Management GmbH

Allianz Asset Management GmbH lifted its position in shares of Alaska Air Group, Inc. (NYSE:ALK) by 40.1% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 173,610 shares of the transportation company’s stock after purchasing an additional 49,663 shares during the quarter. Allianz Asset Management GmbH’s holdings in Alaska Air Group were worth $8,642,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. MAI Capital Management lifted its position in Alaska Air Group by 80.5% during the second quarter. MAI Capital Management now owns 628 shares of the transportation company’s stock valued at $31,000 after buying an additional 280 shares in the last quarter. AlphaQuest LLC acquired a new position in shares of Alaska Air Group during the 3rd quarter valued at $34,000. Country Trust Bank acquired a new position in shares of Alaska Air Group during the 3rd quarter valued at $45,000. Rexford Capital Inc. purchased a new stake in Alaska Air Group during the 2nd quarter worth $49,000. Finally, Total Investment Management Inc. acquired a new stake in Alaska Air Group in the 2nd quarter valued at $61,000. Institutional investors and hedge funds own 81.90% of the company’s stock.

Alaska Air Group Price Performance

ALK stock opened at $60.25 on Tuesday. The stock’s 50 day moving average is $50.96 and its two-hundred day moving average is $50.93. Alaska Air Group, Inc. has a 52-week low of $37.63 and a 52-week high of $78.08. The company has a market capitalization of $6.99 billion, a PE ratio of 69.25, a P/E/G ratio of 0.52 and a beta of 1.21. The company has a quick ratio of 0.46, a current ratio of 0.50 and a debt-to-equity ratio of 1.17.

Alaska Air Group (NYSE:ALK) last released its quarterly 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%. The business’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter last year, the company 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. Analysts predict that Alaska Air Group, Inc. will post 6.03 earnings per share for the current fiscal year.

Insider Buying and Selling at Alaska Air Group

In other news, CFO Shane R. Tackett sold 10,000 shares of the company’s stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $55.00, for a total value of $550,000.00. Following the sale, the chief financial officer owned 33,530 shares in the company, valued at approximately $1,844,150. This represents a 22.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.92% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on ALK shares. Cantor Fitzgerald set a $63.00 price objective on Alaska Air Group in a research note on Friday, January 30th. 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. TD Cowen lowered their price objective on shares of Alaska Air Group from $64.00 to $63.00 and set a “buy” rating for the company in a research report on Friday, January 30th. Citigroup reissued a “buy” rating and set a $69.00 target price (up from $61.00) on shares of Alaska Air Group in a research report on Wednesday, January 7th. Finally, UBS Group set a $77.00 target price on shares of Alaska Air Group and gave the company a “buy” rating in a research note on Friday, December 12th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Alaska Air Group presently has an average rating of “Moderate Buy” and a consensus price target of $71.40.

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.