Alaska Air Group (ALK) – Research Analysts’ Weekly Ratings Changes

Alaska Air Group (ALK) – Research Analysts’ Weekly Ratings Changes

Several brokerages have updated their recommendations and price targets on shares of Alaska Air Group (NYSE: ALK) in the last few weeks:

Shares of Alaska Air Group, Inc. (NYSE:ALK) opened at 95.13 on Monday. The stock has a 50 day moving average price of $90.79 and a 200-day moving average price of $75.35. The stock has a market capitalization of $11.73 billion, a price-to-earnings ratio of 13.34 and a beta of 0.77. Alaska Air Group, Inc. has a 52-week low of $54.51 and a 52-week high of $96.27.

In related news, COO Benito Minicucci sold 5,000 shares of the firm’s stock in a transaction dated Thursday, January 26th. The shares were sold at an average price of $95.00, for a total value of $475,000.00. Following the completion of the sale, the chief operating officer now owns 19,130 shares in the company, valued at $1,817,350. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director J Kenneth Thompson sold 2,000 shares of the firm’s stock in a transaction dated Thursday, December 8th. The shares were sold at an average price of $89.23, for a total transaction of $178,460.00. Following the completion of the sale, the director now owns 21,344 shares of the company’s stock, valued at approximately $1,904,525.12. The disclosure for this sale can be found here. In the last 90 days, insiders sold 42,455 shares of company stock valued at $3,615,898. 0.68% of the stock is owned by insiders.

Alaska Air Group, Inc is a holding company of Alaska Airlines (Alaska) and Horizon Air (Horizon). The Company’s segments include Alaska Mainline, Alaska Regional and Horizon. Its Alaska Mainline segment operates the Boeing 737 part of Alaska’s business. It offers north/south service within the western United States, Canada, Mexico and Costa Rica, as well as passenger and dedicated cargo services to and within the state of Alaska.

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