Alaska Air Group Inc (NYSE: ALK) is -17.33% lower on its value in year-to-date trading and has touched a low of $32.62 and a high of $78.08 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ALK stock was last observed hovering at around $52.03 in the last trading session, with the day’s gains setting it 1.5%.
Currently trading at $53.53, the stock is 15.33% and 6.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.34 million and changing 2.88% at the moment leaves the stock 2.74% off its SMA200. ALK registered 23.65% gain for a year compared to 6-month loss of 3.70%.
The stock witnessed a 20.27% gain in the last 1 month and extending the period to 3 months gives it a -28.68%, and is 10.03% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.59% over the week and 4.77% over the month.
Alaska Air Group Inc (ALK) has around 33941 employees, a market worth around $6.57B and $12.64B in sales. Current P/E ratio is 19.45 and Fwd P/E is 8.47. Profit margin for the company is 2.86%. Distance from 52-week low is 64.10% and -31.44% from its 52-week high. The company has generated returns on investments over the last 12 months (3.73%).
The EPS is expected to shrink by -24.59% this year.
Alaska Air Group Inc (ALK) Top Institutional Holders
The shares outstanding are 122.88M, and float is at 120.78M with Short Float at 5.95%.
The top institutional shareholder in the company is BLACKROCK INC. with over 16.24 million shares valued at $655.94 million. The investor’s holdings represent 12.8514% of the ALK Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 13.69 million shares valued at $553.25 million to account for 10.8395 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 6.5 million shares representing 5.1486% and valued at over $262.79 million, while STATE STREET CORP holds 3.1468 of the shares totaling 3.98 million with a market value of $160.62 million.
Alaska Air Group Inc (ALK) Insider Activity
The most recent transaction is an insider sale by VON MUEHLEN CONSTANCE E, the company’s EVP AND COO. SEC filings show that VON MUEHLEN CONSTANCE E sold 33 shares of the company’s common stock on May 07 ’25 at a price of $50.16 per share for a total of $1655.0. Following the sale, the insider now owns 938.0 shares.
Alaska Air Group Inc disclosed in a document filed with the SEC on Feb 20 ’25 that HARRISON ANDREW R (EVP AND CCO) sold a total of 6,600 shares of the company’s common stock. The trade occurred on Feb 20 ’25 and was made at $76.28 per share for $0.5 million. Following the transaction, the insider now directly holds 34030.0 shares of the ALK stock.
Still, SEC filings show that on Feb 20 ’25, HARRISON ANDREW R (Officer) Proposed Sale 6,600 shares at an average price of $76.28 for $0.5 million. The insider now directly holds shares of Alaska Air Group Inc (ALK).
