Alaska Air Group Inc (NYSE: ALK) is 23.18% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ALK stock was last observed hovering at around $49.48 in the last trading session, with the day’s gains setting it 3319950.52%.
Currently trading at $3320000.0, the stock is 1.64% and 1.81% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.55 million and changing 1.48% at the moment leaves the stock -7.96% off its SMA200. ALK registered -22.46% loss for a year compared to 6-month loss of -25.08%. The firm has a 50-day simple moving average (SMA 50) of $49.3158 and a 200-day simple moving average (SMA200) of $54.55025.
The stock witnessed a -1.41% gain in the last 1 month and extending the period to 3 months gives it a 2.01%, and is 1.31% 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 2.51% over the week and 3.04% over the month.
Alaska Air Group Inc (ALK) has around 33941 employees, a market worth around $6.10B and $12.64B in sales. Current P/E ratio is 18.24 and Fwd P/E is 8.03. Profit margin for the company is 2.86%. Distance from 52-week low is 53.92% and -35.69% 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 -29.40% this year.
Alaska Air Group Inc (ALK) Top Institutional Holders
669.0 institutions hold shares in Alaska Air Group Inc (ALK), with institutional investors hold 93.95% of the company’s shares. The shares outstanding are 122.88M, and float is at 120.75M with Short Float at 6.64%. Institutions hold 93.41% of the Float.
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 HALVERSON EMILY, the company’s VP Finance, Controller & Treas. SEC filings show that HALVERSON EMILY sold 2,946 shares of the company’s common stock on Jun 05 ’25 at a price of $51.34 per share for a total of $0.15 million. Following the sale, the insider now owns 8253.0 shares.
Still, SEC filings show that on May 19 ’25, HARRISON ANDREW R (EVP AND CCO) disposed off 7,500 shares at an average price of $53.51 for $0.4 million. The insider now directly holds 26,530 shares of Alaska Air Group Inc (ALK).
