Rep. Lisa C. McClain Sells Off Shares of Alaska Air Group, Inc. (NYSE:ALK)

Key Points

• Representative Lisa C. McClain sold shares of Alaska Air Group stock worth between $1,001 and $15,000 on June 17th, as disclosed in a filing on August 13th.
• Alaska Air Group reported earnings per share of $1.78 for the last quarter, exceeding analyst expectations of $1.56, with a year-over-year revenue increase of 27.9% to $3.70 billion.
• Several analysts have raised their price targets for Alaska Air Group, with a consensus rating of "Moderate Buy" and a target price of $67.83 among eleven research analysts.

Representative Lisa C. McClain (R-Michigan) recently sold shares of Alaska Air Group, Inc. NYSE: ALK. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Alaska Air Group stock on June 17th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Alaska Air Group Price Performance

ALK stock traded up $4.3820 during midday trading on Friday, reaching $59.3020. 2,761,305 shares of the company's stock traded hands, compared to its average volume of 2,310,572. The company has a 50-day simple moving average of $52.22 and a two-hundred day simple moving average of $53.84. Alaska Air Group, Inc. has a 1-year low of $34.60 and a 1-year high of $78.08. The company has a market cap of $6.84 billion, a price-to-earnings ratio of 24.11, a PEG ratio of 0.58 and a beta of 1.45. The company has a quick ratio of 0.49, a current ratio of 0.52 and a debt-to-equity ratio of 1.14.

Alaska Air Group (NYSE:ALK - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The transportation company reported $1.78 earnings per share for the quarter, beating analysts' consensus estimates of $1.56 by $0.22. Alaska Air Group had a return on equity of 12.62% and a net margin of 2.33%.The firm had revenue of $3.70 billion during the quarter, compared to analysts' expectations of $3.65 billion. During the same period last year, the firm posted $2.55 EPS. The business's revenue was up 27.9% on a year-over-year basis. Alaska Air Group has set its Q3 2025 guidance at 1.000-1.400 EPS. FY 2025 guidance at 3.250- EPS. On average, analysts anticipate that Alaska Air Group, Inc. will post 6.03 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Wood Tarver Financial Group LLC bought a new position in Alaska Air Group in the 4th quarter valued at $38,000. MAI Capital Management boosted its position in Alaska Air Group by 80.5% in the 2nd quarter. MAI Capital Management now owns 628 shares of the transportation company's stock valued at $31,000 after buying an additional 280 shares during the last quarter. Brooklyn Investment Group boosted its position in Alaska Air Group by 41.1% in the 1st quarter. Brooklyn Investment Group now owns 632 shares of the transportation company's stock valued at $31,000 after buying an additional 184 shares during the last quarter. Perkins Coie Trust Co boosted its position in Alaska Air Group by 125.7% in the 1st quarter. Perkins Coie Trust Co now owns 677 shares of the transportation company's stock valued at $33,000 after buying an additional 377 shares during the last quarter. Finally, Rexford Capital Inc. bought a new position in Alaska Air Group in the 2nd quarter valued at $49,000. 81.90% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, EVP Andrew R. Harrison sold 7,600 shares of the firm's stock in a transaction on Monday, July 28th. The stock was sold at an average price of $53.22, for a total value of $404,472.00. Following the transaction, the executive vice president directly owned 18,930 shares in the company, valued at $1,007,454.60. This trade represents a 28.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Kyle B. Levine sold 5,914 shares of the firm's stock in a transaction on Monday, August 18th. The stock was sold at an average price of $57.75, for a total value of $341,533.50. Following the completion of the transaction, the senior vice president owned 20,917 shares in the company, valued at $1,207,956.75. This represents a 22.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 21,460 shares of company stock valued at $1,182,553 over the last 90 days. Company insiders own 1.00% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on ALK. UBS Group raised their price target on Alaska Air Group from $49.00 to $56.00 and gave the company a "neutral" rating in a report on Friday, July 25th. Barclays raised their price target on Alaska Air Group from $55.00 to $60.00 and gave the company an "overweight" rating in a report on Thursday, July 10th. Finally, Susquehanna raised their price target on Alaska Air Group from $50.00 to $60.00 and gave the company a "positive" rating in a report on Tuesday, August 5th. Eleven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $67.83.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About Alaska Air Group

Alaska Air Group, Inc, through its subsidiaries, operates airlines. It operates through three segments: Mainline, Regional, and Horizon. The company offers scheduled air transportation services on Boeing jet aircraft for passengers and cargo in the United States, and in parts of Canada, Mexico, Costa Rica, Belize, Guatemala, and the Bahamas; and for passengers across a shorter distance network within the United States, Canada, and Mexico.