800,000 Shares in Alaska Air Group, Inc. $ALK Acquired by Generate Investment Management Ltd

Key Points

• Generate Investment Management Ltd acquired a new stake of 800,000 shares of Alaska Air Group (~$40.24 million) in Q4, representing about 1.8% of its portfolio and making ALK its 14th-largest holding.
• Alaska Air beat Q4 EPS estimates with $0.43 vs. $0.11 expected, issued Q1 2026 guidance of -1.50 to -0.50 EPS and FY2026 guidance of 3.50–6.50 EPS, while analysts hold a consensus "Moderate Buy" rating with an average price target of $64.82.
• Institutional ownership is high at 81.9%, while insiders have sold 56,945 shares (~$3.2 million) over the past 90 days, representing only about 1.0% insider ownership.

Generate Investment Management Ltd acquired a new stake in shares of Alaska Air Group, Inc. (NYSE:ALK - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 800,000 shares of the transportation company's stock, valued at approximately $40,240,000. Alaska Air Group accounts for about 1.8% of Generate Investment Management Ltd's investment portfolio, making the stock its 14th biggest holding. Generate Investment Management Ltd owned approximately 0.69% of Alaska Air Group at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. SG Americas Securities LLC increased its position in Alaska Air Group by 355.4% in the fourth quarter. SG Americas Securities LLC now owns 60,266 shares of the transportation company's stock worth $3,031,000 after buying an additional 47,031 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Alaska Air Group by 29.1% during the third quarter. JPMorgan Chase & Co. now owns 206,172 shares of the transportation company's stock valued at $10,263,000 after acquiring an additional 46,445 shares during the period. Hudson Bay Capital Management LP grew its position in shares of Alaska Air Group by 64.6% during the third quarter. Hudson Bay Capital Management LP now owns 107,728 shares of the transportation company's stock worth $5,363,000 after acquiring an additional 42,277 shares during the last quarter. Cambria Investment Management L.P. grew its position in shares of Alaska Air Group by 24.9% during the third quarter. Cambria Investment Management L.P. now owns 10,326 shares of the transportation company's stock worth $514,000 after acquiring an additional 2,061 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new stake in shares of Alaska Air Group in the 3rd quarter worth about $90,000. 81.90% of the stock is currently owned by institutional investors.

Alaska Air Group Stock Performance

Shares of ALK opened at $36.21 on Friday. The firm has a market capitalization of $4.15 billion, a PE ratio of 41.62, a P/E/G ratio of 0.41 and a beta of 1.17. The company has a quick ratio of 0.46, a current ratio of 0.50 and a debt-to-equity ratio of 1.17. The firm has a 50-day moving average price of $48.56 and a 200 day moving average price of $48.49. Alaska Air Group, Inc. has a 52-week low of $35.89 and a 52-week high of $65.88.

Alaska Air Group (NYSE:ALK - Get Free Report) last issued 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 company had revenue of $3.63 billion during the quarter, compared to analyst estimates 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 revenue for the quarter was up 2.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.97 EPS. 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. On average, sell-side analysts anticipate that Alaska Air Group, Inc. will post 6.03 earnings per share for the current fiscal year.

Insider Activity at Alaska Air Group

In related news, EVP Kyle B. Levine sold 2,945 shares of Alaska Air Group stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $60.02, for a total transaction of $176,758.90. Following the transaction, the executive vice president directly owned 20,977 shares of the company's stock, valued at $1,259,039.54. The trade was a 12.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Shane R. Tackett sold 24,000 shares of Alaska Air Group stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $57.15, for a total transaction of $1,371,600.00. Following the completion of the transaction, the chief financial officer directly owned 43,377 shares in the company, valued at $2,478,995.55. This represents a 35.62% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 56,945 shares of company stock valued at $3,204,569 over the last 90 days. 1.00% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages recently weighed in on ALK. Bank of America lifted their price objective on shares of Alaska Air Group from $62.00 to $70.00 and gave the company a "buy" rating in a research report on Tuesday, January 6th. Cantor Fitzgerald set a $63.00 price target on shares of Alaska Air Group in a research note on Friday, January 30th. Weiss Ratings raised Alaska Air Group from a "sell (d+)" rating to a "hold (c-)" rating in a report on Monday, March 9th. Citigroup reduced their price objective on Alaska Air Group from $69.00 to $51.00 and set a "buy" rating for the company in a research report on Friday, March 20th. Finally, Wall Street Zen lowered Alaska Air Group from a "hold" rating to a "sell" rating in a report on Saturday, March 21st. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Alaska Air Group currently has a consensus rating of "Moderate Buy" and an average price target of $64.82.

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.

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