Universal Beteiligungs und Servicegesellschaft mbH Acquires 26,310 Shares of Alaska Air Group, Inc. $ALK

Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in shares of Alaska Air Group, Inc. (NYSE:ALK - Free Report) by 60.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,138 shares of the transportation company's stock after acquiring an additional 26,310 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.06% of Alaska Air Group worth $3,528,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Foster Dykema Cabot & Partners LLC bought a new position in Alaska Air Group in the 3rd quarter worth $28,000. AlphaQuest LLC bought a new position in Alaska Air Group in the 3rd quarter worth $34,000. Smartleaf Asset Management LLC boosted its holdings in Alaska Air Group by 43.2% in the 3rd quarter. Smartleaf Asset Management LLC now owns 838 shares of the transportation company's stock worth $42,000 after buying an additional 253 shares during the period. Country Trust Bank bought a new position in Alaska Air Group in the 3rd quarter worth $45,000. Finally, True Wealth Design LLC boosted its holdings in Alaska Air Group by 19.9% in the 3rd quarter. True Wealth Design LLC now owns 1,397 shares of the transportation company's stock worth $70,000 after buying an additional 232 shares during the period. Institutional investors own 81.90% of the company's stock.

Analyst Ratings Changes

ALK has been the subject of several recent analyst reports. Evercore set a $60.00 target price on shares of Alaska Air Group in a report on Friday, April 17th. Citigroup dropped their target price on shares of Alaska Air Group from $69.00 to $51.00 and set a "buy" rating for the company in a report on Friday, March 20th. Cantor Fitzgerald set a $63.00 target price on shares of Alaska Air Group in a report on Friday, January 30th. Barclays reaffirmed an "overweight" rating and issued a $70.00 target price (up from $60.00) on shares of Alaska Air Group in a report on Monday, January 12th. Finally, Susquehanna dropped their target price on shares of Alaska Air Group from $55.00 to $50.00 and set a "positive" rating for the company in a report on Wednesday, April 22nd. Twelve equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $63.31.

Insider Activity at Alaska Air Group

In related news, EVP Kyle B. Levine sold 2,945 shares of the company's stock in a transaction dated Monday, February 9th. The shares were 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 in the company, valued at approximately $1,259,039.54. This represents a 12.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Shane R. Tackett sold 24,000 shares of the company's stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $57.15, for a total transaction of $1,371,600.00. Following the transaction, the chief financial officer owned 43,377 shares in the company, valued at $2,478,995.55. The trade was a 35.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 56,945 shares of company stock worth $3,204,569. Insiders own 1.00% of the company's stock.

Alaska Air Group Stock Down 3.8%

Shares of NYSE ALK opened at $38.29 on Thursday. The firm's 50-day moving average price is $42.11 and its 200-day moving average price is $46.17. The company has a current ratio of 0.43, a quick ratio of 0.39 and a debt-to-equity ratio of 1.29. The stock has a market capitalization of $4.34 billion, a price-to-earnings ratio of 72.25 and a beta of 1.27. Alaska Air Group, Inc. has a 12-month low of $33.03 and a 12-month high of $65.88.

Alaska Air Group (NYSE:ALK - Get Free Report) last announced its earnings results on Monday, April 20th. The transportation company reported ($1.68) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.61) by ($0.07). The business had revenue of $3.30 billion for the quarter, compared to analysts' expectations of $3.31 billion. Alaska Air Group had a net margin of 0.51% and a return on equity of 4.96%. The firm's quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.77) earnings per share. Alaska Air Group has set its Q2 2026 guidance at -1.000--1.000 EPS. On average, equities research analysts anticipate that Alaska Air Group, Inc. will post -0.28 EPS for the current fiscal year.

About Alaska Air Group

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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