Alaska Air Group Inc’s filing revealed that its SVP PEOPLE SCHNEIDER ANDREA L unloaded Company’s shares for reported $51112.0 on Dec 19 ’24. In the deal valued at $63.89 per share,800 shares were sold. As a result of this transaction, SCHNEIDER ANDREA L now holds 20,286 shares worth roughly $1.3 million.
Then, SPRAGUE JOSEPH A sold 2,325 shares, generating $149,686 in total proceeds. Upon selling the shares at $64.38, the CEO Hawaiian A/L now owns 19,340 shares.
Before that, HALVERSON EMILY sold 1,329 shares. Alaska Air Group Inc shares valued at $85,603 were divested by the VP Finance, Controller & Treas at a price of $64.41 per share. As a result of the transaction, HALVERSON EMILY now holds 7,150 shares, worth roughly $0.46 million.
TD Cowen reiterated its Alaska Air Group Inc [ALK] rating to a Buy in a research note published on December 11, 2024; the price target was $78. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in early December has reiterated a ‘”a Buy”‘ rating for it.
Price Performance Review of ALK
On Friday, Alaska Air Group Inc [NYSE:ALK] saw its stock fall -0.50% to $63.98. Over the last five days, the stock has lost -4.54%. Alaska Air Group Inc shares have fallen nearly -1.19% since the year began. Nevertheless, the stocks have risen 75.67% over the past one year. While a 52-week high of $67.73 was reached on 01/02/25, a 52-week low of $32.62 was recorded on 01/03/25. SMA at 50 days reached $55.68, while 200 days put it at $44.39.
Levels Of Support And Resistance For ALK Stock
The 24-hour chart illustrates a support level at 63.03, which if violated will result in even more drops to 62.09. On the upside, there is a resistance level at 64.71. A further resistance level may holdings at 65.45. The Relative Strength Index (RSI) on the 14-day chart is 61.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.54, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 65.79%. Stochastics %K at 41.09% indicates the stock is a holding.
How much short interest is there in Alaska Air Group Inc?
A steep rise in short interest was recorded in Alaska Air Group Inc stocks on 2024-12-13, growing by 0.85 million shares to a total of 9.76 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 8.91 million shares. There was a rise of 8.75%, which implies that there is a positive sentiment for the stock.
