Alaska Air Group Inc’s recent filing unveils 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 $1.35 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 $0.48 million.
Susquehanna upgraded its Alaska Air Group Inc [ALK] rating to a Positive from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in mid December has reiterated a ‘”a Buy”‘ rating for it. TD Cowen also remained covering ALK and reiterated its “Buy” recommendation on December 04, 2024.
Price Performance Review of ALK
On Monday, Alaska Air Group Inc [NYSE:ALK] saw its stock fall -2.51% to $66.47. Over the last five days, the stock has gained 3.89%. Alaska Air Group Inc shares have risen nearly 2.66% since the year began. Nevertheless, the stocks have risen 79.36% over the past one year. While a 52-week high of $69.10 was reached on 01/10/25, a 52-week low of $32.62 was recorded on 01/03/25. SMA at 50 days reached $57.67, while 200 days put it at $45.05.
Levels Of Support And Resistance For ALK Stock
The 24-hour chart illustrates a support level at 65.38, which if violated will result in even more drops to 64.28. On the upside, there is a resistance level at 67.52. A further resistance level may holdings at 68.56. The Relative Strength Index (RSI) on the 14-day chart is 63.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.07, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 41.88%. Stochastics %K at 72.41% 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.
