Alaska Air Group Inc’s recent filing unveils that its Officer SPRAGUE JOSEPH A acquired Company’s shares for reported $0.65 million on Jan 24 ’25. In the deal valued at $68.90 per share,9,500 shares were bought.
Then, MINICUCCI BENITO bought 9,861 shares, generating $689,607 in total proceeds.
Before that, SCHNEIDER ANDREA L sold 800 shares. Alaska Air Group Inc shares valued at $51,112 were divested by the SVP PEOPLE at a price of $63.89 per share. As a result of the transaction, SCHNEIDER ANDREA L now holds 20,286 shares, worth roughly $1.42 million.
TD Cowen reiterated its Alaska Air Group Inc [ALK] rating to a Buy in a research note published on January 24, 2025; the price target was $110. A number of analysts have revised their coverage, including Susquehanna’s analysts, who increased its forecast for the stock in early January from “a Neutral” to “a Positive”. TD Cowen also remained covering ALK and reiterated its “Buy” recommendation on December 11, 2024. TD Cowen maintained its rating on December 04, 2024. It rated ALK as “a Buy”.
Price Performance Review of ALK
On Friday, Alaska Air Group Inc [NYSE:ALK] saw its stock jump 1.60% to $69.95. Over the last five days, the stock has gained 3.75%. Alaska Air Group Inc shares have risen nearly 8.03% since the year began. Nevertheless, the stocks have risen 95.23% over the past one year. While a 52-week high of $71.70 was reached on 01/23/25, a 52-week low of $32.62 was recorded on 01/03/25. SMA at 50 days reached $60.65, while 200 days put it at $46.07.
Levels Of Support And Resistance For ALK Stock
The 24-hour chart illustrates a support level at 68.19, which if violated will result in even more drops to 66.44. On the upside, there is a resistance level at 70.96. A further resistance level may holdings at 71.98. The Relative Strength Index (RSI) on the 14-day chart is 66.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.75, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 19.71%. Stochastics %K at 70.06% 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 2024-12-31, dropping by -2.59 million shares to a total of 6.58 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 9.16 million shares. There was a decline of -39.36%, which implies that there is a negative sentiment for the stock.
