Alaska Air Group Inc’s recent filing unveils that its EVP AND CFO TACKETT SHANE R unloaded Company’s shares for reported $1.73 million on Feb 10 ’25. In the deal valued at $75.74 per share,22,893 shares were sold. As a result of this transaction, TACKETT SHANE R now holds 31,873 shares worth roughly $ 2.41 million.
Then, TACKETT SHANE R bought 22,893 shares, generating $1,733,971 in total proceeds.
Before that, SCHNEIDER ANDREA L sold 1,830 shares. Alaska Air Group Inc shares valued at $134,178 were divested by the SVP PEOPLE at a price of $73.32 per share. As a result of the transaction, SCHNEIDER ANDREA L now holds 20,286 shares, worth roughly $1.54 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 4.41% to $75.74. Over the last five days, the stock has lost -0.24%. Alaska Air Group Inc shares have risen nearly 16.97% since the year began. Nevertheless, the stocks have risen 107.11% over the past one year. While a 52-week high of $76.45 was reached on 02/10/25, a 52-week low of $32.62 was recorded on 01/03/25. SMA at 50 days reached $66.97, while 200 days put it at $48.35.
Levels Of Support And Resistance For ALK Stock
The 24-hour chart illustrates a support level at 73.38, which if violated will result in even more drops to 71.02. On the upside, there is a resistance level at 76.93. A further resistance level may holdings at 78.12. The Relative Strength Index (RSI) on the 14-day chart is 63.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 10.01%. Stochastics %K at 68.92% 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 2025-01-31, dropping by -0.61 million shares to a total of 5.97 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 6.58 million shares. There was a decline of -10.17%, which implies that there is a negative sentiment for the stock.
