Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Alaska Air Group Inc shares valued at $503,448 were purchased by HARRISON ANDREW R on Feb 20 ’25. At $76.28 per share, HARRISON ANDREW R acquired 6,600 shares.
Also, VON MUEHLEN CONSTANCE E sold 22,157 shares, netting a total of over 1,664,434 in proceeds. Following the sale of shares at $75.12 each, the insider now holds 20,026 shares.
Before that, VON MUEHLEN CONSTANCE E had added 22,157 shares to its account. In a trade valued at $1,664,434, the Officer bought Alaska Air Group Inc shares for $75.12 each.
As published in a research note from TD Cowen on January 24, 2025, Alaska Air Group Inc [ALK] has been retained to a Buy and the price target has been revised to $110. Analysts at Susquehanna upgraded the stock from ‘”a Neutral”‘ to ‘”a Positive”‘ outlook in a report released in early January. As of December 11, 2024, TD Cowen has reiterated its “Buy” rating for ALK. Earlier on December 04, 2024, TD Cowen resumed its rating. Their recommendation was “a Buy” for ALK stock.
Analyzing ALK Stock Performance
During the last five days, there has been a surge of approximately 2.14%. Over the course of the year, Alaska Air Group Inc shares have jumped approximately 16.39%. Shares of the company reached a 52-week high of $78.08 on 02/19/25 and a 52-week low of $62.82 on 01/03/25. A 50-day SMA is recorded $68.26, while a 200-day SMA reached $48.85. Nevertheless, trading volume fell to 2.26 million shares from 2.89 million shares the previous day.
Support And Resistance Levels for Alaska Air Group Inc (ALK)
According to the 24-hour chart, there is a support level at 74.16, which, if violated, would cause prices to drop to 72.96. In the upper region, resistance lies at 76.77. The next price resistance is at 78.18. RSI (Relative Strength Index) is 60.44 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.14, which suggests the price will increase in the coming days. Percent R is at 31.19%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
