Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Alaska Air Group Inc shares valued at $503,448 were sold by HARRISON ANDREW R on Feb 20 ’25. At $76.28 per share, HARRISON ANDREW R sold 6,600 shares. The insider’s holdings dropped to 34,030 shares worth approximately $2.46 million following the completion of this transaction.
Also, HARRISON ANDREW R purchased 6,600 shares, netting a total of over 503,448 in proceeds.
Before that, VON MUEHLEN CONSTANCE E had sold 22,157 shares from its account. In a trade valued at $1,664,434, the EVP AND COO traded Alaska Air Group Inc shares for $75.12 each. Upon closing the transaction, the insider’s holdings decreased to 22,157 shares, worth approximately $1.45 million.
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 drop of approximately -5.80%. Over the course of the year, Alaska Air Group Inc shares have jumped approximately 11.44%. 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 $69.30, while a 200-day SMA reached $49.41. Nevertheless, trading volume fell to 1.86 million shares from 2.36 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 71.03, which, if violated, would cause prices to drop to 69.91. In the upper region, resistance lies at 73.63. The next price resistance is at 75.11. RSI (Relative Strength Index) is 50.75 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.87, which suggests the price will decrease in the coming days. Percent R is at 67.89%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
