KD Logo

An Analysis of Alaska Air Group Inc (ALK)’s Potential Price Growth

Alaska Air Group Inc’s recently made public that its EVP AND CCO HARRISON ANDREW R unloaded Company’s shares for reported $0.5 million on Feb 20 ’25. In the deal valued at $76.28 per share,6,600 shares were sold. As a result of this transaction, HARRISON ANDREW R now holds 34,030 shares worth roughly $2.06 million.

Then, HARRISON ANDREW R bought 6,600 shares, generating $503,448 in total proceeds.

Before that, VON MUEHLEN CONSTANCE E sold 22,157 shares. Alaska Air Group Inc shares valued at $1,664,434 were divested by the EVP AND COO at a price of $75.12 per share. As a result of the transaction, VON MUEHLEN CONSTANCE E now holds 20,026 shares, worth roughly $1.21 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 fall -2.51% to $60.64. Over the last five days, the stock has lost -16.10%. Alaska Air Group Inc shares have fallen nearly -6.35% since the year began. Nevertheless, the stocks have risen 62.97% over the past one year. While a 52-week high of $78.08 was reached on 02/19/25, a 52-week low of $32.62 was recorded on 03/07/25. SMA at 50 days reached $69.73, while 200 days put it at $50.22.

Levels Of Support And Resistance For ALK Stock

The 24-hour chart illustrates a support level at 58.27, which if violated will result in even more drops to 55.90. On the upside, there is a resistance level at 62.53. A further resistance level may holdings at 64.42. The Relative Strength Index (RSI) on the 14-day chart is 31.06, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.95%. Stochastics %K at 8.65% indicates the stock is a buying.

Most Popular