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 $1.54 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 $0.9 million.
UBS downgraded its Alaska Air Group Inc [ALK] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in late January has reiterated a ‘”a Buy”‘ rating for it. Susquehanna also remained covering ALK and has increased its forecast on January 07, 2025 with a “Positive” recommendation from previously “Neutral” rating. TD Cowen maintained its rating on December 11, 2024. It rated ALK as “a Buy”.
Price Performance Review of ALK
On Thursday, Alaska Air Group Inc [NYSE:ALK] saw its stock jump 1.19% to $45.18. Over the last five days, the stock has gained 1.51%. Alaska Air Group Inc shares have fallen nearly -30.22% since the year began. Nevertheless, the stocks have risen 10.74% 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 04/08/25. SMA at 50 days reached $58.96, while 200 days put it at $51.44.
Levels Of Support And Resistance For ALK Stock
The 24-hour chart illustrates a support level at 44.13, which if violated will result in even more drops to 43.08. On the upside, there is a resistance level at 46.03. A further resistance level may holdings at 46.88. The Relative Strength Index (RSI) on the 14-day chart is 40.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.91, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.80%. Stochastics %K at 41.28% 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 2025-03-31, dropping by -1.5 million shares to a total of 4.89 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 6.39 million shares. There was a decline of -30.75%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 04, 2024 when TD Cowen resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $68.
