An Insider at Alaska Air (ALK) is Selling Shares


Today, an Insider at Alaska Air (ALK), Christopher Michael Berry, sold shares of ALK for $50.36K.

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Based on Alaska Air’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $2.06 billion and quarterly net profit of $23 million. In comparison, last year the company earned revenue of $1.96 billion and had a net profit of $367 million. ALK’s market cap is $8.2B and the company has a P/E ratio of 18.80. Currently, Alaska Air has an average volume of 837.8K.

Based on 10 analyst ratings, the analyst consensus is Strong Buy with an average price target of $80.60, reflecting a 21.5% upside.

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Alaska Air Group, Inc. is a holding company, which through its subsidiaries, Alaska Airlines, Inc. and Horizon Air Industries, Inc., engages in the provision of air transportation services. It operates through three segments: Alaska Mainline, Alaska Regional and Horizon.

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