The EVP & CRO of Alaska Air (ALK) is Selling Shares


Yesterday, the EVP & CRO of Alaska Air (ALK), Andrew R. Harrison, sold shares of ALK for $251.7K.

In addition to Andrew R. Harrison, one other ALK executive reported Sell trades in the last month.

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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 $7.8B and the company has a P/E ratio of 17.83. Currently, Alaska Air has an average volume of 1.52M.

Based on 10 analyst ratings, the analyst consensus is Strong Buy with an average price target of $80.60, reflecting a 28.2% upside.

The insider sentiment on Alaska Air has been negative according to 56 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Andrew R. Harrison’s trades have generated a -42.2% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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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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