Today, the EVP STRATEGY of Alaska Air (NYSE: ALK), Shane Tackett, sold shares of ALK for $200.4K.
Following Shane Tackett’s last ALK Sell transaction on August 20, 2014, the stock climbed by 24.6%.
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Based on Alaska Air’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $2.16 billion and quarterly net profit of $193 million. In comparison, last year the company earned revenue of $2.1 billion and had a net profit of $296 million. ALK’s market cap is $8.4B and the company has a P/E ratio of 10.29. Currently, Alaska Air has an average volume of 1.5M.
Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $90.50, reflecting a 31.2% upside.
Shane Tackett’s trades have generated a -65.1% 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.
