Yesterday, an Insider at Alaska Air (ALK), Christopher Michael Berry, bought shares of ALK for $19.9K.
Following this transaction Christopher Michael Berry’s holding in the company was increased by 12.07% to a total of $189.1K. In addition to Christopher Michael Berry, one other ALK executive reported Buy trades in the last month.
See today’s analyst top recommended stocks >>
The company has a one-year high of $72.22 and a one-year low of $20.02. ALK’s market cap is $4.38 billion and the company has a P/E ratio of 8.20.
Based on 11 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $41.57, reflecting a -13.7% downside. Seven different firms, including Cowen & Co. and Credit Suisse, currently also have a Buy rating on the stock.
In the last 30 days, insiders have sold $51.87K worth of ALK shares and purchased $19.9K worth of ALK shares. The insider sentiment on Alaska Air has been negative according to 53 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Christopher Michael Berry’s trades have generated a 6.6% 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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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. The Alaska Mainline segment includes flying Boeing 737 jets and all associated revenues and costs. The Alaska Regional segment records actual on-board passenger revenue, less costs such as fuel, distribution costs, and payments made to Horizon, SkyWest and PenAir under the respective Capacity Purchase Agreements. The Horizon segment operates turboprop Q400 aircraft. The company was founded in 1985 and is headquartered in Seattle, WA.
