31,000 Shares of Alaska Air Group, Inc. $ALK Acquired by Maxi Investments CY Ltd

Posted by Geri Gentry on Oct 27th, 2026

Maxi Investments CY Ltd acquired a new position in Alaska Air Group, Inc. (NYSE:ALK – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 31,000 shares of the transportation company’s stock, valued at approximately $1,200,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ALK. BlackRock Inc. bought a new position in shares of Alaska Air Group during the 2nd quarter valued at approximately $606,307,000. Primecap Management Co. CA purchased a new stake in shares of Alaska Air Group during the 2nd quarter worth approximately $168,467,000. Bank of New York Mellon Corp bought a new stake in shares of Alaska Air Group in the 2nd quarter worth approximately $34,776,000. Bank of America Corp DE bought a new stake in shares of Alaska Air Group in the 2nd quarter worth approximately $32,751,000. Finally, Privium Fund Management UK Ltd purchased a new position in Alaska Air Group in the second quarter valued at approximately $27,195,000. 81.90% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. BMO Capital Markets reissued an “outperform” rating and set a $42.00 price objective (down from $50.00) on shares of Alaska Air Group in a report on Thursday. The Goldman Sachs Group reissued a “buy” rating and issued a $52.00 target price on shares of Alaska Air Group in a research report on Thursday. Zacks Research lowered Alaska Air Group from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 21st. JPMorgan Chase & Co. dropped their price target on Alaska Air Group from $92.00 to $74.00 and set an “overweight” rating on the stock in a research report on Thursday, October 22nd. Finally, TD Cowen dropped their price target on Alaska Air Group from $46.00 to $44.00 and set a “buy” rating on the stock in a research report on Friday, October 2nd. Ten investment analysts have rated the stock with a Buy rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $53.23.

Check Out Our Latest Analysis on ALK

Insider Activity at Alaska Air Group

In other Alaska Air Group news, EVP Andrew R. Harrison sold 5,300 shares of the business’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $49.67, for a total transaction of $263,251.00. Following the sale, the executive vice president owned 25,528 shares of the company’s stock, valued at $1,267,975.76. The trade was a 17.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Benito Minicucci bought 25,000 shares of the stock in a transaction on Thursday, August 20th. The shares were acquired at an average cost of $40.06 per share, for a total transaction of $1,001,500.00. Following the acquisition, the chief executive officer directly owned 256,582 shares in the company, valued at approximately $10,278,674.92. This trade represents a 10.80% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 1.00% of the stock is currently owned by company insiders.

Alaska Air Group Price Performance

ALK opened at $34.93 on Tuesday. The company has a market capitalization of $3.89 billion, a price-to-earnings ratio of -9.95 and a beta of 1.33. The company has a quick ratio of 0.42, a current ratio of 0.46 and a debt-to-equity ratio of 1.49. The firm has a 50-day moving average price of $39.61 and a 200-day moving average price of $44.39. Alaska Air Group, Inc. has a twelve month low of $32.33 and a twelve month high of $60.63.

Alaska Air Group (NYSE:ALK – Get Free Report) last posted its quarterly earnings results on Tuesday, October 20th. The transportation company reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.03). The business had revenue of $4.31 billion during the quarter, compared to the consensus estimate of $4.31 billion. Alaska Air Group had a negative net margin of 2.58% and a negative return on equity of 5.42%. The business’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same period last year, the firm earned $1.05 EPS. Equities analysts expect that Alaska Air Group, Inc. will post -3.82 EPS for the current year.

Alaska Air Group Company Profile

(Free Report)

Alaska Air Group, Inc is an airline holding company headquartered in Seattle, Washington. Its principal subsidiaries include Alaska Airlines and Hawaiian Airlines, which operate under separate brands while serving passengers throughout North America, the Pacific and other international markets.

Alaska Airlines provides scheduled passenger and air cargo services across the United States, Canada, Mexico, Costa Rica and the Bahamas, with a strong presence on the U.S. West Coast and in Alaska.