Momentum Is Strong For Alaska Air Group Inc (NYSE: ALK)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NYSE-listed company operates within the Airlines industry segment, falling under the Industrials sector. The current market capitalization of Alaska Air Group Inc is $8.66B. A total of 3.68 million shares were traded on the day, compared to an average of 2.51M shares.

In the most recent transaction, SCHNEIDER ANDREA L sold 800 shares of ALK for 63.89 per share on Dec 19 ’24. After the transaction, the SVP PEOPLE now owns 20,286 company shares. In a previous transaction on Dec 18 ’24, SPRAGUE JOSEPH A sold 2,325 shares at 64.38 per share. ALK shares that CEO Hawaiian A/L owns now total 19,340.

Among the insiders who sold shares, HALVERSON EMILY disposed of 1,329 shares on Dec 18 ’24 at a per-share price of $64.41. This resulted in the VP Finance, Controller & Treas holding 7,150 shares of ALK after the transaction. In another insider transaction, SCHNEIDER ANDREA L bought 800 shares at $63.89 per share on Dec 19 ’24.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, ALK has a high of $67.73 and a low of $32.62.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. ALK’s latest balance sheet shows that the firm has $3.12B in Cash & Short Term Investments as of fiscal 2021. There were $4.09B in debt and $3.99B in liabilities at the time. Its Book Value Per Share was $35.51, while its Total Shareholder’s Equity was $3.80B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ALK is Buy with a score of 4.87.

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