On December 12, 2024, Benito Minicucci, CEO and President of Alaska Airlines, a subsidiary of Alaska Air Group Inc (ALK, Financial), sold 30,000 shares of the company. Following this transaction, the insider now owns 111,244 shares of the company. The transaction details can be found in the SEC Filing.
Alaska Air Group Inc is a major American airline holding company headquartered in SeaTac, Washington. It operates through its subsidiaries, Alaska Airlines and Horizon Air, providing passenger and cargo air transportation services primarily in the United States, Canada, Mexico, and Costa Rica.
The insider transaction history for Alaska Air Group Inc shows that there have been no insider buys in total over the past year. Meanwhile, there have been six insider sells over the same timeframe. Over the past year, Benito Minicucci has sold 30,000 shares in total and purchased zero shares in total.
On the day of the recent sale, shares of Alaska Air Group Inc were trading for $65.07 apiece, giving the stock a market cap of $7.943 billion. The company's price-earnings ratio is 25.23, which is higher than the industry median of 14.16 and higher than the company’s historical median price-earnings ratio.
With a price of $65.07 and a GuruFocus Value of $53.79, Alaska Air Group Inc has a price-to-GF-Value ratio of 1.21. This indicates that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus that is calculated based on the following three factors:
- Historical multiples (price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow) that the stock has traded at.
- A GuruFocus adjustment factor based on the company’s past returns and growth.
- Future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
