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Alaska Air (NYSE:ALK) Group NASDAQ:ALK Executive Vice President and Chief Commercial Officer Andrew R. Harrison sold 7,600 shares of common stock on July 28, 2025. The sales were executed at a weighted average price of $53.2238, resulting in a total transaction value of approximately $404,500. The transaction occurred as the stock trades near InvestingPro’s Fair Value estimate, with analysts maintaining a strong buy consensus and a potential upside of 18%.
The price received for the shares ranged from $53.2100 to $53.2600. Following the transaction, Harrison directly owns 18,930 shares of Alaska Air Group, worth approximately $1 million at current market prices. While this insider sale occurred, InvestingPro data shows management has been actively buying back shares, and the company maintains a "GOOD" overall financial health score. Get deeper insights into insider trading patterns and 7 additional ProTips with an InvestingPro subscription.
In other recent news, Alaska Air Group Inc. reported its financial results for the second quarter of 2025, surpassing analysts’ expectations. The company achieved earnings per share of $1.78, exceeding the forecast of $1.54. Additionally, Alaska Air posted revenue of $3.7 billion, slightly above the anticipated $3.65 billion. Despite these positive financial outcomes, the stock experienced a decline in after-hours trading, influenced by investor reactions to the company’s future guidance and market conditions. These developments highlight the ongoing challenges in the airline industry, despite stronger-than-expected earnings. The results reflect the company’s ability to navigate a complex market environment while meeting financial targets. Investors will be closely monitoring how Alaska Air addresses future market conditions and guidance.
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