Privium Fund Management UK Ltd Makes New $27.20 Million Investment in Alaska Air Group, Inc. $ALK

Privium Fund Management UK Ltd bought a new stake in shares of Alaska Air Group, Inc. (NYSE:ALK) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 523,685 shares of the transportation company’s stock, valued at approximately $27,195,000. Alaska Air Group makes up approximately 11.3% of Privium Fund Management UK Ltd’s investment portfolio, making the stock its 2nd largest holding. Privium Fund Management UK Ltd owned 0.47% of Alaska Air Group at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in ALK. Atlas Capital Advisors Inc. acquired a new position in Alaska Air Group in the fourth quarter valued at approximately $26,000. First Command Advisory Services Inc. increased its stake in shares of Alaska Air Group by 242.5% in the 4th quarter. First Command Advisory Services Inc. now owns 685 shares of the transportation company’s stock valued at $34,000 after acquiring an additional 485 shares in the last quarter. Compound Global Advisors LLC acquired a new stake in Alaska Air Group in the second quarter worth $39,000. Cedar Mountain Advisors LLC grew its holdings in Alaska Air Group by 963.3% in the second quarter. Cedar Mountain Advisors LLC now owns 840 shares of the transportation company’s stock worth $44,000 after purchasing an additional 761 shares during the period. Finally, SBI Securities Co. Ltd. increased its stake in Alaska Air Group by 30.4% in the fourth quarter. SBI Securities Co. Ltd. now owns 910 shares of the transportation company’s stock valued at $46,000 after purchasing an additional 212 shares in the last quarter. Institutional investors and hedge funds own 81.90% of the company’s stock.

Key Alaska Air Group News

Here are the key news stories impacting Alaska Air Group this week:

• Positive Sentiment: Zacks raised its Q3 2026 EPS estimate to $0.91 from $0.40 and its Q4 2026 forecast to $0.15 from a projected loss of $0.38. The firm also improved its FY2026 forecast to a loss of $1.54 per share, compared with its prior estimate of a $2.54 loss. Zacks Research Alaska Air Group estimates
• Positive Sentiment: Some later-period estimates were increased, including Q4 2027 EPS to $1.80 from $1.52, Q1 2028 EPS to $2.60 from $1.06, and Q2 2028 EPS to $2.17 from $1.87. These changes point to expectations for stronger earnings beyond 2026. Zacks Research forecast for Alaska Air Group earnings
• Neutral Sentiment: Zacks maintained a Hold rating on Alaska Air Group. Its revised forecasts remain uneven, with a current-year loss expected and profitability dependent on improvement in subsequent quarters.
• Negative Sentiment: Zacks reduced its Q1 2027 EPS estimate to $0.52 from $0.74, Q3 2027 to $1.94 from $2.34, and FY2027 to $6.20 from $6.31. The cuts temper the positive impact of the upgraded 2026 estimates and signal concern about the pace or durability of the recovery.
• Neutral Sentiment: A separate August 14 article discusses earnings forecasts for ALK, but the provided information does not include additional estimates or a new analyst rating.
• Neutral Sentiment: An article about tree-pollen and house-dust-mite allergy tablets recommended by the U.K.’s NICE concerns ALK-Abelló A/S (Nasdaq Copenhagen: ALK B), not Alaska Air Group. It is therefore not relevant to Alaska Air Group’s stock.

Alaska Air Group Trading Down 0.2%

Shares of Alaska Air Group stock opened at $45.88 on Monday. Alaska Air Group, Inc. has a 12-month low of $33.03 and a 12-month high of $65.88. The company has a current ratio of 0.55, a quick ratio of 0.51 and a debt-to-equity ratio of 1.58. The company has a market capitalization of $5.11 billion, a P/E ratio of -29.22 and a beta of 1.29. The stock has a fifty day simple moving average of $48.38 and a 200 day simple moving average of $45.73.

Alaska Air Group (NYSE:ALK) last announced its earnings results on Tuesday, July 21st. The transportation company reported ($0.92) EPS for the quarter, beating the consensus estimate of ($0.99) by $0.07. Alaska Air Group had a negative net margin of 1.19% and a negative return on equity of 3.11%. The company had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $4.09 billion. During the same quarter in the prior year, the company posted $1.42 earnings per share. The firm’s revenue for the quarter was up 9.7% on a year-over-year basis. Alaska Air Group has set its Q3 2026 guidance at 0.000-1.000 EPS. On average, sell-side analysts anticipate that Alaska Air Group, Inc. will post -0.9 earnings per share for the current fiscal year.

Insider Activity at Alaska Air Group

In other Alaska Air Group news, EVP Andrew R. Harrison sold 5,300 shares of Alaska Air Group stock in a transaction that occurred 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 transaction, the executive vice president owned 25,528 shares of the company’s stock, valued at $1,267,975.76. This trade represents a 17.19% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.00% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on ALK shares. Zacks Research raised shares of Alaska Air Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 6th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $69.00 target price (up from $58.00) on shares of Alaska Air Group in a research report on Thursday, July 2nd. Barclays set a $65.00 price target on Alaska Air Group and gave the stock an “overweight” rating in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. cut their price target on Alaska Air Group from $94.00 to $92.00 and set an “overweight” rating on the stock in a report on Friday, July 24th. Finally, Morgan Stanley decreased their price objective on Alaska Air Group from $80.00 to $78.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. Eleven analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Alaska Air Group currently has an average rating of “Moderate Buy” and a consensus price target of $65.65.

Alaska Air Group Company Profile

Alaska Air Group is a publicly traded holding company headquartered in Seattle, Washington, that operates two main airlines—Alaska Airlines and Horizon Air. Through these carriers, the company offers scheduled passenger and cargo services across a network spanning the United States, Canada and Mexico. Its core business activities include domestic and international air transportation, loyalty program management under the Mileage Plan brand, and ancillary revenue streams such as baggage fees, in-flight sales and code-share partnerships with other global airlines.

The roots of Alaska Air Group trace back to the foundation of its flagship carrier, Alaska Airlines, in 1932.