Alaska Airlines Discloses $24,000 Lobbying Efforts in Q1 2025

Alaska Airlines Inc. recently reported $24,000 in lobbying efforts for the first quarter of 2025. This disclosure came through a Lobbying Disclosure Act filing and highlights the company’s focus on key legislative issues affecting the airline industry.

Recent Lobbying Focus

The lobbying activities included efforts related to:

• Airline issues concerning S. 1939 – the FAA Reauthorization Act of 2023
• HR 3539 – Securing Growth and Robust Leadership in American Aviation Act (FAA Reauthorization)
• FAA reauthorization implementation – DCA slots

You can find more data on corporate lobbying at Quiver Quantitative.

Insider Trading Activity at Alaska Airlines

In the past six months, insiders at Alaska Airlines have executed 19 trades involving $ALK, with all being sales and no purchases reported.

Recent Insider Transactions:

• ANDREW R HARRISON (EVP AND CCO): 0 purchases, 4 sales, selling 112,225 shares for approximately $7,918,385.
• BENITO MINICUCCI (CEO AND PRESIDENT): 0 purchases, 2 sales, selling 39,861 shares for approximately $2,641,721.
• SHANE R TACKETT (EVP AND CFO): 0 purchases, 2 sales, selling 27,893 shares for approximately $2,051,754.
• MUEHLEN CONSTANCE E VON (EVP AND COO): 0 purchases, 2 sales, selling 26,157 shares for approximately $1,916,785.
• JOSEPH A SPRAGUE: 0 purchases, 2 sales, selling 11,825 shares for approximately $804,241.
• KYLE B LEVINE (SVP LEGAL & GEN COUNSEL): 0 purchases, 3 sales, selling 7,772 shares for approximately $532,824.
• ANDREA L SCHNEIDER (SVP PEOPLE): 0 purchases, 3 sales, selling 6,330 shares for approximately $420,244.
• EMILY HALVERSON (VP Finance, Controller & Treas): 1 sale of 1,329 shares for approximately $85,602.

To monitor insider transactions, visit Quiver Quantitative’s insider trading dashboard.

Institutional Investor Activity

In the most recent quarter, 238 institutional investors increased their holdings of ALK, while 198 reduced their positions.

Notable Portfolio Changes:

• FMR LLC added 3,564,749 shares (+328.7%) in Q4 2024, approximately valued at $230,817,497.
• POINT72 ASSET MANAGEMENT, L.P. added 1,222,277 shares (+134.0%) in Q4 2024, approximately valued at $79,142,435.
• BLACKROCK, INC. reduced holdings by 981,103 shares (-5.9%) in Q4 2024, approximately valued at $63,526,419.
• ADAGE CAPITAL PARTNERS GP, L.L.C. added 923,064 shares (+4615.3%) in Q4 2024, approximately valued at $59,768,394.
• CANDLESTICK CAPITAL MANAGEMENT LP added 792,364 shares (+inf%) in Q4 2024, approximately valued at $51,305,569.
• INTERVAL PARTNERS, LP added 780,036 shares (+inf%) in Q4 2024, approximately valued at $50,507,331.
• CITADEL ADVISORS LLC decreased position by 740,641 shares (-23.5%) in Q4 2024, approximately valued at $47,956,504.

For insights into hedge fund movements, check out Quiver Quantitative’s institutional holdings dashboard.

Current Analyst Ratings on ALK

Analysts have recently shared their perspectives on $ALK. There are currently three buy ratings from firms, with no sell ratings issued.

Recent Analyst Ratings:

• Evercore ISI rated “Outperform” on 01/08/2025.
• Susquehanna rated “Positive” on 01/07/2025.
• Cowen & Co. rated “Buy” on 12/04/2024.

To keep track of analyst ratings, visit Quiver Quantitative’s $ALK forecast page.

Price Targets for Alaska Airlines

Four analysts have set price targets for ALK over the past six months, establishing a median target of $69.0.

Recent Price Targets:

• Duane Pfennigwerth from Evercore ISI: target price of $75.0 on 01/08/2025.
• Tom Fitzgerald from Cantor Fitzgerald: target price of $68.0 on 12/04/2024.
• Catherine O’Brien from Goldman Sachs: target price of $70.0 on 11/15/2024.
• Conor Cunningham from Melius Research: target price of $56.0 on 10/28/2024.

This article is not financial advice. For more information, please see Quiver Quantitative’s disclaimers.

This article originally appeared on Quiver News.

The views expressed here do not necessarily reflect those of Nasdaq, Inc.