Alaska Air Group (ALK) reported third-quarter 2026 operating revenue of $4.308 billion, up 14% from a year earlier, while recording a GAAP net loss of $147 million, or $1.32 per diluted share.
The company cited a $1.8 billion fuel headwind for the year and forecast fourth-quarter adjusted loss per share of $2.50 to $2.00.
- Third-quarter capacity increased 2.4%, while RASM rose 11.7% year over year.
- Aircraft fuel expense increased 60% to $1.214 billion.
- Loyalty program cash remuneration grew 21% to $721 million.
- Available liquidity totaled $3.3 billion at September 30, 2026.
- Alaska announced planned Seattle service to Athens, Paris, Osaka and Papeete beginning in spring 2027.
$ALK Insider Trading Activity
$ALK insiders have traded $ALK stock on the open market 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $ALK stock by insiders over the last 6 months:
- BENITO MINICUCCI (CEO AND PRESIDENT) purchased 25,000 shares for an estimated $1,001,510
- ANDREW R HARRISON (EVP AND CCO) sold 5,300 shares for an estimated $263,256
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$ALK Hedge Fund Activity
We have seen 252 institutional investors add shares of $ALK stock to their portfolio, and 219 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTS BANK, FRANKFURT AM MAIN removed 4,186,702 shares (-95.2%) from their portfolio in Q2 2026, for an estimated $218,545,844
- FMR LLC removed 1,374,053 shares (-38.7%) from their portfolio in Q2 2026, for an estimated $71,725,566
- ALLIANCEBERNSTEIN L.P. added 1,259,979 shares (+794.1%) to their portfolio in Q2 2026, for an estimated $65,770,903
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,244,703 shares (+inf%) to their portfolio in Q2 2026, for an estimated $64,973,496
- JPMORGAN CHASE & CO added 1,035,078 shares (+inf%) to their portfolio in Q2 2026, for an estimated $54,031,071
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 922,554 shares (+465.9%) to their portfolio in Q2 2026, for an estimated $48,157,318
- MARSHALL WACE, LLP removed 764,905 shares (-38.8%) from their portfolio in Q2 2026, for an estimated $39,928,041
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
