Insider Trends: Alaska Air Group Sees 90 Days of Insider Buying Trend Scaling Back with Share Sale
06:58 PM EDT, 05/11/2021 (MT Newswires) -- Bradley D Tilden, Chairman, on May 07, 2021, sold 10,800 shares in Alaska Air Group (ALK) for $735,394. Subsequent to the Form 4 filing with the SEC, Tilden owns 132,793 shares of company stock, which have a market value of $8.91 million as of the prior-day closing price.
During the most recent 90-day period, previous to the date of this filing, there have been 41 insider transactions reported to the SEC for Alaska Air Group. These transactions came from the activities of 20 separate insiders that resulted in a net acquisition of 11,997 company shares. In the preceding 90-day window of time, there were 27 transactions from 11 insiders and resulted in the net acquisition of 17,242 shares.
This level of insider transactions is below that of the peer group average in the 29-company Airlines peer group over the last 90-day period. Peer group activity averaged 65.8 transactions per company, and disposition of 17,748 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/766421/000124636021000719/xslF345X03/form.xml
This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.