ALK - Alaska Air Gr Director Makes $139K Stock Purchase | Benzinga
On May 13, a substantial insider purchase was made by Raymond Conner, Director at Alaska Air Gr (NYSE:ALK), as per the latest SEC filing.
What Happened: Conner's recent move, as outlined in a Form 4 filing with the U.S. Securities and Exchange Commission on Monday, involves purchasing 3,191 shares of Alaska Air Gr. The total transaction value is $139,957.
The latest market snapshot at Tuesday morning reveals Alaska Air Gr shares up by 0.02%, trading at $43.88.
All You Need to Know About Alaska Air Gr
Alaska Air Group Inc operates two airlines, Alaska and Horizon in three operating segments. The Mainline segment includes scheduled air transportation on Alaska's Boeing and Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Mexico, and Costa Rica. The Regional segment includes Horizon's and other third-party carriers' scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements (CPA). The Horizon segment includes the capacity sold to Alaska under a CPA. It earns revenues from Passenger tickets, including ticket breakage and net of taxes and fees, Passenger ancillary and Mileage Plan passenger revenue.
Alaska Air Gr's Financial Performance
Revenue Growth: Alaska Air Gr displayed positive ...