ALK - Board Member Of Alaska Air Gr Purchased $139K In Stock | Benzinga
On May 13, Patricia Bedient, Board Member at Alaska Air Gr (NYSE:ALK) executed a significant insider buy, as disclosed in the latest SEC filing.
What Happened: Bedient's recent purchase of 3,191 shares of Alaska Air Gr, disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Monday, reflects confidence in the company's potential. The total transaction value is $139,957.
During Tuesday's morning session, Alaska Air Gr shares up by 0.07%, currently priced at $43.9.
Delving into Alaska Air Gr's Background
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.
Unraveling the Financial Story of Alaska Air Gr
Revenue Growth: Alaska Air Gr displayed positive results in 3 months. As of 31 March, ...