Alaska

With 85% ownership of the shares, Alaska Air Group, Inc. (NYSE:ALK) is heavily dominated by institutional owners

Published

2 years ago

April 14, 2024

Press Room

With 85% ownership of the shares, Alaska Air Group, Inc. (NYSE:ALK) is heavily dominated by institutional owners

Key Insights

Significantly high institutional ownership implies Alaska Air Group’s stock price is sensitive to their trading actions
50% of the business is held by the top 10 shareholders
Recent sales by insiders

A look at the shareholders of Alaska Air Group, Inc. (NYSE:ALK) can tell us which group is most powerful. With 85% stake, institutions possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).

Because institutional owners have a huge pool of resources and liquidity, their investing decisions tend to carry a great deal of weight, especially with individual investors. Hence, having a considerable amount of institutional money invested in a company is often regarded as a desirable trait.

In the chart below, we zoom in on the different ownership groups of Alaska Air Group.

Check out our latest analysis for Alaska Air Group

NYSE:ALK Ownership Breakdown April 14th 2024

What Does The Institutional Ownership Tell Us About Alaska Air Group?

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

Alaska Air Group already has institutions on the share registry. Indeed, they own a respectable stake in the company. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Alaska Air Group, (below). Of course, keep in mind that there are other factors to consider, too.

earnings-and-revenue-growth — NYSE:ALK Earnings and Revenue Growth April 14th 2024

Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. Alaska Air Group is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is BlackRock, Inc. with 13% of shares outstanding. For context, the second largest shareholder holds about 11% of the shares outstanding, followed by an ownership of 5.9% by the third-largest shareholder.

We did some more digging and found that 10 of the top shareholders account for roughly 50% of the register, implying that along with larger shareholders, there are a few smaller shareholders, thereby balancing out each others interests somewhat.

Researching institutional ownership is a good way to gauge and filter a stock’s expected performance. The same can be achieved by studying analyst sentiments. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.

Insider Ownership Of Alaska Air Group

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.

Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.

Our data suggests that insiders own under 1% of Alaska Air Group, Inc. in their own names. It is a pretty big company, so it would be possible for board members to own a meaningful interest in the company, without owning much of a proportional interest. In this case, they own around US$17m worth of shares (at current prices). Arguably, recent buying and selling is just as important to consider. You can click here to see if insiders have been buying or selling.

General Public Ownership

The general public– including retail investors — own 15% stake in the company, and hence can’t easily be ignored. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.

Next Steps:

It’s always worth thinking about the different groups who own shares in a company. But to understand Alaska Air Group better, we need to consider many other factors. Be aware that Alaska Air Group is showing 1 warning sign in our investment analysis , you should know about…

If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

Valuation is complex, but we’re helping make it simple.

Find out whether Alaska Air Group is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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Alaska

Jessie Holmes wins Alaska Air Transit Spirit of Iditarod Award

Published

1 hour ago

March 11, 2026

Press Room

Jessie Holmes wins Alaska Air Transit Spirit of Iditarod Award

Veteran musher Jessie Holmes (bib # 7 ), of Brushkana, Alaska was the first musher to reach the McGrath checkpoint at 8:03 p.m. today with 16 dogs in harness, winning the Alaska Air Transit Spirit of Iditarod Award.

First presented in 2019 and given to the first musher to reach the McGrath checkpoint, this award is presented by Lead Dog partner, Alaska Air Transit. First introduced in 2019, this award honors the first musher to arrive at the McGrath Checkpoint. The McGrath community shares deep ties to the Iditarod, and the award reflects that connection, featuring beaver fur mushers mitts with Athabaskan beadwork on moose hide, handcrafted by Loretta Maillelle of McGrath, along with a beaver fur hat made by Rosalie Egrass of McGrath. The award was presented to Holmes by Jessica Beans-Vaeao, Charter Coordinator for Alaska Air Transit

“Our team is excited to present this Spirit of Iditarod award in McGrath again this year. The Beaded Moose Hide and Beaver Mitts were made by Loretta Maillelle of McGrath, and the hand sewn Beaver Hat was made by Rosalie Egrass of McGrath. Rosalie Egrass was able to fly home on our plane that took our crew and the award to McGrath, which made for a pretty special trip! We are proud to be providing service to McGrath, and feel that all local Air Carriers represent the spirit of Iditarod throughout Alaska on a daily basis. It is great to be a part of the air carriers that service the state with essential supplies and transportation, and to be a part of the Iditarod in a meaningful way,” said Josie Owen, owner of Alaska Air Transit.

This is Alaska Air Transit’s eighth year sponsoring the Iditarod and seventh year presenting the Spirit of Iditarod Award. Alaska Air Transit offers crucial flight support statewide via air charter and provides scheduled service to the Upper Kuskokwim communities of Nikolai, McGrath, Takotna and Tatalina as well as the Prince William Sound communities of Tatitlek and Chenega.

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Alaska

Alaska High School Girls Basketball 2026 ASAA State Championship Brackets – March 10

Published

14 hours ago

March 10, 2026

Press Room

Alaska High School Girls Basketball 2026 ASAA State Championship Brackets – March 10

The 2026 Alaska high school girls basketball state championships begin this week, and High School On SI has brackets for all four classifications.

The brackets will be updated with scores and matchups throughout the week.

All four classifications will play their state championship games at Alaska Airlines Center in Anchorage.

The 1A and 2A championships run March 11-14. Classes 3A and 4A play the following week, March 18-21.

Alaska High School Girls Basketball 2026 State Championship Brackets, Matchups, Schedule – March 10

3/11 – Shaktoolik (1) vs. Arlicaq (16)

3/11 – Kake (8) vs. Tri-Valley (9)

3/11 – Fort Yukon (4) vs. Andreafski (13)

3/11 – Sand Point (5) vs. Napaaqutgmiut (12)

3/11 – Scammon Bay (2) vs. Nunamiut (15)

3/11 – Akiuk Memorial (7) vs. Newhalen (10)

3/11 – Davis-Romoth (3) vs. Cook Inlet Academy (14)

3/11 – Hoonah (6) vs. Shishmaref (11)

3/12 – Seward (1) vs. Chevak (8)

3/12 – Metlakatla (4) vs. Cordova (5)

3/12 – Craig (2) vs. Susitna Valley (7)

3/12 – Glennallen (3) vs. Degnan (6)

3/18 – Barrow (1) vs. Kotzebue (8)

3/18 – Grace Christian (4) vs. Galena (5)

3/18 – Monroe Catholic (2) vs. Delta (7)

3/18 – Mt. Edgecumbe (3) vs. Kenai Central (6)

3/18 – Mountain City Christian Academy (1) vs. North Pole (8)

3/18 – Colony (4) vs. West (5)

3/18 – Bartlett (2) vs. Juneau-Douglas (7)

3/18 – Wasilla (3) vs. Service (6)

More Coverage from High School On SI

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Alaska

Made In The USA: The Alaska Wall Tent By The Alaska Gear Company

Published

1 day ago

March 10, 2026

Press Room

Made In The USA: The Alaska Wall Tent By The Alaska Gear Company

This is the Alaska Wall Tent by the Alaska Gear Company, each one is made in the United States from Sunforger 13oz DLX, a double-filled, pre-shrunk, marine-grade canvas ideal for longterm outdoor use.

The Alaska Wall Tent comes in an array of sizes and versions, allowing you to choose the one that best suits your individual use-case. They’re all individually made in Alaska, and perhaps even more importantly, they’re all tested extensively to be able to handle local conditions.

The Alaska Wall Tent By The Alaska Gear Company 5

The Alaska Wall Tent By The Alaska Gear Company 2

This is the Alaska Wall Tent by the Alaska Gear Company, each one is made in the United States from Sunforger 13oz DLX, a double-filled, pre-shrunk, marine-grade canvas ideal for longterm outdoor use.

History Speedrun: The Alaska Gear Company

The Alaska Gear Company was formerly known as Airframes Alaska, it’s an aviation and outdoor equipment supplier and manufacturer headquartered in Palmer, Alaska. The company is led by majority owner Sean McLaughlin, who bought the original bush airplane parts business when it had just two employees and $100,000 in annual revenue. McLaughlin has since grown it to approximately 100 employees and $20 million in annual sales.

The company can trace its early roots to a licensed maker of Piper PA-18 Super Cub fuselages at Birchwood Airport. Through a series of acquisitions, including Reeve Air Motive (an aircraft parts retailer operating out of Anchorage’s Merrill Field since 1950, Alaska Tent & Tarp, and Northern Sled Works, the company grew well beyond aviation into outdoor recreation and cold-weather gear.

That diversification ultimately drove the rebrand from Airframes Alaska to Alaska Gear Company in late 2023, as the old name no longer conveyed the full scope of what the company produces and sells.

The Alaska Gear Company now operates out of three locations – a 100,000 square foot manufacturing facility in Palmer, a production facility in Fairbanks, and a retail store with an in-house sewing workshop at Merrill Field in Anchorage.

Its product lines span two major categories. On the aviation side, the company is best known for its hand-built Alaskan Bushwheel tundra tires, FAA-approved titanium landing gear, Super Cub fuselage modifications, and a wide range of bush plane parts. On the outdoor side, it manufactures Arctic Oven hot tents, canvas wall tents, custom freight and pulk sleds, and a modernized version of the iconic military bunny boot designed for extreme cold weather conditions.

More recently in 2024, the Alaska Gear Company was named “Made in Alaska Manufacturer of the Year” by the Alaska Department of Commerce.

The Alaska Wall Tent By The Alaska Gear Company

The Alaska Canvas Wall Tent is a handmade-in-Alaska canvas tent made from 13oz Sunforger DLX double-filled, preshrunk, marine-grade cotton canvas that’s treated to resist fire, water, and mildew while still remaining breathable.

It comes in four sizes, including 8×10, 10×12, 12×14, and 14×16 feet, all with 5-foot wall heights, and it’s available either unframed (starting at $1,295) or with a frame (starting at $2,300). The unframed version can be constructed in the field using lengths of wood sourced from the area, reducing the initial pack weight – this is crucial for trips into the wilderness by bush plane where every pound of weight is critical.

The Alaska Wall Tent By The Alaska Gear Company 7

The Alaska Wall Tent By The Alaska Gear Company 4

All tents include a 4.5 inch oval stove jack for use with wood or propane stoves, as well as a 56 inch triangular rear window with insect screening, an 18oz vinyl sod cloth around the base to block drafts and moisture, ridgepole openings at both ends, rope-reinforced eaves, brass grommets, overlapping door flaps with ties, a heavy-duty zippered door, and 100 feet of sisal rope for tie-downs.

The tents are now available to buy direct from the Alaska Gear Company here, and at the time of writing they have stock ready to ship out immediately.

The Alaska Wall Tent By The Alaska Gear Company 10

Images courtesy of the Alaska Gear Company

Articles that Ben Branch has written have been covered on CNN, Popular Mechanics, Smithsonian Magazine, Road & Track Magazine, the official Pinterest blog, the official eBay Motors blog, BuzzFeed, Autoweek Magazine, Wired Magazine, Autoblog, Gear Patrol, Jalopnik, The Verge, and many more.

Silodrome was founded by Ben back in 2010, in the years since the site has grown to become a world leader in the alternative and vintage motoring sector, with well over a million monthly readers from around the world and many hundreds of thousands of followers on social media.

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