ALK EVP/COO sold 22,157 shares at $75.12 on 2025-02-18, reducing stake 52.5% to 20,026 shares ($1.7M)
VON MUEHLEN CONSTANCE E, in her capacity as EVP and COO, executed a substantial open-market sale of 22,157 shares at $75.12, representing a 52.5% reduction of her prior holdings from 42,183 shares to 20,026 shares. The transaction value of $1,664,433.84 is material in absolute terms and represents a significant repositioning of her Alaska Air Group stake. The company's fundamentals show strong recent performance with $3.1B latest quarterly revenue, +12.6% annual revenue growth, net income of $236.0M, and a P/E of 19.54 at a $9.4B market cap. The stock price at transaction was $75.12, and the current price of $76.60 reflects a modest 1.9% appreciation from the execution price, while 30-day and 90-day momentum have been notably strong at +15.5% and +46.5% respectively. This substantial liquidation by a senior executive warrants attention given the scale of the position reduction and the company's elevated near-term price momentum.