Alaska Air's CEO Buys 25,000 Shares Amid a 28% Decline in the Stock Price. Here's a Deeper Look at the Transaction.

Alaska Air's CEO Buys 25,000 Shares Amid a 28% Decline in the Stock Price. Here's a Deeper Look at the Transaction.

Key PointsCEO Benito Minicucci acquired 25,000 shares at a weighted average price of $40.06 per share, representing a total investment of ~$1 million.The transaction increased the executive's direct equity position by 11%.This transaction follows a 28% decline in share price over the 12-month period ending on the transaction date.10 stocks we like better than Alaska Air Group › Benito Minicucci, Chief Executive Officer and President of Alaska Ai…

Following CEO Buying And New Routes Has Value Back In Focus

Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Alaska Air Group (ALK) is back in focus after CEO Benito Minicucci bought 25,000 shares in open-market trades, following a 28% slide in the stock. The CEO's…