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Insider Dumps 5,300 Shares of Major U.S. Airline
The Motley Fool·
Andrew R. Harrison, EVP and CCO of Alaska Air Group, sold 5,300 shares (17% reduction) at a weighted average price of $49.67 per share for approximately $263,000. The executive retains $1.28 million in direct holdings. The sale occurs amid Alaska Air's underperformance relative to the S&P 500, with the airline facing headwinds from increased debt ($5 billion), volatile fuel costs, and recent losses from the Hawaiian Airlines acquisition.
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