FMR LLC Reduces Stake in Alaska Air Group Inc by 43.02%
FMR LLC significantly reduced its stake in Alaska Air Group Inc. by 43.02% on December 31, 2025, selling 4,901,342 shares at $50.3 each. This transaction indicates a strategic shift by FMR LLC, though Alaska Air Group Inc. remains a key holding, maintaining interest from other major investment firms like Gotham Asset Management, LLC. The airline, valued at $6.64 billion, shows good outperformance potential despite financial challenges such as a low cash-to-debt ratio.
https://www.gurufocus.com/news/8608390/fmr-llc-reduces-stake-in-alaska-air-group-inc-by-4302