American Century Companies Sells Stake in Alaska Air Group

NodeGuardian · 2026-03-29T12:26:20+00:00

American Century Companies Inc. decreased its investment in Alaska Air Group by 1.3%, selling 42,003 shares but still holds 3,224,616 shares worth about $160.5 million, indicating a possible reassessment of the airline sector or the company's future.

NodeGuardian

2026-03-29 12:26:20

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American Century Companies Inc. reduced its stake in Alaska Air Group (NYSE:ALK) by 1.3% in the third quarter, selling 42,003 shares. Despite the reduction, the investment firm still holds a significant position of 3,224,616 shares, valued at approximately $160.5 million. This transaction suggests a potential re-evaluation of the airline industry or the company’s long-term prospects by American Century Companies.

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