Alaska Air's CEO Puts a Million In as the Tape Sells Off
A million dollars from a sitting CEO gets your attention, especially when the stock just sank near its $39.87 support. Benito Minicucci paid $40.06 a share, and RSI at 34 tells you the tape is beaten down here. The problem is everything else agrees with the selling. Price is stuck below both the 8-day and 20-day, every timeframe reads sell, and airlines are getting caught in the industrial rotation. The CEO has money and a history of buying this name, but he's stepping in front of a real downtrend. Wait for it to hold that support before you follow him.
The Filing
| Ticker | ALK |
| Company | ALASKA AIR GROUP, INC. |
| Insider | Benito Minicucci, CEO AND PRESIDENT |
| Buy amount | $1.0M |
| Filing date | August 21, 2026 |
| Conviction | Interesting · 58/100 |
| Setup type | Contrarian Setup |
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