Southwest Airlines Co.

NYSE:LUV Stock Report

Market Cap: US$22.1b

Southwest Airlines Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NYSE:LUV Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
07 Apr 26SellUS$4,478Lisa AthertonIndividual118US$37.95
02 Apr 26SellUS$440,306,350Elliott Management CorporationCompany10,367,000US$50.99
23 Feb 26SellUS$627,047,965Elliott Management CorporationCompany11,925,000US$54.83
22 Jan 26SellUS$270,180,942Elliott Management CorporationCompany6,416,500US$42.84
31 Dec 25BuyUS$78,345,640Elliott Management CorporationCompany1,888,000US$41.53
15 Dec 25BuyUS$86,599,000Elliott Management CorporationCompany2,100,000US$41.29
05 Dec 25SellUS$302,056Justin JonesIndividual8,085US$37.36
06 Aug 25BuyUS$100,447Gregg SaretskyIndividual3,345US$30.03
05 Aug 25BuyUS$45,008Sarah FeinbergIndividual1,500US$30.01

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of LUV?
Owner TypeNumber of SharesOwnership Percentage
State or Government507,3140.104%
Individual Insiders4,568,6310.934%
General Public42,635,1518.72%
Institutions441,497,10590.2%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 67.98% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
9.62%
PRIMECAP Management Company
47,069,495US$2.1b-0.68%1.28%
8.85%
Putnam LLC
43,301,045US$2.0b9.66%1.16%
6.47%
Vanguard Capital Management, LLC
31,644,632US$1.4b0%0.02%
6.03%
State Street Global Advisors, Inc.
29,519,791US$1.3b-5.48%0.04%
5.84%
BlackRock, Inc.
28,573,281US$1.3b-2.32%0.01%
4.97%
Elliott Management Corporation
24,308,000US$1.1b-19.9%7.23%
4.73%
Vanguard Portfolio Management, LLC
23,130,148US$1.0b0%0.05%
2.84%
T. Rowe Price Group, Inc.
13,894,699US$626.4m-19.1%0.05%
2.65%
Geode Capital Management, LLC
12,975,720US$584.9m0.65%0.03%
2.04%
Columbia Management Investment Advisers, LLC
9,984,432US$450.1m2.46%0.08%
1.93%
FMR LLC
9,463,721US$426.6m173%0.02%
1.18%
Dimensional Fund Advisors LP
5,763,154US$259.8m2.09%0.03%
1.17%
Invesco Capital Management LLC
5,736,542US$258.6m14.6%0.04%
1.07%
Par Capital Management, Inc.
5,219,192US$235.3m5.43%6.08%
1.05%
Qube Research & Technologies Ltd
5,159,735US$232.6m0%0.31%
0.99%
Arrowstreet Capital, Limited Partnership
4,858,283US$219.0m-37.6%0.1%
0.85%
Norges Bank Investment Management
4,162,540US$187.6m0%0.01%
0.78%
Managed Account Advisors LLC
3,819,262US$172.2m3.26%0.02%
0.78%
Northern Trust Global Investments
3,815,812US$172.0m-2.69%0.02%
0.75%
BNY Asset Management
3,648,318US$164.5m3.38%0.03%
0.74%
Rakesh Gangwal
3,611,729US$162.8m0%no data
0.7%
Charles Schwab Investment Management, Inc.
3,407,080US$153.6m0%0.02%
0.67%
JP Morgan Asset Management
3,271,813US$147.5m-33.5%0.01%
0.64%
Eaton Vance Management
3,131,597US$141.2m0%0.02%
0.63%
UBS Asset Management AG
3,097,345US$139.6m-61.5%0.01%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/26 03:29
End of Day Share Price 2026/07/24 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Southwest Airlines Co. is covered by 35 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John StaszakArgus Research Company
Brandon OglenskiBarclays
Garrett ChaseBarclays