Key Points
- Maurice Gallagher, Jr. sold 18,757 shares on Feb. 10 at an average price of $113.52 for about $2.13M, leaving him with 1,887,348 shares — a 0.98% reduction in his stake.
- Allegiant opened at $114.34 with a market cap of $2.09B and a 52‑week range of $39.80–$118.00, and its recent Q4 beat and upbeat Q1 guidance have been the main catalyst for the stock rally.
- Institutional investors own roughly 85.8% of the stock, short interest has risen (~21.5%) to about 14.4% of the float which can increase volatility, and analysts’ consensus is near a "Hold" with an average target of ~$100.18.
Allegiant Travel Company (NASDAQ:ALGT - Get Free Report) Chairman Maurice Gallagher, Jr. sold 18,757 shares of the business's stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $113.52, for a total value of $2,129,294.64. Following the transaction, the chairman directly owned 1,887,348 shares in the company, valued at $214,251,744.96. This trade represents a 0.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Allegiant Travel Stock Performance
Shares of ALGT stock opened at $114.34 on Wednesday. The firm has a market capitalization of $2.09 billion, a price-to-earnings ratio of -44.49, a PEG ratio of 0.26 and a beta of 1.64. The stock has a fifty day moving average of $89.25 and a 200 day moving average of $71.73. Allegiant Travel Company has a 52 week low of $39.80 and a 52 week high of $118.00. The company has a quick ratio of 0.95, a current ratio of 0.98 and a debt-to-equity ratio of 1.76.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the stock. Heartland Advisors Inc. bought a new stake in Allegiant Travel in the third quarter worth $12,747,000. Donald Smith & CO. Inc. increased its holdings in shares of Allegiant Travel by 11.6% during the second quarter. Donald Smith & CO. Inc. now owns 1,506,633 shares of the transportation company's stock valued at $82,789,000 after acquiring an additional 156,186 shares in the last quarter. Apollo Management Holdings L.P. purchased a new position in shares of Allegiant Travel in the 2nd quarter worth about $6,124,000. Jump Financial LLC boosted its stake in Allegiant Travel by 195.5% in the 2nd quarter. Jump Financial LLC now owns 127,800 shares of the transportation company's stock worth $7,023,000 after purchasing an additional 84,555 shares in the last quarter. Finally, Emerald Advisers LLC boosted its stake in Allegiant Travel by 23.7% in the 3rd quarter. Emerald Advisers LLC now owns 427,718 shares of the transportation company's stock worth $25,992,000 after purchasing an additional 81,987 shares in the last quarter. Hedge funds and other institutional investors own 85.81% of the company's stock.
Analyst Upgrades and Downgrades
ALGT has been the topic of several research analyst reports. Zacks Research cut shares of Allegiant Travel from a "strong-buy" rating to a "hold" rating in a research report on Monday, February 2nd. Barclays upped their target price on Allegiant Travel from $60.00 to $95.00 and gave the stock an "equal weight" rating in a report on Monday, January 12th. Susquehanna restated a "positive" rating and set a $110.00 price target on shares of Allegiant Travel in a research report on Friday. Wolfe Research upgraded Allegiant Travel from a "peer perform" rating to an "outperform" rating and set a $108.00 price objective for the company in a report on Tuesday, January 20th. Finally, Wall Street Zen upgraded shares of Allegiant Travel from a "sell" rating to a "hold" rating in a report on Sunday, December 28th. Five equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $100.18.
Get Our Latest Report on Allegiant Travel
Key Headlines Impacting Allegiant Travel
Here are the key news stories impacting Allegiant Travel this week:
- Positive Sentiment: Q4 results and guidance beat expectations — Allegiant reported Q4 results that topped estimates, with EPS up ~36% year‑over‑year, rising traffic, lower unit costs and upbeat Q1/2026 guidance. This release is the main catalyst behind the recent rally. Article Title
- Positive Sentiment: Momentum and analyst coverage: Several Zacks pieces highlight ALGT as a top momentum/long‑term momentum pick and note the stock's sharp one‑week gain (~29.5%), supporting continued investor interest. Article Title Article Title
- Positive Sentiment: Industry/strategy note: A Seeking Alpha piece highlights Allegiant’s cost discipline and potential upside from Sun Country Airlines exposure — narrative reinforces the operational improvement story. Article Title
- Neutral Sentiment: Relative performance pieces compare ALGT to peers in the transportation sector — useful for context but not a direct catalyst. Article Title
- Negative Sentiment: Large insider selling by Chairman Maurice J. Gallagher Jr. — multiple filings show substantial sales between Feb 6–10 (blocks and smaller lots totaling hundreds of thousands of shares across days). While insider sales can be for diversification/liquidity, the size and cadence may concern some investors. SEC filing: Article Title
- Negative Sentiment: Elevated short interest as of Jan. 30 — short interest rose ~21.5% to ~2.25M shares (about 14.4% of float) with a ~5.0 days‑to‑cover ratio, which can increase volatility and act as a headwind if sentiment turns negative. (Note: a later short‑interest data point in the feed is inconsistent/blank.)
Allegiant Travel Company Profile
(
Get Free Report)
Allegiant Travel Company is a holding company that operates Allegiant Air, a low‐cost leisure airline offering scheduled and charter air service. The company focuses on connecting underserved secondary markets with popular vacation destinations across the United States. By targeting price‐sensitive leisure travelers, Allegiant Air operates a point‐to‐point network that avoids the traditional hub‐and‐spoke model, providing non‐stop flights from smaller cities to resort and entertainment hubs.
In addition to its core flight operations, Allegiant Travel Company offers packaged travel services that include hotel accommodations, rental cars and attraction tickets through its online portal.
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