Allegiant Travel (NASDAQ:ALGT) Chairman Maurice Gallagher Jr Sells 175,000 Shares

Allegiant Travel Company (NASDAQ:ALGT) Chairman Maurice Gallagher, Jr. sold 175,000 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $114.23, for a total transaction of $19,990,250.00. Following the completion of the sale, the chairman directly owned 1,962,348 shares in the company, valued at approximately $224,159,012.04. The trade was a 8.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Allegiant Travel Price Performance

NASDAQ ALGT traded up $0.41 during trading on Tuesday, reaching $114.34. 437,241 shares of the company traded hands, compared to its average volume of 623,886. Allegiant Travel Company has a 1-year low of $39.80 and a 1-year high of $118.00. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.95 and a current ratio of 0.98. The stock’s 50 day moving average price is $89.25 and its two-hundred day moving average price is $71.73. The company has a market cap of $2.09 billion, a price-to-earnings ratio of -44.49, a P/E/G ratio of 0.26 and a beta of 1.64.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on ALGT shares. Bank of America raised shares of Allegiant Travel from an “underperform” rating to a “neutral” rating and upped their target price for the stock from $55.00 to $95.00 in a report on Tuesday, January 6th. Wolfe Research raised shares of Allegiant Travel from a “peer perform” rating to an “outperform” rating and set a $108.00 price objective on the stock in a research note on Tuesday, January 20th. Zacks Research lowered shares of Allegiant Travel from a “strong-buy” rating to a “hold” rating in a report on Monday, February 2nd. Evercore boosted their target price on Allegiant Travel from $120.00 to $125.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Finally, Citigroup raised their price target on Allegiant Travel from $109.00 to $114.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Five analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Allegiant Travel presently has an average rating of “Hold” and a consensus price target of $100.18.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of ALGT. Heartland Advisors Inc. acquired a new position in shares of Allegiant Travel during the 3rd quarter worth about $12,747,000. Donald Smith & CO. Inc. boosted its stake in Allegiant Travel by 11.6% during the 2nd quarter. Donald Smith & CO. Inc. now owns 1,506,633 shares of the transportation company’s stock worth $82,789,000 after acquiring an additional 156,186 shares during the last quarter. Apollo Management Holdings L.P. acquired a new position in Allegiant Travel during the second quarter valued at approximately $6,124,000. Jump Financial LLC grew its holdings in Allegiant Travel by 195.5% during the second quarter. Jump Financial LLC now owns 127,800 shares of the transportation company’s stock valued at $7,023,000 after purchasing an additional 84,555 shares during the period. Finally, Emerald Advisers LLC raised its holdings in Allegiant Travel by 23.7% in the third 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 during the period. Institutional investors own 85.81% of the company’s stock.

Allegiant Travel News Roundup

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

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.