Maurice Gallagher Jr Sells 18,757 Shares of Allegiant Travel (NASDAQ:ALGT) Stock

Allegiant Travel Company (NASDAQ:ALGT) Chairman Maurice Gallagher, Jr. sold 18,757 shares of Allegiant Travel stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $113.52, for a total value of $2,129,294.64. Following the completion of the sale, the chairman owned 1,887,348 shares of the company’s stock, valued at $214,251,744.96. The trade was a 0.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Allegiant Travel Stock Performance

ALGT traded up $0.41 during midday trading on Tuesday, hitting $114.34. 437,241 shares of the company traded hands, compared to its average volume of 623,886. The company’s 50-day moving average is $89.25 and its 200 day moving average is $71.73. The company has a quick ratio of 0.95, a current ratio of 0.98 and a debt-to-equity ratio of 1.76. The firm has a market capitalization of $2.09 billion, a PE ratio of -44.49, a price-to-earnings-growth ratio of 0.26 and a beta of 1.64. Allegiant Travel Company has a 52 week low of $39.80 and a 52 week high of $118.00.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Hantz Financial Services Inc. raised its holdings in Allegiant Travel by 442.0% during the third quarter. Hantz Financial Services Inc. now owns 542 shares of the transportation company’s stock valued at $33,000 after acquiring an additional 442 shares during the period. Signaturefd LLC grew its position in shares of Allegiant Travel by 27.3% during the fourth quarter. Signaturefd LLC now owns 546 shares of the transportation company’s stock worth $47,000 after purchasing an additional 117 shares in the last quarter. Steward Partners Investment Advisory LLC raised its stake in Allegiant Travel by 28.3% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 930 shares of the transportation company’s stock valued at $51,000 after purchasing an additional 205 shares during the period. NewEdge Advisors LLC lifted its holdings in Allegiant Travel by 43.7% in the 2nd quarter. NewEdge Advisors LLC now owns 1,227 shares of the transportation company’s stock worth $67,000 after purchasing an additional 373 shares in the last quarter. Finally, AlphaQuest LLC boosted its stake in Allegiant Travel by 119.2% in the 3rd quarter. AlphaQuest LLC now owns 1,120 shares of the transportation company’s stock worth $68,000 after purchasing an additional 609 shares during the period. Institutional investors own 85.81% of the company’s stock.

Allegiant Travel News Summary

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.)

Analyst Ratings Changes

A number of equities research analysts have commented on ALGT shares. Morgan Stanley lifted their target price on shares of Allegiant Travel from $85.00 to $100.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 5th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Allegiant Travel in a report on Wednesday, January 21st. Bank of America raised Allegiant Travel from an “underperform” rating to a “neutral” rating and increased their target price for the company from $55.00 to $95.00 in a report on Tuesday, January 6th. Zacks Research downgraded Allegiant Travel from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 2nd. Finally, UBS Group upped their price target on shares of Allegiant Travel from $90.00 to $102.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Five investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $100.18.

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.