Allegiant Travel (NASDAQ:ALGT) Chairman Maurice Gallagher, Jr. Sells 56,243 Shares

Allegiant Travel Company (NASDAQ:ALGT) Chairman Maurice Gallagher, Jr. sold 56,243 shares of Allegiant Travel stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $114.81, for a total value of $6,457,258.83. Following the completion of the transaction, the chairman owned 1,906,105 shares in the company, valued at $218,839,915.05. This trade represents a 2.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Allegiant Travel Stock Performance

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

Institutional Investors Weigh In On Allegiant Travel

A number of institutional investors and hedge funds have recently modified their holdings of ALGT. Vanguard Group Inc. increased its stake in Allegiant Travel by 4.1% in the 3rd quarter. Vanguard Group Inc. now owns 1,677,608 shares of the transportation company’s stock valued at $101,948,000 after purchasing an additional 66,596 shares in the last quarter. Donald Smith & CO. Inc. grew its holdings in Allegiant Travel by 11.6% in 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 purchasing an additional 156,186 shares during the last quarter. American Century Companies Inc. increased its position in shares of Allegiant Travel by 5.7% in the third quarter. American Century Companies Inc. now owns 688,322 shares of the transportation company’s stock valued at $41,829,000 after buying an additional 37,205 shares in the last quarter. Par Capital Management Inc. raised its stake in shares of Allegiant Travel by 11.1% during the 2nd quarter. Par Capital Management Inc. now owns 584,996 shares of the transportation company’s stock worth $32,146,000 after buying an additional 58,566 shares during the last quarter. Finally, Franklin Resources Inc. raised its stake in shares of Allegiant Travel by 15.4% during the 3rd quarter. Franklin Resources Inc. now owns 549,287 shares of the transportation company’s stock worth $33,380,000 after buying an additional 73,360 shares during the last quarter. Institutional investors and hedge funds own 85.81% of the company’s stock.

Trending Headlines about 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.)

Analyst Upgrades and Downgrades

ALGT has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft raised shares of Allegiant Travel from a “hold” rating to a “buy” rating and set a $105.00 target price on the stock in a report on Friday, December 12th. Raymond James Financial lowered Allegiant Travel from a “strong-buy” rating to an “outperform” rating and lifted their price objective for the company from $78.00 to $98.00 in a report on Friday, December 19th. Weiss Ratings reissued a “sell (d)” rating on shares of Allegiant Travel in a research note on Wednesday, January 21st. Susquehanna reissued a “positive” rating and issued a $110.00 price target on shares of Allegiant Travel in a report on Friday. Finally, Morgan Stanley lifted their price target on Allegiant Travel from $85.00 to $100.00 and gave the company an “equal weight” rating in a research note on Thursday, February 5th. Five analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $100.18.

About Allegiant Travel

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.