American Century Companies Inc. Has $41.83 Million Stock Position in Allegiant Travel Company $ALGT

American Century Companies Inc. grew its stake in shares of Allegiant Travel Company (NASDAQ:ALGT) by 5.7% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 688,322 shares of the transportation company’s stock after buying an additional 37,205 shares during the period. American Century Companies Inc. owned approximately 3.75% of Allegiant Travel worth $41,829,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ALGT. Harbor Capital Advisors Inc. boosted its stake in Allegiant Travel by 4.9% during the third quarter. Harbor Capital Advisors Inc. now owns 3,759 shares of the transportation company’s stock worth $228,000 after buying an additional 176 shares in the last quarter. Steward Partners Investment Advisory LLC raised its stake in shares of Allegiant Travel by 28.3% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 930 shares of the transportation company’s stock valued at $51,000 after buying an additional 205 shares in the last quarter. Inspire Investing LLC raised its stake in shares of Allegiant Travel by 5.0% in the 3rd quarter. Inspire Investing LLC now owns 7,451 shares of the transportation company’s stock valued at $453,000 after buying an additional 357 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Allegiant Travel by 43.7% during the 2nd quarter. NewEdge Advisors LLC now owns 1,227 shares of the transportation company’s stock worth $67,000 after acquiring an additional 373 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Allegiant Travel by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,202 shares of the transportation company’s stock valued at $475,000 after purchasing an additional 394 shares during the period. 85.81% of the stock is owned by institutional investors.

Insider Buying and Selling at Allegiant Travel

In other news, Chairman Maurice J. Gallagher, Jr. sold 861 shares of the company’s stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $114.00, for a total transaction of $98,154.00. Following the completion of the transaction, the chairman directly owned 150,000 shares in the company, valued at approximately $17,100,000. This represents a 0.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 300,000 shares of company stock worth $34,350,512 over the last quarter. Insiders own 14.70% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on ALGT shares. Morgan Stanley boosted their target price on Allegiant Travel from $85.00 to $100.00 and gave the stock an “equal weight” rating in a report on Thursday, February 5th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Allegiant Travel in a research note on Wednesday, January 21st. Susquehanna reaffirmed a “positive” rating and issued a $110.00 price objective on shares of Allegiant Travel in a research report on Friday, February 6th. Evercore boosted their target price on Allegiant Travel from $120.00 to $125.00 and gave the company an “outperform” rating in a research note on Thursday, February 5th. Finally, Zacks Research raised Allegiant Travel from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $100.18.

Allegiant Travel Price Performance

ALGT stock opened at $79.50 on Friday. The company’s 50-day moving average price is $95.87 and its two-hundred day moving average price is $77.69. The firm has a market cap of $1.47 billion, a P/E ratio of -30.93, a P/E/G ratio of 0.19 and a beta of 1.56. The company has a quick ratio of 0.92, a current ratio of 0.95 and a debt-to-equity ratio of 1.60. Allegiant Travel Company has a 12 month low of $39.80 and a 12 month high of $118.00.

Trending Headlines about Allegiant Travel

Here are the key news stories impacting Allegiant Travel this week:

• Positive Sentiment: Zacks highlights growth catalysts — management’s Sun Country acquisition plan (~$1.5B) and projected $140M of synergies — and argues the combination plus strong leisure travel demand support upside. Here’s Why Investors Should Bet on Allegiant Travel Company Stock Now
• Positive Sentiment: Zacks Research has repeatedly raised Q1/Q2/Q4 and FY2026–FY2027 EPS estimates and moved the stock to “Strong‑Buy” — upgrades that can support valuation and attract buy-side interest as consensus earnings power improves. MarketBeat summary of Zacks research
• Neutral Sentiment: Reported short‑interest data in recent filings shows “0 shares” and NaN changes — likely a reporting anomaly. There’s currently no credible signal of a large short position or imminent squeeze based on those numbers.
• Negative Sentiment: Zacks published a note pointing out ALGT is down ~15.4% since its last earnings report and asks whether it can rebound — indicating investor concern about near‑term execution, guidance or margin pressure after earnings. That skepticism likely contributed to today’s selling pressure. Allegiant Travel (ALGT) Down 15.4% Since Last Earnings Report: Can It Rebound?
• Negative Sentiment: Company financials and valuation metrics remain risk factors for some investors — ALGT carries notable leverage (debt/equity ~1.6) and volatile historical profitability (negative trailing P/E), which can amplify downside during short‑term selloffs.

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.