Maurice Gallagher, Jr. Sells 175,000 Shares of Allegiant Travel (NASDAQ:ALGT) Stock

Allegiant Travel Company (NASDAQ:ALGT) Chairman Maurice Gallagher, Jr. sold 175,000 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $114.23, for a total value of $19,990,250.00. Following the completion of the sale, the chairman owned 1,962,348 shares of the company’s stock, valued at $224,159,012.04. This trade represents a 8.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Allegiant Travel Stock Down 4.4%

ALGT opened at $109.33 on Thursday. The stock’s fifty day moving average is $89.83 and its 200-day moving average is $71.99. The company has a market capitalization of $2.00 billion, a PE ratio of -42.54, a P/E/G ratio of 0.27 and a beta of 1.64. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.95 and a current ratio of 0.98. Allegiant Travel Company has a one year low of $39.80 and a one year high of $118.00.

Institutional Trading of Allegiant Travel

A number of institutional investors have recently bought and sold shares of the stock. Signaturefd LLC grew its holdings in Allegiant Travel by 27.3% during the 4th quarter. Signaturefd LLC now owns 546 shares of the transportation company’s stock worth $47,000 after acquiring an additional 117 shares in the last quarter. FourThought Financial Partners LLC boosted its position in Allegiant Travel by 4.1% during the fourth quarter. FourThought Financial Partners LLC now owns 3,458 shares of the transportation company’s stock worth $295,000 after acquiring an additional 137 shares during the last quarter. Harbor Capital Advisors Inc. lifted its holdings in Allegiant Travel by 4.9% in the third quarter. Harbor Capital Advisors Inc. now owns 3,759 shares of the transportation company’s stock valued at $228,000 after acquiring an additional 176 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its holdings 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 acquiring an additional 205 shares during the period. Finally, CWM LLC lifted its position in shares of Allegiant Travel by 3.9% during the 4th quarter. CWM LLC now owns 6,031 shares of the transportation company’s stock worth $514,000 after purchasing an additional 224 shares during the last quarter. 85.81% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ALGT has been the subject of several research reports. Wolfe Research raised Allegiant Travel from a “peer perform” rating to an “outperform” rating and set a $108.00 target price for the company 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. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Allegiant Travel in a research report on Wednesday, January 21st. Evercore boosted their target price on shares of Allegiant Travel from $120.00 to $125.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Finally, Morgan Stanley raised their price objective on Allegiant Travel from $85.00 to $100.00 and gave the company an “equal weight” rating in a research report on Thursday, February 5th. Five investment 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. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $100.18.

Allegiant Travel News Roundup

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

• Positive Sentiment: Q4 earnings and outlook topped expectations: Allegiant reported Q4 results with EPS up ~36% YoY, rising traffic, lower unit costs and upbeat Q1/2026 guidance — the primary catalyst for the recent run‑up in the stock. Read More.
• Positive Sentiment: Momentum and analyst attention: Zacks pieces highlight a sharp one‑week gain (~29.5%) and momentum interest; several analyst upgrades/coverage runs have supported buying pressure. Read More.
• Positive Sentiment: Operational narrative reinforced: Commentary (Seeking Alpha) highlights Allegiant’s cost discipline and potential upside from Sun Country exposure, supporting the view of improving unit economics. Read More.
• Neutral Sentiment: Relative performance pieces compare ALGT to peers — useful context for positioning but not an immediate catalyst. Read More.
• Negative Sentiment: Heavy insider selling: Chairman Maurice J. Gallagher Jr. sold large blocks Feb. 6–10 (multiple filings total hundreds of thousands of shares across days), which can spook investors even if done for diversification/liquidity. SEC filing: Read More. • Read More.
• Negative Sentiment: Elevated short interest (as of Jan. 30): Short interest rose ~21.5% to ~2.25M shares (~14.4% of float) with a ~5.0 days‑to‑cover ratio — a source of volatility and potential selling pressure (note: some later short‑interest entries in the feed are inconsistent/blank).

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.