Allegiant Travel (NASDAQ:ALGT) Chairman Sells $19,990,250.00 in Stock

10 Feb 2026, 21:20 by Jessica Moore · The Cerbat Gem

Allegiant Travel Company (NASDAQ:ALGT – Get Free Report) Chairman Maurice Gallagher, Jr. sold 175,000 shares of Allegiant Travel stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $114.23, for a total value of $19,990,250.00. Following the transaction, the chairman owned 1,962,348 shares in the company, valued at approximately $224,159,012.04. This represents a 8.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Allegiant Travel Trading Up 0.4%

Shares of Allegiant Travel stock traded up $0.41 during trading hours on Tuesday, hitting $114.34. The company’s stock had a trading volume of 437,241 shares, compared to its average volume of 623,886. Allegiant Travel Company has a 12 month low of $39.80 and a 12 month 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 company 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. The stock has a 50 day moving average of $89.25 and a 200 day moving average of $71.73.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Hantz Financial Services Inc. grew its position in Allegiant Travel by 442.0% during the third quarter. Hantz Financial Services Inc. now owns 542 shares of the transportation company’s stock worth $33,000 after buying an additional 442 shares in the last quarter. Signaturefd LLC increased its holdings in Allegiant Travel by 27.3% in the 4th 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 boosted its position 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 worth $51,000 after buying an additional 205 shares during the period. AlphaQuest LLC lifted its holdings in shares of Allegiant Travel by 119.2% during the third 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. Finally, iSAM Funds UK Ltd acquired a new position in Allegiant Travel during the 3rd quarter worth about $69,000. Institutional investors and hedge funds own 85.81% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on ALGT. Bank of America raised shares of Allegiant Travel from an “underperform” rating to a “neutral” rating and increased their price objective for the stock from $55.00 to $95.00 in a research report on Tuesday, January 6th. Citigroup increased their target price on Allegiant Travel from $109.00 to $114.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Raymond James Financial lowered Allegiant Travel from a “strong-buy” rating to an “outperform” rating and boosted their price target for the company from $78.00 to $98.00 in a report on Friday, December 19th. Zacks Research lowered Allegiant Travel from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. Finally, Susquehanna restated a “positive” rating and issued a $110.00 target price on shares of Allegiant Travel in a research note on Friday. Five research 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. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $100.18.

Get Our Latest Stock Analysis on Allegiant Travel

Key Allegiant Travel News

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

(Get Free Report)

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.