UBS Group AG Reduces Stock Holdings in Allegiant Travel Company $ALGT

UBS Group AG reduced its stake in shares of Allegiant Travel Company (NASDAQ:ALGT) by 12.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 285,905 shares of the transportation company’s stock after selling 41,923 shares during the period. UBS Group AG’s holdings in Allegiant Travel were worth $24,379,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in ALGT. Heartland Advisors Inc. purchased a new position in shares of Allegiant Travel during the 3rd quarter valued at about $12,747,000. Emerald Advisers LLC lifted its position in shares of Allegiant Travel by 23.7% during the 3rd quarter. Emerald Advisers LLC now owns 427,718 shares of the transportation company’s stock valued at $25,992,000 after buying an additional 81,987 shares in the last quarter. Franklin Resources Inc. lifted its position 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 valued at $33,380,000 after buying an additional 73,360 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Allegiant Travel by 148.1% during the 2nd quarter. Bank of America Corp DE now owns 118,896 shares of the transportation company’s stock valued at $6,533,000 after buying an additional 70,982 shares in the last quarter. Finally, Emerald Mutual Fund Advisers Trust lifted its position in shares of Allegiant Travel by 34.8% during the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 260,935 shares of the transportation company’s stock valued at $15,857,000 after buying an additional 67,311 shares in the last quarter. 85.81% of the stock is owned by hedge funds and other institutional investors.

Allegiant Travel Price Performance

Shares of ALGT stock opened at $83.03 on Monday. Allegiant Travel Company has a twelve month low of $42.56 and a twelve month high of $118.00. The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of -41.51, a P/E/G ratio of 0.43 and a beta of 1.50. The stock has a fifty day simple moving average of $83.79 and a two-hundred day simple moving average of $83.74. The company has a current ratio of 0.91, a quick ratio of 0.87 and a debt-to-equity ratio of 1.52.

Allegiant Travel (NASDAQ:ALGT) last issued its quarterly earnings data on Thursday, April 30th. The transportation company reported $3.77 earnings per share for the quarter, topping analysts’ consensus estimates of $3.40 by $0.37. Allegiant Travel had a positive return on equity of 10.07% and a negative net margin of 1.30%.The firm had revenue of $732.43 million during the quarter, compared to analysts’ expectations of $711.01 million. During the same period in the prior year, the business posted $2.11 EPS. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. Allegiant Travel has set its Q2 2026 guidance at -1.000–0.000 EPS. On average, analysts predict that Allegiant Travel Company will post 3.57 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently weighed in on ALGT. Susquehanna reaffirmed a “positive” rating and set a $110.00 price objective on shares of Allegiant Travel in a research report on Friday, February 6th. Citigroup lowered their price objective on Allegiant Travel from $114.00 to $98.00 and set a “neutral” rating on the stock in a research report on Friday, March 20th. Wolfe Research raised Allegiant Travel from a “peer perform” rating to an “outperform” rating and set a $108.00 price objective on the stock in a research report on Tuesday, January 20th. Evercore lifted their price objective on Allegiant Travel from $120.00 to $125.00 and gave the company an “outperform” rating in a research report on Thursday, February 5th. Finally, Zacks Research cut Allegiant Travel from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 1st. 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 stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $97.91.

Insiders Place Their Bets

In other Allegiant Travel news, Chairman Maurice J. Gallagher, Jr. sold 18,757 shares of the firm’s stock in a transaction that occurred on 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 sale, the chairman directly owned 1,887,348 shares of the company’s stock, valued at approximately $214,251,744.96. This trade represents a 0.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 14.70% of the company’s stock.

Allegiant Travel 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.