4,822 Shares in Allegiant Travel Company $ALGT Bought by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd purchased a new stake in shares of Allegiant Travel Company (NASDAQ:ALGT) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 4,822 shares of the transportation company’s stock, valued at approximately $391,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Louisiana State Employees Retirement System acquired a new position in shares of Allegiant Travel in the first quarter worth about $486,000. Hudson Bay Capital Management LP acquired a new stake in shares of Allegiant Travel during the 3rd quarter valued at about $1,109,000. Landscape Capital Management L.L.C. acquired a new stake in shares of Allegiant Travel during the 4th quarter valued at about $5,031,000. First Eagle Investment Management LLC purchased a new position in shares of Allegiant Travel in the 4th quarter valued at about $3,866,000. Finally, GSA Capital Partners LLP purchased a new position in shares of Allegiant Travel in the 4th quarter valued at about $973,000. Hedge funds and other institutional investors own 85.81% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on ALGT shares. The Goldman Sachs Group increased their price target on Allegiant Travel from $125.00 to $142.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Bank of America upped their target price on Allegiant Travel from $100.00 to $120.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 1st. Susquehanna increased their target price on Allegiant Travel from $85.00 to $132.00 and gave the company a “neutral” rating in a research report on Tuesday, July 7th. Zacks Research cut shares of Allegiant Travel from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 1st. Finally, Melius Research raised shares of Allegiant Travel from a “hold” rating to a “buy” rating and set a $160.00 price target on the stock in a research note on Tuesday, July 7th. Ten equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Allegiant Travel currently has an average rating of “Moderate Buy” and an average target price of $128.08.

Allegiant Travel Trading Down 2.4%

Shares of Allegiant Travel stock opened at $104.29 on Wednesday. The stock has a market cap of $1.92 billion, a P/E ratio of -52.14, a P/E/G ratio of 0.29 and a beta of 1.51. The stock’s 50 day simple moving average is $94.00 and its 200-day simple moving average is $91.05. Allegiant Travel Company has a 1-year low of $42.56 and a 1-year high of $123.63. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.91 and a quick ratio of 0.87.

Allegiant Travel (NASDAQ:ALGT) last posted its quarterly earnings results on Thursday, April 30th. The transportation company reported $3.77 EPS for the quarter, beating the consensus estimate 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 quarter last year, the firm earned $2.11 earnings per share. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. Allegiant Travel has set its Q2 2026 guidance at -1.000–0.000 EPS. Analysts predict that Allegiant Travel Company will post 7.28 EPS for the current fiscal year.

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.