11,412 Shares in Allegiant Travel Company $ALGT Acquired by GSA Capital Partners LLP

GSA Capital Partners LLP purchased a new position in Allegiant Travel Company (NASDAQ:ALGT) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 11,412 shares of the transportation company’s stock, valued at approximately $973,000.

Several other hedge funds have also made changes to their positions in the stock. ProShare Advisors LLC bought a new stake in shares of Allegiant Travel in the 4th quarter worth approximately $239,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of Allegiant Travel in the 4th quarter worth approximately $512,000. Bailard Inc. bought a new stake in shares of Allegiant Travel in the 4th quarter worth approximately $222,000. First Eagle Investment Management LLC bought a new stake in shares of Allegiant Travel in the 4th quarter worth approximately $3,866,000. Finally, Advisors Preferred LLC bought a new stake in shares of Allegiant Travel in the 4th quarter worth approximately $590,000. Institutional investors own 85.81% of the company’s stock.

Allegiant Travel Stock Performance

Shares of NASDAQ ALGT opened at $81.39 on Friday. The company has a quick ratio of 0.87, a current ratio of 0.91 and a debt-to-equity ratio of 1.52. The stock has a market capitalization of $1.50 billion, a price-to-earnings ratio of -40.69, a PEG ratio of 0.35 and a beta of 1.50. The stock’s fifty day simple moving average is $80.72 and its 200 day simple moving average is $84.63. Allegiant Travel Company has a 52-week low of $42.56 and a 52-week high of $118.00.

Allegiant Travel (NASDAQ:ALGT) last issued its earnings results on Thursday, April 30th. The transportation company reported $3.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.40 by $0.37. The business had revenue of $732.43 million for the quarter, compared to analysts’ expectations of $711.01 million. Allegiant Travel had a positive return on equity of 10.07% and a negative net margin of 1.30%.The company’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the firm posted $2.11 EPS. Allegiant Travel has set its Q2 2026 guidance at -1.000–0.000 EPS. As a group, sell-side analysts forecast that Allegiant Travel Company will post 4.07 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Evercore lifted 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. UBS Group lifted their target price on Allegiant Travel from $90.00 to $93.00 and gave the company a “neutral” rating in a research note on Monday, March 23rd. Morgan Stanley lifted their target price on Allegiant Travel from $85.00 to $100.00 and gave the company an “equal weight” rating in a research note on Thursday, February 5th. Susquehanna reaffirmed a “positive” rating and set a $110.00 target price on shares of Allegiant Travel in a research note on Friday, February 6th. Finally, Zacks Research downgraded Allegiant Travel from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 1st. Five analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $102.70.

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.