As detailed in an SEC filing, on October 4, 2024, Kenny Wilper, Chief Operating Officer of Allegiant Travel Company (ALGT, Finance), purchased 296 shares of the company’s stock per share. Sold at a price of $55.96. Following the transaction, the insider now owns 17,398 shares of Allegiant Travel, Inc. stock.
Allegiant Travel Co operates as a leisure travel company focused on providing travel services and products to residents of underserved cities in the United States. The company provides scheduled air transportation on a limited number of direct flights between underserved cities and popular leisure destinations.
Over the past year, insiders have sold a total of 4,435 shares, but bought no shares. This recent transaction is part of a broader trend observed last year in Allegiant Travel Inc., where there were 12 insider sells and zero insider buys.
Shares of Allegiant Travel Inc. traded at $55.96 on the day of the transaction, giving the company a market cap of approximately $1.058 billion.
According to GF Value, Allegiant Travel Co’s intrinsic value is estimated at $104.97 per share, suggesting the stock may be undervalued. The price to GF value ratio is 0.53, indicating this stock could be a value trap, think twice.
GF Value is calculated based on historical multiples such as price-to-earnings ratio, price-to-sales ratio, price-to-book ratio, price-to-free cash flow, and adjusted by GuruFocus factors based on past earnings and growth and future business prospects. Masu. Earnings forecasts by Morningstar analysts.
This insider sale of Allegiant Travel Co provides an interesting data point for investors, especially considering the company’s valuation and stock price performance metrics.
This article created by GuruFocus is intended to provide general insight and is not intended as financial advice. Our commentary is based on historical data and analyst forecasts using an unbiased methodology and is not intended to serve as specific investment guidance. It does not constitute a recommendation to buy or sell stocks, and does not take into account your individual investment objectives or financial situation. Our objective is to provide fundamental data-driven analysis over time. Please note that our analysis may not incorporate the latest announcements or qualitative information from price-sensitive companies. GuruFocus has no position in the stocks mentioned herein.
