On October 4, 2024, Keny Wilper, Chief Operating Officer of Allegiant Travel Co (ALGT, Financial), bought 296 shares of the corporate at a worth of $55.96 per share, as detailed within the SEC Filing. Following this transaction, the insider now owns 17,398 shares of Allegiant Travel Co.
Allegiant Travel Co operates as a leisure journey firm targeted on offering journey providers and merchandise to residents of under-served cities within the United States. The firm gives scheduled air transportation on limited-frequency, nonstop flights between under-served cities and standard leisure locations.
Over the previous yr, the insider has bought a complete of 4,435 shares and has not made any purchases. This latest transaction is a part of a broader development noticed over the past yr, the place there have been 12 insider sells and no insider buys at Allegiant Travel Co.
The shares of Allegiant Travel Co have been buying and selling at $55.96 on the day of the transaction, giving the corporate a market cap of roughly $1.058 billion.
According to the GF Value, the intrinsic worth of Allegiant Travel Co is estimated at $104.97 per share, suggesting that the inventory may be undervalued. The price-to-GF-Value ratio stands at 0.53, indicating that the inventory is a Possible Value Trap, Think Twice.
The GF Value is calculated primarily based on historic multiples resembling price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free money movement, adjusted by a GuruFocus issue primarily based on previous returns and development, and future enterprise efficiency estimates from Morningstar analysts.
This sale by the insider at Allegiant Travel Co offers an fascinating knowledge level for traders, particularly contemplating the corporate's valuation and inventory efficiency metrics.
This article, generated by GuruFocus, is designed to offer basic insights and isn't tailor-made monetary recommendation. Our commentary is rooted in historic knowledge and analyst projections, using an neutral methodology, and isn't supposed to function particular funding steerage. It doesn't formulate a suggestion to buy or divest any inventory and doesn't think about particular person funding targets or monetary circumstances. Our goal is to ship long-term, elementary data-driven evaluation. Be conscious that our evaluation may not incorporate the latest, price-sensitive firm bulletins or qualitative info. GuruFocus holds no place within the shares talked about herein.
