SG Americas Securities LLC Reduces Stock Holdings in Allegiant Travel Company $ALGT

Posted by on Jul 8th, 2026

SG Americas Securities LLC lessened its stake in shares of Allegiant Travel Company (NASDAQ:ALGT – Free Report) by 41.7% in the 1st quarter, Holdings Channel reports. The institutional investor owned 6,988 shares of the transportation company’s stock after selling 4,994 shares during the quarter. SG Americas Securities LLC’s holdings in Allegiant Travel were worth $566,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Price T Rowe Associates Inc. MD grew its position in shares of Allegiant Travel by 0.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 19,862 shares of the transportation company’s stock valued at $1,694,000 after buying an additional 106 shares during the last quarter. Signaturefd LLC lifted its position in Allegiant Travel by 27.3% in the fourth quarter. Signaturefd LLC now owns 546 shares of the transportation company’s stock valued at $47,000 after acquiring an additional 117 shares during the last quarter. Millennium Management LLC lifted its position in Allegiant Travel by 0.5% in the fourth quarter. Millennium Management LLC now owns 27,453 shares of the transportation company’s stock valued at $2,341,000 after acquiring an additional 134 shares during the last quarter. FourThought Financial Partners LLC boosted its stake in Allegiant Travel by 4.1% in the fourth quarter. FourThought Financial Partners LLC now owns 3,458 shares of the transportation company’s stock valued at $295,000 after acquiring an additional 137 shares in the last quarter. Finally, CWM LLC grew its holdings in shares of Allegiant Travel by 3.9% during the fourth quarter. CWM LLC now owns 6,031 shares of the transportation company’s stock worth $514,000 after purchasing an additional 224 shares during the last quarter. Institutional investors and hedge funds own 85.81% of the company’s stock.

Allegiant Travel Price Performance

Shares of NASDAQ:ALGT opened at $111.14 on Wednesday. The company has a 50-day simple moving average of $90.76 and a 200-day simple moving average of $90.20. Allegiant Travel Company has a one year low of $42.56 and a one year high of $123.63. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.87 and a current ratio of 0.91. The stock has a market capitalization of $2.05 billion, a price-to-earnings ratio of -55.57, a PEG ratio of 0.46 and a beta of 1.51.

Allegiant Travel (NASDAQ:ALGT – Get Free Report) last released its quarterly 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 firm had revenue of $732.43 million for the quarter, compared to analyst estimates of $711.01 million. Allegiant Travel had a positive return on equity of 10.07% and a negative net margin of 1.30%.The business’s revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the company posted $2.11 earnings per share. Allegiant Travel has set its Q2 2026 guidance at -1.000–0.000 EPS. On average, analysts predict that Allegiant Travel Company will post 4.87 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on ALGT. Citigroup upgraded Allegiant Travel from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $98.00 to $156.00 in a research report on Friday, June 26th. Zacks Research downgraded Allegiant Travel from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 1st. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Allegiant Travel in a research report on Friday, May 29th. Bank of America boosted their price objective on Allegiant Travel from $100.00 to $120.00 and gave the company a “neutral” rating in a research note on Wednesday, July 1st. Finally, Melius Research upgraded Allegiant Travel from a “hold” rating to a “buy” rating and set a $160.00 price objective for the company in a research note on Tuesday. Eight equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $124.23.

View Our Latest Report on ALGT

About Allegiant Travel

(Free Report)

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.

Read More

Want to see what other hedge funds are holding ALGT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Allegiant Travel Company (NASDAQ:ALGT – Free Report).

Institutional Ownership by Quarter for Allegiant Travel (NASDAQ:ALGT)

Receive News & Ratings for Allegiant Travel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allegiant Travel and related companies with MarketBeat.com's FREE daily email newsletter.