Susquehanna Fundamental Investments LLC Raises Holdings in Allegiant Travel Company $ALGT

Posted by Brenda Bartman on Sep 1st, 2026

Susquehanna Fundamental Investments LLC boosted its holdings in shares of Allegiant Travel Company (NASDAQ:ALGT – Free Report) by 41.6% in the 2nd quarter, Holdings Channel.com reports. The fund owned 41,884 shares of the transportation company’s stock after buying an additional 12,312 shares during the quarter. Susquehanna Fundamental Investments LLC’s holdings in Allegiant Travel were worth $4,926,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Global Retirement Partners LLC acquired a new position in shares of Allegiant Travel in the 2nd quarter valued at $26,000. Allworth Financial LP purchased a new position in shares of Allegiant Travel during the 2nd quarter worth $26,000. Parallel Advisors LLC grew its holdings in shares of Allegiant Travel by 339.6% during the 1st quarter. Parallel Advisors LLC now owns 488 shares of the transportation company’s stock worth $40,000 after purchasing an additional 377 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Allegiant Travel during the 2nd quarter worth about $42,000. Finally, NewEdge Advisors LLC increased its position in shares of Allegiant Travel by 43.7% during the 2nd quarter. NewEdge Advisors LLC now owns 1,227 shares of the transportation company’s stock worth $67,000 after purchasing an additional 373 shares during the last quarter. Hedge funds and other institutional investors own 85.81% of the company’s stock.

Allegiant Travel Price Performance

ALGT stock opened at $76.05 on Tuesday. The company has a current ratio of 0.83, a quick ratio of 0.80 and a debt-to-equity ratio of 1.38. The company has a market capitalization of $2.08 billion, a PE ratio of 53.94, a P/E/G ratio of 0.23 and a beta of 1.53. Allegiant Travel Company has a 12-month low of $57.11 and a 12-month high of $123.63. The business’s fifty day moving average price is $98.46 and its 200 day moving average price is $91.11.

Allegiant Travel (NASDAQ:ALGT – Get Free Report) last announced its earnings results on Tuesday, August 4th. The transportation company reported $2.19 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.92. Allegiant Travel had a return on equity of 10.83% and a net margin of 0.90%.The company had revenue of $943.49 million during the quarter, compared to analysts’ expectations of $982.70 million. During the same period last year, the business posted $1.23 EPS. Allegiant Travel’s revenue for the quarter was up 36.8% on a year-over-year basis. Allegiant Travel has set its Q3 2026 guidance at -1.000–0.000 EPS. On average, sell-side analysts anticipate that Allegiant Travel Company will post 6.83 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have commented on ALGT. Raymond James Financial raised shares of Allegiant Travel from an “outperform” rating to a “strong-buy” rating and decreased their target price for the company from $138.00 to $116.00 in a research report on Monday, August 24th. Zacks Research upgraded shares of Allegiant Travel from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 17th. UBS Group boosted their price target on shares of Allegiant Travel from $103.00 to $111.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Susquehanna decreased their price objective on shares of Allegiant Travel from $132.00 to $110.00 and set a “neutral” rating on the stock in a report on Friday, August 7th. Finally, Melius Research raised shares of Allegiant Travel from a “hold” rating to a “buy” rating and set a $160.00 price objective for the company in a research report on Tuesday, July 7th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Allegiant Travel has an average rating of “Moderate Buy” and an average price target of $128.38.

View Our Latest Report on ALGT

Allegiant Travel Profile

(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.

Susquehanna Fundamental Investments LLC Raises Holdings in Allegiant Travel Company $ALGT

Allegiant Travel Price Performance

Analysts Set New Price Targets

Allegiant Travel Profile

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