Allegiant Travel Company (NASDAQ:ALGT) price target lowered to $156.00 by Morgan Stanley

ME Staff
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Analyst Ratings For Allegiant Travel Company (NASDAQ:ALGT)

Today, Morgan Stanley lowered its price target on Allegiant Travel Company (NASDAQ:ALGT) to $156.00 per share.

There are 1 sell ratings, 5 hold ratings, 7 buy ratings, 0 strong buy ratings on the stock.

The current consensus rating on Allegiant Travel Company (NASDAQ:ALGT) is Hold with a consensus target price of $163.1745 per share, a potential 17.22% upside.

Some recent analyst ratings include

  • 4/26/2018-Buckingham Research Upgrade from a “Neutral ” rating to a ” Buy” rating.
  • 2/1/2018-Imperial Capital Reiterated Rating of In .
  • 2/1/2018-Wolfe Research Upgrade from a “Market Perform ” rating to a ” Outperform” rating.
  • 1/9/2018-Bank of America Upgrade from a “Neutral ” rating to a ” Buy” rating.

Recent Insider Trading Activity For Allegiant Travel Company (NASDAQ:ALGT)
Allegiant Travel Company (NASDAQ:ALGT) has insider ownership of 20.80% and institutional ownership of 89.27%.

  • On 5/14/2018 Scott Sheldon, CFO, sold 4,542 with an average share price of $159.67 per share and the total transaction amounting to $725,221.14.
  • On 3/13/2018 Gary Ellmer, Director, sold 120 with an average share price of $178.40 per share and the total transaction amounting to $21,408.00.
  • On 3/13/2018 Gregory Clark Anderson, SVP, sold 1,650 with an average share price of $178.25 per share and the total transaction amounting to $294,112.50.
  • On 3/6/2018 Maurice J Gallagher Jr, CEO, sold 12,645 with an average share price of $163.40 per share and the total transaction amounting to $2,066,193.00.
  • On 1/17/2018 Maurice J Gallagher Jr, CEO, sold 182,182 with an average share price of $167.18 per share and the total transaction amounting to $30,457,186.76.
  • On 1/12/2018 Maurice J Gallagher Jr, CEO, sold 71,678 with an average share price of $165.54 per share and the total transaction amounting to $11,865,576.12.
  • On 12/29/2017 Maurice J Gallagher Jr, CEO, sold 17,818 with an average share price of $155.74 per share and the total transaction amounting to $2,774,975.32.

About Allegiant Travel Company (NASDAQ:ALGT)
Allegiant Travel Company, a leisure travel company, focuses on the provision of travel services and products to residents of under-served cities in the United States. The company offers scheduled air transportation on limited frequency nonstop flights between under-served cities and leisure destinations. As of May 23, 2018, it operated a fleet of 99 Airbus aircraft. The company also provides air-related services and products in conjunction with air transportation, including convenience fees, baggage fees, advance seat assignments, travel protection products, change fees, priority boarding, food and beverage purchases on board, and other air-related services, as well as use of its call center for purchases. In addition, it offers third party travel products, such as hotel rooms, ground transportation, and attractions; and air transportation services through fixed fee agreements and charter service on a year-round and ad-hoc basis. Further, the company offers leases spare engines to a third party; and offers management solutions to golf courses. Allegiant Travel Company was founded in 1997 and is based in Las Vegas, Nevada.

Recent Trading Activity for Allegiant Travel Company (NASDAQ:ALGT)
Shares of Allegiant Travel Company closed the previous trading session at 138.80 −0.30 0.22% with 44495 shares trading hands.