On October 4, 2024, Keny Wilper, Chief Operating Officer of Allegiant Travel Co (ALGT, Financial), sold 296 shares of the company at a price of $55.96 per share, as detailed in the SEC Filing. Following this transaction, the insider now owns 17,398 shares of Allegiant Travel Co.
Allegiant Travel Co operates as a leisure travel company focused on providing 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 popular leisure destinations.
Over the past year, the insider has sold a total of 4,435 shares and has not made any purchases. This recent transaction is part of a broader trend observed over the last year, where there have been 12 insider sells and no insider buys at Allegiant Travel Co.
The shares of Allegiant Travel Co were trading at $55.96 on the day of the transaction, giving the company a market cap of approximately $1.058 billion.
According to the GF Value, the intrinsic value of Allegiant Travel Co is estimated at $104.97 per share, suggesting that the stock might be undervalued. The price-to-GF-Value ratio stands at 0.53, indicating that the stock is a Possible Value Trap, Think Twice.
The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by a GuruFocus factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This sale by the insider at Allegiant Travel Co provides an interesting data point for investors, especially considering the company's valuation and stock performance metrics.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
