Today, the EVP, CFO and COO of Allegiant Travel Company (NASDAQ: ALGT), Scott Sheldon, sold shares of ALGT for $725.2K.
Following Scott Sheldon’s last ALGT Sell transaction on October 31, 2017, the stock climbed by 24.6%.
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Based on Allegiant Travel Company’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $426 million and quarterly net profit of $54.43 million. In comparison, last year the company earned revenue of $376 million and had a net profit of $40.95 million. ALGT’s market cap is $2.58B and the company has a P/E ratio of 12.29. Currently, Allegiant Travel Company has an average volume of 107.4K.
Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $184.50, reflecting a -14.3% downside.
The insider sentiment on Allegiant Travel Company has been negative according to 32 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Allegiant Travel Co. engages in the provision of travel services. It includes scheduled service air transportation; air-related travel services and product; third party travel products, and fixed fee contract air transportation. The company was founded in 1997 and is headquartered in Las Vegas, NV.
