Allegiant Travel Co Director Gary Ellmer Sells 2,000 Shares
On February 12, 2024, Gary Ellmer, a director at Allegiant Travel Co (NASDAQ:ALGT), sold 2,000 shares of the company's stock, according to a recent SEC Filing. The transaction was executed with the shares priced at $79.1 each, resulting in a total sale amount of $158,200.
Allegiant Travel Co operates as an integrated travel company. The company focuses on providing travel services and products to residents of under-served cities in the United States. Its products and services include scheduled service air transportation, air-related travel services such as hotel rooms, rental cars, and travel insurance, and other ancillary products.
Over the past year, the insider has engaged in a total of 4,000 shares sold and has not purchased any shares of Allegiant Travel Co.
The insider transaction history for Allegiant Travel Co indicates a trend of more insider selling than buying over the past year, with 0 insider buys and 10 insider sells recorded.
As of the date of the insider's recent transaction, Allegiant Travel Co's shares were trading at $79.1, giving the company a market cap of $1,465.378 billion.
The price-earnings ratio of Allegiant Travel Co stands at 12.60, which is below both the industry median of 13.86 and the company's historical median price-earnings ratio.
With the current share price of $79.1 and a GuruFocus Value of $202.28, Allegiant Travel Co's price-to-GF-Value ratio is 0.39. This valuation suggests that the stock may be a Possible Value Trap, and investors should think twice before making an investment decision based on its GF Value.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on the company's past performance, and future business performance estimates provided by Morningstar analysts.
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.
This article first appeared on GuruFocus.
