Allegiant Travel (ALGT)

Company Profile

Allegiant Travel Company operates as a leisure travel company. The Company offers flight transport, hotel booking, car rentals, travel management, and other related services. Allegiant Travel serves customers worldwide.

Company profile

Ticker

ALGT

Exchange

NASDAQ

Website

www.allegiantair.com

CEO

Maurice Gallagher

Incorporated

Nevada

Location

Nevada

Fiscal year end

Dec 31

Sector

Transportation and Warehousing > Scheduled Passenger Air Transportation

Industry (SIC)

Air Transportation, Scheduled

Delta Air Lines • United Airlines • American Airlines • Southwest Airlines • Jetblue Airways • Frontier • Skywest • Alaska Air • Mesa Air • Sun Country Airlines ...

SEC CIK

0001362468

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Allegiant Air, LLC • Allegiant Vacations, LLC • AFH, Inc. • SFB Fueling, LLC • G4 Properties, LLC • Sunrise Asset Management, LLC • Allegiant Commercial Properties Inc. • Sunseeker Resorts, Inc. • Sunseeker Florida, Inc. • Point Charlotte, LLC ...

IRS number

204745737

ALGT stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$96.00

Low target

$83.00

High target

$118.00

Latest filings (excl ownership)

View all

8-K

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

7 Feb 23

8-K

Fourth Quarter and Full-year 2022 Financial Results

1 Feb 23

8-K

Entry into a Material Definitive Agreement

Correspondence with SEC

Correspondence with SEC

3 Nov 22

Allegiant Travel Company Third Quarter Financial Results

2 Nov 22

Transcripts

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ALGT

Earnings call transcript

2022 Q4

1 Feb 23

ALGT

Earnings call transcript

2022 Q3

3 Nov 22

ALGT

Earnings call transcript

2022 Q2

4 Aug 22

ALGT

Earnings call transcript

2022 Q1

5 May 22

ALGT

Earnings call transcript

2021 Q4

3 Feb 22

ALGT

Earnings call transcript

2021 Q3

28 Oct 21

ALGT

Earnings call transcript

2021 Q2

29 Jul 21

ALGT

Earnings call transcript

2021 Q1

5 May 21

ALGT

Earnings call transcript

2020 Q4

4 Feb 21

ALGT

Earnings call transcript

2020 Q3

28 Oct 20

Latest ownership filings

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ROBERT PAUL WILSON III

ROBERT PAUL WILSON III

2 Feb 23

Gregory Clark Anderson

2 Feb 23

JOHN REDMOND

2 Feb 23

Financial summary

Financial statements Chart ALGT financial data

Quarter (USD)	Sep 22	Jun 22	Mar 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	271.20 mm	271.20 mm	271.20 mm	271.20 mm	271.20 mm	271.20 mm
Cash burn (monthly)	48.95 mm	(no burn)	18.72 mm	605.67 k	1.99 mm	(no burn)
Cash used (since last report)	212.92 mm	n/a	81.43 mm	2.63 mm	8.64 mm	n/a
Cash remaining	58.28 mm	n/a	189.77 mm	268.56 mm	262.56 mm	n/a
Runway (months of cash)	1.2	n/a	10.1	443.4	132.2	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2022

ALGT institutional ownership history Ownership history

84.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	209	227	-7.9%
Opened positions	16	42	-61.9%
Closed positions	34	46	-26.1%
Increased positions	104	79	+31.6%
Reduced positions	51	64	-20.3%

13F shares	Current	Prev Q	Change
Total value	1.23 bn	1.93 bn	-36.2%
Total shares	15.52 mm	16.56 mm	-6.3%
Total puts	139.20 k	116.80 k	+19.2%
Total calls	92.60 k	212.00 k	-56.3%
Total put/call ratio	1.5	0.6	+172.8%

Largest owners	Shares	Value	Change
BLK Blackrock	2.39 mm	$174.54 mm	-1.4%
Vanguard	1.68 mm	$122.28 mm	+1.2%
T. Rowe Price Investment Management	1.32 mm	$96.25 mm	NEW
Par Investment Partners	806.50 k	$152.62 mm	0.0%
Diamond Hill Capital Management	755.96 k	$55.17 mm	+50.8%
GROW U.S. Global Investors	671.47 k	$49.00 mm	+12.7%
MCQEF Macquarie	489.20 k	$35.71 mm	+1.5%
BEN Franklin Resources	407.90 k	$29.77 mm	+8.7%
Neuberger Berman	397.17 k	$28.99 mm	-49.7%
Dimensional Fund Advisors	387.02 k	$28.25 mm	-2.4%

Largest transactions	Shares	Bought/sold	Change
T. Rowe Price Investment Management	1.32 mm	+1.32 mm	NEW
T. Rowe Price	288.42 k	-1.04 mm	-78.3%
STT State Street	0.00	-612.43 k	EXIT
Channing Capital Management	0.00	-433.25 k	EXIT
Neuberger Berman	397.17 k	-393.15 k	-49.7%
Geneva Capital Management	0.00	-348.56 k	EXIT
Diamond Hill Capital Management	755.96 k	+254.65 k	+50.8%
NFJ Investment	273.34 k	+235.09 k	+614.7%
New York State Common Retirement Fund	11.54 k	-100.61 k	-89.7%
MS Morgan Stanley	226.31 k	-94.67 k	-29.5%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

ALGT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
6 Feb 23	Scott Sheldon	Common Stock	Sell	Dispose S	No	No	96.709	7,304	706.36 k	30,745
3 Feb 23	Wilson Robert Paul Iii	Common Stock	Sell	Dispose S	No	No	100.98	1,980	199.94 k	21,647
3 Feb 23	Keny Frank Wilper	Common Stock	Sell	Dispose S	No	No	98.033	503	49.31 k	6,627
1 Feb 23	Maurice J Gallagher JR	Common Stock	Payment of exercise	Dispose F	No	No	86.21	1,761	151.82 k	2,176,787
1 Feb 23	John Redmond	Common Stock	Payment of exercise	Dispose F	No	No	86.21	1,090	93.97 k	243,233