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Insider Trends: Allegiant Travel Insider Extends 90-Day Selling Trend

· 02/05/2021 11:42

04:38 PM EST, 02/05/2021 (MT Newswires) -- Gregory Clark Anderson, EVP & CFO, sold 3,270 shares in Allegiant Travel (ALGT) for $706,680 on Feb 05, 2021. Anderson, following the transactions delineated in the Form 4 SEC filing, has 29,795 company shares, with a market value, based on the prior-day closing price, of $6.54 million.

During the most recent 90-day period, previous to the date of this filing, there have been 5 insider transactions reported to the SEC for Allegiant Travel. These transactions came from the activities of 3 different insiders that resulted in a net disposition of 92,735 company shares. Relative to the preceding 90-day window of time, there were 9 transactions from 5 insiders and resulted in the net disposition of 235,000 shares.

This is a lower level of transactions than the peer group average in the 6-company Regional Airlines peer group over the last 90-day period. Within the peer group activity averaged 92.2 transactions per company, and disposition of 11,562 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1362468/000123512621000002/xslF345X03/primary_doc.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.