SPY381.72-1.91 -0.50%
DIA318.25+3.01 0.95%
IXIC12,609.16-310.99 -2.41%

Insider Trends: Selling By Insiders Lingers at Allegiant Travel

· 02/05/2021 11:49

04:43 PM EST, 02/05/2021 (MT Newswires) -- Linda A Marvin, Director, sold 1,000 shares in Allegiant Travel (ALGT) for $214,520 on Feb 05, 2021. Following the Form 4 filing with the SEC, Marvin owns 7,000 shares of company stock, which have a market value of $1.54 million as of the prior-day closing price.

Over the last 90 days, prior 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 separate insiders that resulted in a net disposition of 92,735 company shares. This compares with the preceding 90-day window of time where there were 9 transactions from 5 insiders that 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. 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/1362468/000123512621000003/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.