Insider Trends: Selling By Insiders Lingers at Allegiant Travel
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
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