<div id="readability-page-1"><p>Jump Financial LLC grew its stake in  Allegiant Travel Company (NASDAQ:ALGT - Free Report) by 195.5% in the 2nd quarter, according to the company in its most recent filing with the Securities &amp; Exchange Commission. The firm owned 127,800 shares of the transportation company's stock after buying an additional 84,555 shares during the quarter. Jump Financial LLC owned 0.70% of Allegiant Travel worth $7,023,000 as of its most recent SEC filing.</p><div><p><span></span><span>Get <strong>Allegiant Travel</strong> alerts:</span></p></div><ul><li>Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?</li></ul><p>Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. acquired a new stake in shares of  Allegiant Travel during the 2nd quarter worth approximately $205,000.  Bayforest Capital Ltd raised its position in shares of  Allegiant Travel by 38.7% in the second quarter. Bayforest Capital Ltd now owns 15,714 shares of the transportation company's stock worth $863,000 after acquiring an additional 4,381 shares during the period.  Hussman Strategic Advisors Inc. purchased a new stake in shares of  Allegiant Travel during the 2nd quarter worth about $1,154,000.  Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in shares of  Allegiant Travel in the 2nd quarter valued at about $204,000.  Finally, U S Global Investors Inc. boosted its position in  Allegiant Travel by 4.3% during the second quarter. U S Global Investors Inc. now owns 430,153 shares of the transportation company's stock worth $23,637,000 after purchasing an additional 17,753 shares in the last quarter. 85.81% of the stock is owned by institutional investors and hedge funds. </p><h2>Allegiant Travel Stock Performance</h2><p>NASDAQ:ALGT opened at $82.24 on Tuesday. The company's 50-day moving average is $67.01 and its two-hundred day moving average is $60.23. The firm has a market capitalization of $1.51 billion, a price-to-earnings ratio of -5.05, a PEG ratio of 0.56 and a beta of 1.67. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.98 and a quick ratio of 0.95. Allegiant Travel Company has a 1-year low of $39.80 and a 1-year high of $107.57. </p><p>Allegiant Travel (NASDAQ:ALGT - Get Free Report) last released its quarterly earnings data on Thursday, May 12th. The transportation company reported $1.18 EPS for the quarter. The firm had revenue of $496.88 million for the quarter. Allegiant Travel had a positive return on equity of 5.24% and a negative net margin of 11.36%. Analysts forecast that  Allegiant Travel Company will post 7.7 EPS for the current year. </p><h2>Analyst Ratings Changes</h2><p>A number of equities research analysts recently issued reports on ALGT shares. Susquehanna lifted their price target on shares of Allegiant Travel from $65.00 to $70.00 and gave the company a &#34;neutral&#34; rating in a research note on Friday, November 14th. Barclays lifted their target price on shares of Allegiant Travel from $52.00 to $60.00 and gave the company an &#34;equal weight&#34; rating in a research report on Wednesday, October 1st. Weiss Ratings  restated a &#34;sell (d)&#34; rating on shares of Allegiant Travel in a research report on Wednesday, October 8th. Citigroup initiated coverage on shares of Allegiant Travel in a report on Thursday. They set a &#34;neutral&#34; rating and a $88.00 target price for the company. Finally, UBS Group raised their price target on shares of Allegiant Travel from $65.00 to $66.00 and gave the stock a &#34;neutral&#34; rating in a research note on Wednesday, November 5th. One investment analyst  has rated the stock with a Strong Buy rating, one  has assigned  a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of &#34;Hold&#34; and an average price target of $73.10.</p><p><b>Check Out Our Latest Report on Allegiant Travel</b></p><h2>Allegiant Travel Company Profile</h2> (Free Report)<p>Allegiant Travel Company, a leisure travel company, provides travel services and products to residents of under-served cities in the United States. The company offers scheduled air transportation on limited-frequency, nonstop flights between under-served cities and leisure destinations. As of February 1, 2024, it operated a fleet of 126 Airbus A320 series aircraft.</p><h2>See Also</h2><ul><li>Five stocks we like better than Allegiant Travel</li><li>Which Wall Street Analysts are the Most Accurate?</li><li>Top 5 Highest-Rated Dividend Stocks, According to MarketBeat</li><li>Stock Analyst Ratings and Canadian Analyst Ratings</li><li>What Dollar Tree’s Surge and Home Depot’s Slide Say About Consumer Health</li><li>How to Calculate Options Profits</li><li>3 Stocks Most Likely to Split in 2026</li></ul><p><strong>Want to see what other hedge funds are holding ALGT?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Allegiant Travel Company (NASDAQ:ALGT - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QUxHVA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QUxHVA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Allegiant Travel Right Now?</h2><p>Before you consider Allegiant Travel, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Allegiant Travel wasn't on the list.</p><p>While Allegiant Travel currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ALGT

<p>Jump Financial LLC increased its stake in Allegiant Travel Company by 195.5% in Q2, owning 127,800 shares worth $7,023,000. Other institutional investors also adjusted their positions. Allegiant's stock opened at $82.24, with a market cap of $1.51 billion. Analysts have mixed ratings, with an average "Hold" and a price target of $73.10.</p>

Allegiant Travel Company $ALGT Shares Bought by Jump Financial LLC