Disposition of 19072 shares by Wilson Robert Paul Iii of Allegiant Travel at 49.46 subject to Rule 16b-3

ALGT Stock  USD 84.90  2.44  2.79%   
Slightly above 57% of Allegiant Travel's investor base is looking to short. The analysis of overall sentiment of trading Allegiant Travel stock suggests that many investors are alarmed at this time. Allegiant Travel's investing sentiment can be driven by a variety of factors including economic data, Allegiant Travel's earnings reports, geopolitical events, and overall market trends.
  
Filed transaction by Allegiant Travel Officer: Evp And Cio. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

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Disposition of 19072 common stock at 49.46 of Allegiant Travel by Wilson Robert Paul Iii on 1st of July 2024. This event was filed by Allegiant Travel with SEC on 2024-07-01. Statement of changes in beneficial ownership - SEC Form 4

Cash Flow Correlation

Allegiant Travel's cash-flow correlation analysis can be used to evaluate the unsystematic risk during the given period. It also helps investors identify the Allegiant Travel's relationships between the major components of the statement of changes in financial position and other commonly used cash-related accounts. When such correlations are discovered, they may help managers and analysts to enhance performance or determine appealing investment opportunities.
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Allegiant Travel Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Allegiant Travel can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Allegiant Travel Fundamental Analysis

We analyze Allegiant Travel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Allegiant Travel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Allegiant Travel based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Shares Outstanding

Shares Outstanding Comparative Analysis

Allegiant Travel is currently under evaluation in shares outstanding category among its peers. Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Allegiant Travel Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Allegiant Travel stock to make a market-neutral strategy. Peer analysis of Allegiant Travel could also be used in its relative valuation, which is a method of valuing Allegiant Travel by comparing valuation metrics with similar companies.

Peers

Allegiant Travel Related Equities

MESAMesa Air   0.94   
0%
30.0%
ATSGAir Transport   0.18   
5.0%
0%
SKYWSkyWest   0.60   
19.0%
0%
ALKAlaska Air   1.34   
43.0%
0%
SNCYSun Country   2.10   
68.0%
0%
VLRSVolaris   2.23   
72.0%
0%
AZULAzul SA   2.39   
78.0%
0%
ULCCFrontier Group   2.62   
85.0%
0%
JBLUJetBlue Airways   2.76   
90.0%
0%
BABWFInternational Consolidated   3.06   
100.0%
0%

Additional Tools for Allegiant Stock Analysis

When running Allegiant Travel's price analysis, check to measure Allegiant Travel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Allegiant Travel is operating at the current time. Most of Allegiant Travel's value examination focuses on studying past and present price action to predict the probability of Allegiant Travel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allegiant Travel's price. Additionally, you may evaluate how the addition of Allegiant Travel to your portfolios can decrease your overall portfolio volatility.