In a filing, Allegiant Travel revealed its COO Wilper Keny Frank unloaded Company’s shares for reported $16564.0 on Oct 04 ’24. In the deal valued at $55.96 per share,296 shares were sold. As a result of this transaction, Wilper Keny Frank now holds 17,398 shares worth roughly $1.0 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Wilper Keny Frank bought 296 shares, generating $16,564 in total proceeds.
Before that, ELLMER GARY sold 1,000 shares. Allegiant Travel shares valued at $45,000 were divested by the Director at a price of $45.00 per share. As a result of the transaction, ELLMER GARY now holds 7,490 shares, worth roughly $0.43 million.
TD Cowen reiterated its Allegiant Travel [ALGT] rating to a Hold in a research note published on October 03, 2024; the price target was $42. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in early August has reiterated a ‘”a Hold”‘ rating for it. TD Cowen also remained covering ALGT and reiterated its “Hold” recommendation on July 17, 2024. Deutsche Bank revised its rating on July 08, 2024. It rated ALGT as “a Hold” which previously was an “a Buy”.
Price Performance Review of ALGT
On Monday, Allegiant Travel [NASDAQ:ALGT] saw its stock fall -0.26% to $57.66. Over the last five days, the stock has gained 4.72%. Allegiant Travel shares have fallen nearly -30.20% since the year began. Nevertheless, the stocks have fallen -24.41% over the past one year. While a 52-week high of $85.91 was reached on 02/15/24, a 52-week low of $36.08 was recorded on 08/12/24. SMA at 50 days reached $44.68, while 200 days put it at $59.52.
Levels Of Support And Resistance For ALGT Stock
The 24-hour chart illustrates a support level at 56.15, which if violated will result in even more drops to 54.63. On the upside, there is a resistance level at 58.83. A further resistance level may holdings at 59.99. The Relative Strength Index (RSI) on the 14-day chart is 74.94, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.89, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.85%. Stochastics %K at 88.77% indicates the stock is a selling.
How much short interest is there in Allegiant Travel?
A steep rise in short interest was recorded in Allegiant Travel stocks on 2024-09-13, growing by 69938.0 shares to a total of 1.95 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 1.88 million shares. There was a rise of 3.58%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on May 15, 2024 when TD Cowen resumed its ‘”a Hold”‘ rating for the stock and retained the price target to $60.
