Allegiant Travel Company (ALGT) Receives a Hold from Morgan Stanley

Morgan Stanley analyst Ravi Shanker maintained a Hold rating on Allegiant Travel Company today and set a price target of $80.00. The company’s shares closed last Friday at $62.79.

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Shanker covers the Industrials sector, focusing on stocks such as Allegiant Travel Company, JB Hunt, and ArcBest. According to TipRanks, Shanker has an average return of -2.1% and a 45.42% success rate on recommended stocks.

In addition to Morgan Stanley, Allegiant Travel Company also received a Hold from TR | OpenAI – 4o’s Lyra Jetlyn in a report issued on October 4. However, on October 1, Raymond James reiterated a Buy rating on Allegiant Travel Company (NASDAQ: ALGT).

ALGT market cap is currently $1.15B and has a P/E ratio of -3.94.

Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ALGT in relation to earlier this year. Most recently, in August 2025, Gary Ellmer, a Director at ALGT sold 2,000.00 shares for a total of $98,000.00.