CEO, 10% Owner of Allegiant Travel Company (ALGT) Maurice J Jr Gallagher sells 30,000 shares of ALGT on 11/01/2010 at an average price of $47.16 a share.

Allegiant Travel Company has a market cap of $914.9 million; its shares were traded at around $47.39 with a P/E ratio of 14.5 and P/S ratio of 1.6.

ALGT is in the portfolios of Ronald Muhlenkamp of Muhlenkamp Fund, Diamond Hill Capital of Diamond Hill Capital Management Inc, Jim Simons of Renaissance Technologies LLC, Bruce Kovner of Caxton Associates, Pioneer Investments, Steven Cohen of SAC Capital Advisors, RS Investment Management, George Soros of Soros Fund Management LLC, PRIMECAP Management.

This is the annual revenues and earnings per share of ALGT over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of ALGT.

CEO Recent Trades:

• Sell: CEO, 10% Owner Maurice J Jr Gallagher sold 30,000 shares of ALGT stock on 10/28/2010 at the average price of 45.24. Maurice J Jr Gallagher owns at least 3,793,783 shares after this. The price of the stock has increased by 4.75% since.


• Sell: CEO, 10% Owner Maurice J Jr Gallagher sold 68,800 shares of ALGT stock on 06/15/2010 at the average price of 50.03. Maurice J Jr Gallagher owns at least 3,823,783 shares after this. The price of the stock has decreased by 5.28% since.


• Sell: CEO, 10% Owner Maurice J Jr Gallagher sold 30,000 shares of ALGT stock on 06/08/2010 at the average price of 48.71. Maurice J Jr Gallagher owns at least 3,892,583 shares after this. The price of the stock has decreased by 2.71% since.


• Sell: CEO, 10% Owner Maurice J Jr Gallagher sold 70,000 shares of ALGT stock on 06/03/2010 at the average price of 54.3. Maurice J Jr Gallagher owns at least 4,075,783 shares after this. The price of the stock has decreased by 12.73% since.

This is the insider trade history vs. stock price of ALGT. For the complete insider trading history of ALGT, click here.

Directors and Officers Recent Trades:

• Buy: Director Montie Brewer bought 1,000 shares of ALGT stock on 08/06/2010 at the average price of 40.3. Montie Brewer owns at least 5,000 shares after this. The price of the stock has increased by 17.59% since.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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