Allegiant Travel Company (ALGT) reported second-quarter 2026 total operating revenue of $943.5 million, up 36.9% from a year earlier. The company posted a GAAP net loss of $4.9 million, compared with a net loss of $65.2 million in the prior-year quarter, and GAAP diluted loss per share of $0.21.
Second-quarter consolidated results include Sun Country operations only from and after the May 13, 2026 acquisition closing date. Allegiant said standalone Allegiant Air revenue reached $776.2 million, up 16.1% year over year.
- Total operating revenue was $943.5 million for the quarter ended June 30, 2026.
- Net loss was $4.9 million, versus a net loss of $65.2 million a year earlier.
- GAAP basic and diluted loss per share were each $0.21.
- Adjusted diluted earnings per share were $2.19, up 78.0% year over year.
- Consolidated total available liquidity at June 30, 2026 was $1.3 billion, including $1.1 billion in cash and investments.
- Consolidated total debt at June 30, 2026 was $2.8 billion.
- The company introduced full-year 2026 combined-company adjusted earnings per share guidance of more than $6.00.
$ALGT Insider Trading Activity
$ALGT insiders have traded $ALGT stock on the open market 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.
Here’s a breakdown of recent trading of $ALGT stock by insiders over the last 6 months:
- MAURICE J JR GALLAGHER (Executive Chairman) has made 0 purchases and 7 sales selling 300,000 shares for an estimated $34,351,256.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$ALGT Hedge Fund Activity
We have seen 137 institutional investors add shares of $ALGT stock to their portfolio, and 84 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- TURAS CAPITAL MANAGEMENT LP added 348,959 shares (+2295.8%) to their portfolio in Q1 2026, for an estimated $28,279,637
- POINT72 ASSET MANAGEMENT, L.P. added 276,882 shares (+inf%) to their portfolio in Q1 2026, for an estimated $22,438,517
- PAR CAPITAL MANAGEMENT INC added 222,110 shares (+35.6%) to their portfolio in Q1 2026, for an estimated $17,999,794
- GOLDMAN SACHS GROUP INC added 196,686 shares (+94.7%) to their portfolio in Q1 2026, for an estimated $15,939,433
- AMERICAN CENTURY COMPANIES INC added 147,606 shares (+20.4%) to their portfolio in Q1 2026, for an estimated $11,961,990
- FRONTIER CAPITAL MANAGEMENT CO LLC added 142,626 shares (+31.1%) to their portfolio in Q1 2026, for an estimated $11,558,411
- UBS GROUP AG removed 139,357 shares (-48.7%) from their portfolio in Q1 2026, for an estimated $11,293,491
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
