Allegiant Travel Company Discloses Lobbying Expenditures and Insider Trading Trends
In a recent filing under the Lobbying Disclosure Act, ALLEGIANT TRAVEL COMPANY reported expenditures of $70,000 for lobbying activities in the fourth quarter of 2024.
Lobbying Focus Areas
These lobbying efforts addressed various air travel issues, including:
“Multiple issues regarding air travel, such as topics within the Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2025 (H.R. 9028) and the FAA Reauthorization Act of 2024 (H.R. 3935). This also included discussions on the Allegiant/Viva Aerobus Joint Venture (DOT-OST-2021-0152) and the Airport Gate Competition Act (S. 4269), along with multiple legislative proposals concerning hotel pricing display methodologies.”
Further details on corporate lobbying can be found on Quiver Quantitative.
Insider Trading Overview
Over the last six months, ALGT insiders have executed 9 trades of $ALGT stock, with no purchases recorded and all trades consisting of sales.
Here’s a summary of insider trading activity for $ALGT stock in this period:
- SANDRA DOUGLASS MORGAN sold 350 shares.
- MAURICE J JR GALLAGHER (Executive Chairman) has conducted 4 trades, all of which were sales, totaling 38,701 shares sold.
- KENY FRANK WILPER (COO) executed 3 trades, all sales, amounting to 1,334 shares sold.
- GARY ELLMER sold 1,000 shares.
To stay updated on insider transactions, visit Quiver Quantitative’s insider trading dashboard.
Institutional Investor Activity
Recently, 106 institutional investors have increased their positions in ALGT shares, while 135 have decreased their holdings in the same quarter.
For more insights into hedge funds and their stock portfolios, check out Quiver Quantitative’s institutional holdings dashboard.
This article is not financial advice. For further information, refer to Quiver Quantitative’s disclaimers.
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