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Allegiant Travel Confirms Board Election and Key Approvals

Story Highlights
  • Allegiant Travel Company held its Annual Meeting on June 26, 2025, confirming an eight-member Board of Directors.
  • Stockholders approved executive compensation, an amendment to the 2022 Incentive Plan, and ratified KPMG LLP’s appointment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Allegiant Travel Confirms Board Election and Key Approvals

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Allegiant Travel Company ( (ALGT) ) just unveiled an announcement.

On June 26, 2025, Allegiant Travel Company held its Annual Meeting of Stockholders where several key proposals were voted on. The election of an eight-member Board of Directors was confirmed, with Maurice J. Gallagher, Jr. and Gregory Anderson receiving the highest votes. Additionally, the stockholders approved the executive compensation and an amendment to the Company’s 2022 Long-term Incentive Plan. The appointment of KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025, was also ratified.

The most recent analyst rating on (ALGT) stock is a Hold with a $87.00 price target. To see the full list of analyst forecasts on Allegiant Travel Company stock, see the ALGT Stock Forecast page.

Spark’s Take on ALGT Stock

According to Spark, TipRanks’ AI Analyst, ALGT is a Neutral.

Allegiant’s overall score reflects significant operational challenges and high leverage, partially offset by strong cash flow improvements and positive recent corporate actions. Technical analysis and valuation present additional concerns, while the earnings call suggests potential resilience.

To see Spark’s full report on ALGT stock, click here.

More about Allegiant Travel Company

Average Trading Volume: 450,257

Technical Sentiment Signal: Strong Sell

Current Market Cap: $997.6M

For a thorough assessment of ALGT stock, go to TipRanks’ Stock Analysis page.

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