The 25 Biggest Insider Purchases in October

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2. Allegiant Travel Company (NASDAQ:ALGT)

Who Bought Shares: President John Redmond

How Many Shares Were Bought: 11,000 @ $138.28

Date of the Transaction(s): October 27

Allegiant Travel Company (NASDAQ:ALGT)’s President also purchased an additional 12,000 shares in two transactions on October 31, giving him 108,125 shares. The airline company is building its own 680-room resort in Florida in an effort to upsell expensive hotel stays to its customer base. The market has been skeptical about the $420 million project, which is expected to break ground early next year, including its obscure Port Charlotte location.

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