Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Sells $11,658.42 in Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Grant Whitney sold 813 shares of the stock in a transaction on Monday, January 6th. The shares were sold at an average price of $14.34, for a total value of $11,658.42. Following the completion of the sale, the senior vice president now directly owns 22,494 shares of the company’s stock, valued at $322,563.96. The trade was a 3.49 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Grant Whitney also recently made the following trade(s):

• On Friday, January 3rd, Grant Whitney sold 474 shares of Sun Country Airlines stock. The stock was sold at an average price of $14.19, for a total transaction of $6,726.06.

Sun Country Airlines Stock Down 2.2 %

Shares of NASDAQ SNCY opened at $15.66 on Friday. The business’s fifty day moving average price is $14.78 and its 200-day moving average price is $12.57. Sun Country Airlines Holdings, Inc. has a one year low of $9.22 and a one year high of $16.34. The stock has a market capitalization of $829.04 million, a PE ratio of 19.33, a P/E/G ratio of 0.71 and a beta of 1.44. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.59 and a quick ratio of 0.57.

Sun Country Airlines (NASDAQ:SNCY) last issued its earnings results on Wednesday, October 30th. The company reported $0.06 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.06. Sun Country Airlines had a net margin of 4.25% and a return on equity of 9.00%. The firm had revenue of $249.50 million during the quarter, compared to analyst estimates of $250.30 million. During the same quarter last year, the business earned $0.14 earnings per share. The company’s quarterly revenue was up .2% on a year-over-year basis. On average, equities research analysts anticipate that Sun Country Airlines Holdings, Inc. will post 0.92 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Farther Finance Advisors LLC lifted its position in shares of Sun Country Airlines by 76.9% during the third quarter. Farther Finance Advisors LLC now owns 2,300 shares of the company’s stock worth $26,000 after acquiring an additional 1,000 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new stake in shares of Sun Country Airlines during the 2nd quarter valued at $80,000. US Bancorp DE lifted its holdings in Sun Country Airlines by 4,522.7% during the 3rd quarter. US Bancorp DE now owns 8,367 shares of the company’s stock worth $94,000 after purchasing an additional 8,186 shares in the last quarter. Meeder Asset Management Inc. bought a new position in Sun Country Airlines in the 2nd quarter worth about $124,000. Finally, Paloma Partners Management Co purchased a new position in Sun Country Airlines during the 3rd quarter valued at about $132,000.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on SNCY shares. Wolfe Research raised shares of Sun Country Airlines from a “peer perform” rating to an “outperform” rating and set a $14.00 price objective for the company in a research report on Tuesday, October 8th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $17.00 target price on shares of Sun Country Airlines in a report on Friday, November 15th. Barclays increased their price target on Sun Country Airlines from $20.00 to $24.00 and gave the company an “overweight” rating in a research report on Thursday, November 14th. Finally, Susquehanna boosted their price objective on Sun Country Airlines from $14.00 to $16.00 and gave the stock a “neutral” rating in a research report on Tuesday. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, Sun Country Airlines currently has a consensus rating of “Moderate Buy” and an average price target of $18.67.

About Sun Country Airlines

Sun Country Airlines Holdings, Inc, an air carrier company, operates scheduled passenger, air cargo, charter air transportation, and related services in the United States, Latin America, and internationally. It operates through two segments, Passenger and Cargo. The company also provides crew, maintenance, and insurance services through ad hoc, repeat, short-term, and long-term service contracts; and loyalty program rewards.