Gregory A. Mays Sells 1,036 Shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) COO Gregory A. Mays sold 1,036 shares of the company’s stock in a transaction on Friday, January 3rd. The shares were sold at an average price of $14.23, for a total transaction of $14,742.28. Following the sale, the chief operating officer now directly owns 66,351 shares in the company, valued at approximately $944,174.73. The trade was a 1.54 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Sun Country Airlines Stock Up 6.4 %

Shares of SNCY stock traded up $0.96 during mid-day trading on Tuesday, hitting $16.01. The stock had a trading volume of 1,006,629 shares, compared to its average volume of 636,030. Sun Country Airlines Holdings, Inc. has a 12-month low of $9.22 and a 12-month high of $16.34. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.59 and a quick ratio of 0.57. The firm’s 50-day moving average is $14.62 and its two-hundred day moving average is $12.50. The firm has a market capitalization of $847.57 million, a P/E ratio of 19.77, a price-to-earnings-growth ratio of 0.71 and a beta of 1.44.

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

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Farther Finance Advisors LLC grew its stake in Sun Country Airlines by 76.9% in the third quarter. Farther Finance Advisors LLC now owns 2,300 shares of the company’s stock valued at $26,000 after purchasing an additional 1,000 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in shares of Sun Country Airlines by 7.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 14,971 shares of the company’s stock worth $188,000 after buying an additional 1,087 shares during the last quarter. Public Sector Pension Investment Board raised its stake in shares of Sun Country Airlines by 3.1% during the 2nd quarter. Public Sector Pension Investment Board now owns 83,395 shares of the company’s stock worth $1,047,000 after acquiring an additional 2,512 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Sun Country Airlines by 1.1% during the second quarter. Bank of New York Mellon Corp now owns 327,898 shares of the company’s stock valued at $4,118,000 after acquiring an additional 3,641 shares during the last quarter. Finally, Creative Planning boosted its stake in Sun Country Airlines by 36.0% in the third quarter. Creative Planning now owns 18,734 shares of the company’s stock valued at $210,000 after acquiring an additional 4,954 shares in the last quarter.

Analyst Ratings Changes

Several brokerages have weighed in on SNCY. 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 note on Tuesday. Wolfe Research upgraded Sun Country Airlines from a “peer perform” rating to an “outperform” rating and set a $14.00 price target on the stock in a report on Tuesday, October 8th. Barclays boosted their price objective on shares of 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, The Goldman Sachs Group reissued a “neutral” rating and issued a $17.00 price objective on shares of Sun Country Airlines in a research note on Friday, November 15th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price 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.