Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Grant Whitney Sells 813 Shares

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Grant Whitney sold 813 shares of the company’s 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 transaction, the senior vice president now directly owns 22,494 shares in the company, valued at approximately $322,563.96. The trade was a 3.49 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 value of $6,726.06.

Sun Country Airlines Stock Performance

Shares of NASDAQ SNCY opened at $16.01 on Wednesday. Sun Country Airlines Holdings, Inc. has a 12-month low of $9.22 and a 12-month high of $16.34. The firm has a market capitalization of $847.57 million, a price-to-earnings ratio of 19.77, a price-to-earnings-growth ratio of 0.71 and a beta of 1.44. The company has a current ratio of 0.59, a quick ratio of 0.57 and a debt-to-equity ratio of 0.96. The firm has a 50 day moving average of $14.69 and a 200 day moving average of $12.53.

Sun Country Airlines (NASDAQ:SNCY) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.06 earnings per share (EPS) for the quarter, meeting 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 the consensus estimate of $250.30 million. During the same quarter in the previous year, the firm posted $0.14 EPS. The company’s revenue for the quarter was up .2% compared to the same quarter last year. On average, research analysts anticipate that Sun Country Airlines Holdings, Inc. will post 0.92 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in SNCY. Farther Finance Advisors LLC grew its stake in shares of Sun Country Airlines by 76.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,300 shares of the company’s stock valued at $26,000 after acquiring an additional 1,000 shares during the period. Allspring Global Investments Holdings LLC bought a new position in shares of Sun Country Airlines in the second quarter worth approximately $80,000. US Bancorp DE increased its stake in shares of Sun Country Airlines by 4,522.7% in the third 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 stake in shares of Sun Country Airlines during the 2nd quarter valued at $124,000. Finally, Paloma Partners Management Co bought a new stake in shares of Sun Country Airlines during the 3rd quarter valued at $132,000.

Wall Street Analyst Weigh In

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

Sun Country Airlines Company Profile

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.