Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Sells $62,122.56 in Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Grant Whitney sold 3,912 shares of the business’s stock in a transaction on Monday, January 13th. The shares were sold at an average price of $15.88, for a total transaction of $62,122.56. Following the completion of the transaction, the senior vice president now directly owns 16,455 shares of the company’s stock, valued at $261,305.40. This trade represents a 19.21 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Friday, January 10th, Grant Whitney sold 2,127 shares of Sun Country Airlines stock. The shares were sold at an average price of $15.98, for a total value of $33,989.46.
• On Monday, January 6th, Grant Whitney sold 813 shares of Sun Country Airlines stock. The shares were sold at an average price of $14.34, for a total value of $11,658.42.
• 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 0.2 %

Shares of NASDAQ:SNCY opened at $15.98 on Friday. The firm has a market cap of $845.98 million, a P/E ratio of 19.73, a P/E/G ratio of 0.36 and a beta of 1.44. Sun Country Airlines Holdings, Inc. has a 12-month low of $9.22 and a 12-month high of $16.46. The business has a fifty day simple moving average of $14.87 and a 200 day simple moving average of $12.68. The company has a quick ratio of 0.57, a current ratio of 0.59 and a debt-to-equity ratio of 0.96.

Sun Country Airlines (NASDAQ:SNCY) last released its quarterly earnings results on Wednesday, October 30th. The company reported $0.06 earnings per share (EPS) for the quarter, hitting the consensus estimate 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 EPS. The company’s revenue was up .2% compared to the same quarter last year. Analysts predict that Sun Country Airlines Holdings, Inc. will post 0.93 earnings per share for the current year.

Institutional Trading of Sun Country Airlines

A number of institutional investors have recently bought and sold shares of SNCY. Assenagon Asset Management S.A. lifted its stake in shares of Sun Country Airlines by 87.8% in the 4th quarter. Assenagon Asset Management S.A. now owns 419,360 shares of the company’s stock valued at $6,114,000 after purchasing an additional 196,094 shares during the period. JPMorgan Chase & Co. increased its holdings in Sun Country Airlines by 695.3% in the third quarter. JPMorgan Chase & Co. now owns 257,101 shares of the company’s stock worth $2,882,000 after purchasing an additional 224,774 shares in the last quarter. Franklin Resources Inc. lifted its stake in Sun Country Airlines by 29.3% in the third quarter. Franklin Resources Inc. now owns 25,483 shares of the company’s stock valued at $269,000 after buying an additional 5,782 shares during the period. Barclays PLC boosted its holdings in shares of Sun Country Airlines by 260.8% during the 3rd quarter. Barclays PLC now owns 117,457 shares of the company’s stock worth $1,316,000 after buying an additional 84,906 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of Sun Country Airlines in the 3rd quarter valued at $292,000.

Analyst Ratings Changes

Several brokerages have issued reports 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 objective for the company in a research report on Tuesday, October 8th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $17.00 price target on shares of Sun Country Airlines in a research note on Friday, November 15th. Barclays upped their price objective on Sun Country Airlines from $20.00 to $24.00 and gave the stock an “overweight” rating in a research report on Thursday, November 14th. Finally, Susquehanna raised their price objective on Sun Country Airlines from $14.00 to $16.00 and gave the company a “neutral” rating in a research note on Tuesday, January 7th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average 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.