Insider Selling: Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Sells 2,127 Shares of Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCYGet Free Report) SVP Grant Whitney sold 2,127 shares of the business’s stock in a transaction on Friday, January 10th. The shares were sold at an average price of $15.98, for a total transaction of $33,989.46. Following the completion of the sale, the senior vice president now directly owns 20,367 shares in the company, valued at $325,464.66. This represents a 9.46 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

  • On Monday, January 13th, Grant Whitney sold 3,912 shares of Sun Country Airlines stock. The shares were sold at an average price of $15.88, for a total value of $62,122.56.
  • On Monday, January 6th, Grant Whitney sold 813 shares of Sun Country Airlines stock. The stock was 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 shares were sold at an average price of $14.19, for a total value of $6,726.06.

Sun Country Airlines Stock Performance

NASDAQ SNCY traded up $0.20 on Tuesday, hitting $16.00. 1,256,587 shares of the stock were exchanged, compared to its average volume of 718,120. The business’s fifty day moving average is $14.86 and its 200 day moving average is $12.66. Sun Country Airlines Holdings, Inc. has a 52 week low of $9.22 and a 52 week high of $16.46. The company has a market capitalization of $847.04 million, a PE ratio of 19.75, 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:SNCYGet Free Report) last issued its earnings results 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 company had revenue of $249.50 million for the quarter, compared to analysts’ expectations of $250.30 million. During the same period in the prior year, the firm earned $0.14 EPS. Sun Country Airlines’s quarterly revenue was up .2% compared to the same quarter last year. Research analysts anticipate that Sun Country Airlines Holdings, Inc. will post 0.92 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Dana Investment Advisors Inc. lifted its position in Sun Country Airlines by 114.5% during the second quarter. Dana Investment Advisors Inc. now owns 808,283 shares of the company’s stock worth $10,152,000 after acquiring an additional 431,515 shares during the last quarter. AQR Capital Management LLC grew its position in shares of Sun Country Airlines by 213.2% in the second quarter. AQR Capital Management LLC now owns 516,269 shares of the company’s stock valued at $6,484,000 after purchasing an additional 351,421 shares during the last quarter. U S Global Investors Inc. increased its stake in shares of Sun Country Airlines by 14.2% during the third quarter. U S Global Investors Inc. now owns 2,705,789 shares of the company’s stock worth $30,332,000 after purchasing an additional 336,086 shares during the period. Hotchkis & Wiley Capital Management LLC acquired a new stake in Sun Country Airlines during the 3rd quarter worth approximately $2,980,000. Finally, American Century Companies Inc. boosted its stake in Sun Country Airlines by 40.0% in the 2nd quarter. American Century Companies Inc. now owns 901,335 shares of the company’s stock valued at $11,321,000 after purchasing an additional 257,418 shares during the period.

Wall Street Analysts Forecast Growth

SNCY has been the subject of several research reports. Barclays raised their price target on shares of Sun Country Airlines from $20.00 to $24.00 and gave the stock an “overweight” rating in a research note on Thursday, November 14th. Susquehanna raised their target price on shares of Sun Country Airlines from $14.00 to $16.00 and gave the company a “neutral” rating in a research report on Tuesday, January 7th. Wolfe Research raised shares of Sun Country Airlines from a “peer perform” rating to an “outperform” rating and set a $14.00 price target on the stock in a research report on Tuesday, October 8th. Finally, The Goldman Sachs Group restated a “neutral” rating and issued a $17.00 price objective on shares of Sun Country Airlines in a report on Friday, November 15th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $18.67.

Read Our Latest Report on Sun Country Airlines

Sun Country Airlines Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Sun Country Airlines (NASDAQ:SNCY)

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