Insider Selling: 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 company’s stock in a transaction dated 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 owns 22,494 shares in the company, valued at $322,563.96. This trade represents a 3.49 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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 Down 2.2 %

Shares of NASDAQ SNCY opened at $15.66 on Friday. The company has a quick ratio of 0.57, a current ratio of 0.59 and a debt-to-equity ratio of 0.96. The firm has a market cap 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’s fifty day simple moving average is $14.78 and its 200 day simple moving average is $12.57. Sun Country Airlines Holdings, Inc. has a 12-month low of $9.22 and a 12-month high of $16.34.

Sun Country Airlines (NASDAQ:SNCY) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.06 earnings per share (EPS) 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 company had revenue of $249.50 million for the quarter, compared to analysts’ expectations of $250.30 million. During the same quarter in the prior year, the firm earned $0.14 EPS. The business’s revenue was up .2% on a year-over-year basis. As a group, sell-side analysts forecast that Sun Country Airlines Holdings, Inc. will post 0.92 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Sun Country Airlines

Several hedge funds and other institutional investors have recently modified their holdings of the company. Farther Finance Advisors LLC lifted its holdings in shares of Sun Country Airlines by 76.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,300 shares of the company’s stock worth $26,000 after purchasing an additional 1,000 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new position in Sun Country Airlines during the second quarter worth $80,000. US Bancorp DE lifted 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 valued at $94,000 after buying an additional 8,186 shares in the last quarter. Meeder Asset Management Inc. acquired a new position in shares of Sun Country Airlines during the second quarter valued at about $124,000. Finally, Paloma Partners Management Co bought a new stake in shares of Sun Country Airlines during the third quarter worth about $132,000.

Wall Street Analyst Weigh In

Several research analysts have issued reports on SNCY shares. The Goldman Sachs Group restated a “neutral” rating and set a $17.00 price target on shares of Sun Country Airlines in a report on Friday, November 15th. Wolfe Research raised shares of Sun Country Airlines from a “peer perform” rating to an “outperform” rating and set a $14.00 target price for the company in a research note on Tuesday, October 8th. Barclays upped their price target 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, Susquehanna increased their price target on Sun Country Airlines from $14.00 to $16.00 and gave the stock a “neutral” rating in a report on Tuesday. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus 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.