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

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

Sun Country Airlines Stock Performance

SNCY stock opened at $16.01 on Wednesday. The firm has a 50 day simple moving average of $14.69 and a 200 day simple moving average of $12.53. Sun Country Airlines Holdings, Inc. has a 52 week low of $9.22 and a 52 week high of $16.34. The stock has a market cap of $847.57 million, a P/E ratio of 19.77, 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 quick ratio of 0.57 and a current ratio of 0.59.

Sun Country Airlines (NASDAQ:SNCY) 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 during the quarter, compared to analyst estimates of $250.30 million. During the same quarter last year, the business posted $0.14 EPS. The company’s revenue for the quarter was up .2% on a year-over-year basis. Research analysts anticipate that Sun Country Airlines Holdings, Inc. will post 0.92 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Dana Investment Advisors Inc. lifted its holdings in shares of Sun Country Airlines by 114.5% during the 2nd quarter. Dana Investment Advisors Inc. now owns 808,283 shares of the company’s stock valued at $10,152,000 after buying an additional 431,515 shares during the last quarter. LSV Asset Management lifted its stake in Sun Country Airlines by 159.9% in the second quarter. LSV Asset Management now owns 656,088 shares of the company’s stock valued at $8,240,000 after acquiring an additional 403,630 shares during the last quarter. AQR Capital Management LLC grew its position in Sun Country Airlines by 213.2% in the second quarter. AQR Capital Management LLC now owns 516,269 shares of the company’s stock worth $6,484,000 after acquiring an additional 351,421 shares in the last quarter. U S Global Investors Inc. increased its stake in shares of Sun Country Airlines by 14.2% during the 3rd 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 last quarter. Finally, Hotchkis & Wiley Capital Management LLC bought a new position in shares of Sun Country Airlines during the 3rd quarter valued at $2,980,000.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Susquehanna increased their price target on Sun Country Airlines from $14.00 to $16.00 and gave the company a “neutral” rating in a research report on Tuesday. The Goldman Sachs Group reiterated a “neutral” rating and issued a $17.00 target price on shares of Sun Country Airlines in a report on Friday, November 15th. 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 report on Tuesday, October 8th. Finally, Barclays lifted their price objective on shares of Sun Country Airlines from $20.00 to $24.00 and gave the stock an “overweight” rating in a research report on Thursday, November 14th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average 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.