David M. Davis Sells 2,115 Shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) CFO David M. Davis sold 2,115 shares of the company’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $14.51, for a total value of $30,688.65. Following the completion of the sale, the chief financial officer now directly owns 36,158 shares of the company’s stock, valued at approximately $524,652.58. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Sun Country Airlines Trading Down 1.3 %

SNCY stock traded down $0.20 during midday trading on Thursday, hitting $15.36. The company had a trading volume of 518,863 shares, compared to its average volume of 661,825. The stock has a market cap of $813.16 million, a price-to-earnings ratio of 18.96, a PEG ratio of 0.66 and a beta of 1.48. Sun Country Airlines Holdings, Inc. has a 52 week low of $9.22 and a 52 week high of $17.56. 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 stock’s 50 day moving average price is $11.60 and its 200 day moving average price is $11.52.

Sun Country Airlines (NASDAQ:SNCY) last announced its quarterly earnings results on Wednesday, October 30th. The company reported $0.06 earnings per share for the quarter, meeting the consensus estimate of $0.06. The business had revenue of $249.50 million during the quarter, compared to analysts’ expectations of $250.30 million. Sun Country Airlines had a net margin of 4.25% and a return on equity of 9.00%. The firm’s revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.14 EPS. As a group, equities research analysts expect that Sun Country Airlines Holdings, Inc. will post 0.98 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Susquehanna boosted their price objective on shares of Sun Country Airlines from $11.00 to $14.00 and gave the stock a “neutral” rating in a report on Monday. Wolfe Research upgraded shares of Sun Country Airlines from a “peer perform” rating to an “outperform” rating and set a $14.00 target price on the stock in a research report on Tuesday, October 8th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $17.80.

Institutional Investors Weigh In On Sun Country Airlines

Several institutional investors and hedge funds have recently bought and sold shares of the business. LSV Asset Management raised its holdings in shares of Sun Country Airlines by 32.2% during the first quarter. LSV Asset Management now owns 252,458 shares of the company’s stock valued at $3,810,000 after acquiring an additional 61,558 shares in the last quarter. DekaBank Deutsche Girozentrale purchased a new stake in shares of Sun Country Airlines in the 1st quarter worth about $66,000. Algert Global LLC boosted its stake in shares of Sun Country Airlines by 207.3% during the 2nd quarter. Algert Global LLC now owns 360,273 shares of the company’s stock valued at $4,525,000 after purchasing an additional 243,028 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Sun Country Airlines by 1.6% during the first quarter. Vanguard Group Inc. now owns 4,677,081 shares of the company’s stock valued at $70,577,000 after buying an additional 75,252 shares during the period. Finally, Maverick Capital Ltd. purchased a new stake in Sun Country Airlines in the second quarter worth about $1,890,000.

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.