Insider Selling: Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Sells 813 Shares of Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Grant Whitney sold 813 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $14.34, for a total value of $11,658.42. Following the completion of the transaction, the senior vice president now directly owns 22,494 shares in the company, valued at approximately $322,563.96. This represents a 3.49 % 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 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 transaction of $6,726.06.

Sun Country Airlines Stock Up 6.4 %

Shares of NASDAQ SNCY opened at $16.01 on Wednesday. The company has a current ratio of 0.59, a quick ratio of 0.57 and a debt-to-equity ratio of 0.96. Sun Country Airlines Holdings, Inc. has a 12-month low of $9.22 and a 12-month high of $16.34. The firm’s 50-day moving average price is $14.69 and its 200-day moving average price is $12.53. The stock has a market capitalization of $847.57 million, a price-to-earnings ratio of 19.77, a P/E/G ratio of 0.71 and a beta of 1.44.

Sun Country Airlines (NASDAQ:SNCY) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.06 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.06. The business had revenue of $249.50 million during the quarter, compared to analyst estimates of $250.30 million. Sun Country Airlines had a return on equity of 9.00% and a net margin of 4.25%. The company’s revenue for the quarter was up .2% on a year-over-year basis. During the same period last year, the company earned $0.14 EPS. On average, equities research analysts anticipate that Sun Country Airlines Holdings, Inc. will post 0.92 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on SNCY. Barclays upped their target price 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. The Goldman Sachs Group restated a “neutral” rating and set a $17.00 price objective on shares of Sun Country Airlines in a research report on Friday, November 15th. Susquehanna boosted their target price on Sun Country Airlines from $14.00 to $16.00 and gave the stock a “neutral” rating in a research report on Tuesday. Finally, Wolfe Research upgraded Sun Country Airlines from a “peer perform” rating to an “outperform” rating and set a $14.00 price target for the company in a report on Tuesday, October 8th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $18.67.

Institutional Inflows and Outflows

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

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.