Jude Bricker Sells 2,172 Shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) CEO Jude Bricker sold 2,172 shares of the business’s stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $12.02, for a total value of $26,107.44. Following the transaction, the chief executive officer now directly owns 127,589 shares of the company’s stock, valued at $1,533,619.78. This trade represents a 1.67 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Sun Country Airlines Price Performance

NASDAQ SNCY traded down $0.96 during trading hours on Thursday, hitting $11.31. The company had a trading volume of 508,129 shares, compared to its average volume of 728,394. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.61 and a current ratio of 0.63. The firm has a market capitalization of $601.22 million, a price-to-earnings ratio of 11.91, a PEG ratio of 0.42 and a beta of 1.46. Sun Country Airlines Holdings, Inc. has a 52 week low of $9.22 and a 52 week high of $18.59. The firm has a 50 day simple moving average of $15.30 and a 200 day simple moving average of $14.25.

Sun Country Airlines (NASDAQ:SNCY) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.06. Sun Country Airlines had a net margin of 4.92% and a return on equity of 10.23%. The company had revenue of $260.40 million for the quarter, compared to analysts’ expectations of $258.04 million. During the same period in the prior year, the business earned $0.12 earnings per share. Sun Country Airlines’s revenue for the quarter was up 6.1% compared to the same quarter last year. Equities research analysts expect that Sun Country Airlines Holdings, Inc. will post 1.92 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on SNCY. Susquehanna upped their price target 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. JPMorgan Chase & Co. started coverage on Sun Country Airlines in a report on Wednesday, January 22nd. They issued an “overweight” rating and a $23.00 price objective for the company. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $19.29.

Institutional Trading of Sun Country Airlines

A number of hedge funds have recently made changes to their positions in SNCY. Ameriprise Financial Inc. raised its position in Sun Country Airlines by 34.0% during the fourth quarter. Ameriprise Financial Inc. now owns 3,118,136 shares of the company’s stock valued at $45,467,000 after purchasing an additional 791,669 shares in the last quarter. Pacer Advisors Inc. bought a new position in shares of Sun Country Airlines during the 4th quarter valued at about $30,841,000. T. Rowe Price Investment Management Inc. raised its holdings in shares of Sun Country Airlines by 24.3% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,912,664 shares of the company’s stock valued at $27,887,000 after buying an additional 374,221 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Sun Country Airlines by 19.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,639,615 shares of the company’s stock worth $23,906,000 after buying an additional 264,976 shares during the last quarter. Finally, State Street Corp lifted its position in Sun Country Airlines by 3.3% in the 3rd quarter. State Street Corp now owns 1,580,834 shares of the company’s stock worth $17,721,000 after buying an additional 51,224 shares during the last quarter.

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.