Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Grant Whitney Sells 3,912 Shares

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCYGet Free Report) SVP Grant Whitney sold 3,912 shares of the firm’s stock in a transaction on Monday, January 13th. The shares were sold at an average price of $15.88, for a total transaction of $62,122.56. Following the completion of the sale, the senior vice president now owns 16,455 shares in the company, valued at $261,305.40. The trade was a 19.21 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Grant Whitney also recently made the following trade(s):

  • On Friday, January 10th, Grant Whitney sold 2,127 shares of Sun Country Airlines stock. The shares were sold at an average price of $15.98, for a total value of $33,989.46.
  • On Monday, January 6th, Grant Whitney sold 813 shares of Sun Country Airlines stock. The shares were sold at an average price of $14.34, for a total value of $11,658.42.
  • 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 Price Performance

SNCY stock opened at $16.00 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. The company has a market capitalization of $847.04 million, a P/E ratio of 19.75, a PEG ratio of 0.71 and a beta of 1.44. The business has a 50 day simple moving average of $14.86 and a 200-day simple moving average of $12.66. Sun Country Airlines Holdings, Inc. has a twelve month low of $9.22 and a twelve month high of $16.46.

Sun Country Airlines (NASDAQ:SNCYGet Free Report) last released its quarterly earnings results on Wednesday, October 30th. The company reported $0.06 EPS for the quarter, meeting the consensus estimate of $0.06. Sun Country Airlines had a net margin of 4.25% and a return on equity of 9.00%. The firm had revenue of $249.50 million during the quarter, compared to the consensus estimate of $250.30 million. During the same quarter in the prior year, the firm earned $0.14 EPS. Sun Country Airlines’s revenue for the quarter was up .2% on a year-over-year basis. As a group, equities analysts anticipate that Sun Country Airlines Holdings, Inc. will post 0.92 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Barclays boosted their target price on Sun Country Airlines from $20.00 to $24.00 and gave the stock an “overweight” rating in a research note on Thursday, November 14th. Wolfe Research upgraded shares of Sun Country Airlines from a “peer perform” rating to an “outperform” rating and set a $14.00 price objective for the company in a research report on Tuesday, October 8th. The Goldman Sachs Group restated a “neutral” rating and issued a $17.00 target price on shares of Sun Country Airlines in a report on Friday, November 15th. Finally, Susquehanna lifted their price target on shares of Sun Country Airlines from $14.00 to $16.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 7th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $18.67.

View Our Latest Analysis on SNCY

Institutional Investors Weigh In On Sun Country Airlines

Several hedge funds have recently made changes to their positions in the business. State Street Corp raised its stake in Sun Country Airlines by 3.3% during the 3rd quarter. State Street Corp now owns 1,580,834 shares of the company’s stock valued at $17,721,000 after acquiring an additional 51,224 shares during the last quarter. FMR LLC increased its holdings in shares of Sun Country Airlines by 19.0% in the third quarter. FMR LLC now owns 717,341 shares of the company’s stock valued at $8,041,000 after purchasing an additional 114,687 shares during the period. Algert Global LLC raised its stake in shares of Sun Country Airlines by 207.3% during the second quarter. Algert Global LLC now owns 360,273 shares of the company’s stock worth $4,525,000 after purchasing an additional 243,028 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Sun Country Airlines during the third quarter worth $500,000. Finally, Maverick Capital Ltd. purchased a new position in Sun Country Airlines in the 2nd quarter valued at $1,890,000.

About Sun Country Airlines

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Sun Country Airlines (NASDAQ:SNCY)

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