Erin Rose Neale Sells 1,738 Shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Erin Rose Neale sold 1,738 shares of the stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $14.88, for a total transaction of $25,861.44. Following the completion of the sale, the senior vice president now directly owns 30,142 shares of the company’s stock, valued at $448,512.96. This trade represents a 5.45 % 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 Price Performance

SNCY opened at $15.00 on Friday. The company has a market capitalization of $794.10 million, a P/E ratio of 18.52, a PEG ratio of 0.71 and a beta of 1.46. The company has a 50-day moving average of $14.00 and a 200-day moving average of $12.14. 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 Holdings, Inc. has a 1-year low of $9.22 and a 1-year high of $16.42.

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

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on SNCY. The Goldman Sachs Group restated a “neutral” rating and issued a $17.00 target price on shares of Sun Country Airlines in a research note on Friday, November 15th. Wolfe Research raised 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. Susquehanna lifted their target price on Sun Country Airlines from $11.00 to $14.00 and gave the stock a “neutral” rating in a research report on Monday, November 4th. Finally, Barclays increased their price target on Sun Country Airlines from $20.00 to $24.00 and gave the company an “overweight” rating in a report on Thursday, November 14th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Sun Country Airlines has an average rating of “Moderate Buy” and a consensus target price of $18.33.

Hedge Funds Weigh In On Sun Country Airlines

Several large investors have recently added to or reduced their stakes in the company. FMR LLC raised its holdings in shares of Sun Country Airlines by 19.0% during the third quarter. FMR LLC now owns 717,341 shares of the company’s stock worth $8,041,000 after purchasing an additional 114,687 shares during the period. Algert Global LLC raised its stake in 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 acquiring an additional 243,028 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in Sun Country Airlines in the third quarter worth about $500,000. Maverick Capital Ltd. acquired a new position in Sun Country Airlines in the second quarter valued at approximately $1,890,000. Finally, Dana Investment Advisors Inc. grew its holdings in shares of Sun Country Airlines by 114.5% during the second quarter. Dana Investment Advisors Inc. now owns 808,283 shares of the company’s stock valued at $10,152,000 after purchasing an additional 431,515 shares during the last quarter.

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.