Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) COO Sells $14,742.28 in Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) COO Gregory A. Mays sold 1,036 shares of the firm’s stock in a transaction on Friday, January 3rd. The shares were sold at an average price of $14.23, for a total value of $14,742.28. Following the completion of the sale, the chief operating officer now owns 66,351 shares of the company’s stock, valued at approximately $944,174.73. This trade represents a 1.54 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Sun Country Airlines Price Performance

SNCY opened at $15.66 on Friday. The company has a fifty day moving average price of $14.78 and a two-hundred day moving average price of $12.57. The firm has a market capitalization of $829.04 million, a PE ratio of 19.33, a P/E/G ratio of 0.71 and a beta of 1.44. Sun Country Airlines Holdings, Inc. has a 52 week low of $9.22 and a 52 week high of $16.34. 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 (NASDAQ:SNCY) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $0.06 EPS for the quarter, hitting analysts’ consensus estimates of $0.06. Sun Country Airlines had a return on equity of 9.00% and a net margin of 4.25%. The business had revenue of $249.50 million during the quarter, compared to analysts’ expectations of $250.30 million. During the same period in the previous year, the firm earned $0.14 earnings per share. The firm’s quarterly revenue was up .2% compared to the same quarter last year. As a group, analysts anticipate that Sun Country Airlines Holdings, Inc. will post 0.92 earnings per share for the current year.

Analyst Ratings Changes

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

Institutional Trading of Sun Country Airlines

A number of hedge funds have recently modified their holdings of SNCY. Farther Finance Advisors LLC grew its holdings in Sun Country Airlines by 76.9% during the third quarter. Farther Finance Advisors LLC now owns 2,300 shares of the company’s stock valued at $26,000 after purchasing an additional 1,000 shares during the period. Allspring Global Investments Holdings LLC bought a new position in shares of Sun Country Airlines during the second quarter worth $80,000. US Bancorp DE grew its holdings in shares of Sun Country Airlines by 4,522.7% in the 3rd quarter. US Bancorp DE now owns 8,367 shares of the company’s stock valued at $94,000 after buying an additional 8,186 shares during the period. Meeder Asset Management Inc. bought a new stake in shares of Sun Country Airlines in the 2nd quarter valued at $124,000. Finally, Paloma Partners Management Co acquired a new stake in Sun Country Airlines during the 3rd quarter worth $132,000.

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.