Grant Whitney Sells 813 Shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Grant Whitney sold 813 shares of the stock in a transaction 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 sale, the senior vice president now owns 22,494 shares of the company’s stock, valued at approximately $322,563.96. This represents a 3.49 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

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

• 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 Trading Down 2.2 %

NASDAQ:SNCY opened at $15.66 on Thursday. The company has a quick ratio of 0.57, a current ratio of 0.59 and a debt-to-equity ratio of 0.96. The company’s 50 day moving average is $14.75 and its 200-day moving average is $12.55. The firm has a market cap of $829.04 million, a price-to-earnings 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 12 month low of $9.22 and a 12 month high of $16.34.

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

Analysts Set New Price Targets

SNCY has been the subject of several research reports. The Goldman Sachs Group reiterated a “neutral” rating and set a $17.00 price target on shares of Sun Country Airlines in a report on Friday, November 15th. Barclays boosted 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. Wolfe Research upgraded shares of Sun Country Airlines from a “peer perform” rating to an “outperform” rating and set a $14.00 price target on the stock in a report on Tuesday, October 8th. Finally, Susquehanna upped their price objective on shares of Sun Country Airlines from $14.00 to $16.00 and gave the stock a “neutral” rating in a report on Tuesday. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $18.67.

Institutional Trading of Sun Country Airlines

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. State Street Corp lifted its holdings in shares of Sun Country Airlines by 3.3% during the third 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. FMR LLC raised its stake in Sun Country Airlines by 19.0% during the 3rd 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 last quarter. Algert Global LLC boosted its holdings in Sun Country Airlines by 207.3% in the 2nd quarter. Algert Global LLC now owns 360,273 shares of the company’s stock valued at $4,525,000 after purchasing an additional 243,028 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in Sun Country Airlines in the 3rd quarter worth $500,000. Finally, Maverick Capital Ltd. bought a new position in shares of Sun Country Airlines during the 2nd quarter worth about $1,890,000.

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.