Gregory A. Mays Sells 1,036 Shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) COO Gregory A. Mays sold 1,036 shares of the firm’s stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $14.23, for a total transaction of $14,742.28. Following the completion of the transaction, the chief operating officer now owns 66,351 shares of the company’s stock, valued at approximately $944,174.73. The trade was a 1.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Sun Country Airlines Price Performance

SNCY opened at $15.66 on Thursday. The stock has a fifty day moving average price of $14.75 and a 200 day moving average price of $12.55. The company has a current ratio of 0.59, a quick ratio of 0.57 and a debt-to-equity ratio of 0.96. Sun Country Airlines Holdings, Inc. has a 1 year low of $9.22 and a 1 year high of $16.34. The stock has a market cap of $829.04 million, a price-to-earnings ratio of 19.33, a PEG ratio of 0.71 and a beta of 1.44.

Sun Country Airlines (NASDAQ:SNCY) last posted its quarterly 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 company had revenue of $249.50 million during the quarter, compared to the consensus estimate of $250.30 million. Sun Country Airlines had a return on equity of 9.00% and a net margin of 4.25%. The business’s quarterly revenue was up .2% on a year-over-year basis. During the same period last year, the business earned $0.14 EPS. Analysts forecast that Sun Country Airlines Holdings, Inc. will post 0.92 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on SNCY. Barclays raised their price objective on shares of Sun Country Airlines from $20.00 to $24.00 and gave the stock an “overweight” rating in a research note on Thursday, November 14th. 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. Wolfe Research raised 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 note on Tuesday, October 8th. Finally, Susquehanna lifted their target price on Sun Country Airlines from $14.00 to $16.00 and gave the company a “neutral” rating in a research note on Tuesday. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Sun Country Airlines currently has an average rating of “Moderate Buy” and an average target price of $18.67.

Institutional Trading of Sun Country Airlines

A number of institutional investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC raised its holdings in shares of Sun Country Airlines by 76.9% during the 3rd 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 in the last quarter. Allspring Global Investments Holdings LLC acquired a new position in Sun Country Airlines during the second quarter worth $80,000. US Bancorp DE increased its position in Sun Country Airlines by 4,522.7% during the third quarter. US Bancorp DE now owns 8,367 shares of the company’s stock worth $94,000 after buying an additional 8,186 shares during the last quarter. Meeder Asset Management Inc. bought a new position in Sun Country Airlines during the second quarter valued at about $124,000. Finally, Paloma Partners Management Co acquired a new stake in shares of Sun Country Airlines in the third quarter worth about $132,000.

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.