Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Grant Whitney Sells 2,127 Shares

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Grant Whitney sold 2,127 shares of Sun Country Airlines stock in a transaction dated Friday, January 10th. The shares were sold at an average price of $15.98, for a total value of $33,989.46. Following the completion of the transaction, the senior vice president now owns 20,367 shares in the company, valued at $325,464.66. This trade represents a 9.46 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Monday, January 13th, Grant Whitney sold 3,912 shares of Sun Country Airlines stock. The shares were sold at an average price of $15.88, for a total transaction of $62,122.56.
• On Monday, January 6th, Grant Whitney sold 813 shares of Sun Country Airlines stock. The stock was sold at an average price of $14.34, for a total transaction of $11,658.42.
• On Friday, January 3rd, Grant Whitney sold 474 shares of Sun Country Airlines stock. The shares were sold at an average price of $14.19, for a total transaction of $6,726.06.

Sun Country Airlines Stock Performance

Shares of SNCY opened at $15.98 on Friday. The stock has a 50-day moving average of $14.87 and a two-hundred day moving average of $12.68. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.57 and a current ratio of 0.59. The stock has a market cap of $845.98 million, a P/E ratio of 19.73, a P/E/G ratio of 0.36 and a beta of 1.44. Sun Country Airlines Holdings, Inc. has a one year low of $9.22 and a one year high of $16.46.

Sun Country Airlines (NASDAQ:SNCY) last released its earnings results 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 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 previous year, the company posted $0.14 earnings per share. The company’s revenue was up .2% compared to the same quarter last year. As a group, research analysts predict that Sun Country Airlines Holdings, Inc. will post 0.93 EPS for the current year.

Institutional Trading of Sun Country Airlines

A number of hedge funds and other institutional investors have recently made changes to their positions in SNCY. State Street Corp lifted its position in Sun Country Airlines by 3.3% during the third quarter. State Street Corp now owns 1,580,834 shares of the company’s stock valued at $17,721,000 after purchasing an additional 51,224 shares during the period. FMR LLC raised its stake in shares of 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 buying an additional 114,687 shares during the last quarter. Algert Global LLC lifted its holdings in shares of 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 buying an additional 243,028 shares during the period. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Sun Country Airlines in the third quarter worth about $500,000. Finally, Maverick Capital Ltd. acquired a new stake in shares of Sun Country Airlines during the 2nd quarter valued at about $1,890,000.

Analysts Set New Price Targets

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

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.