Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Grant Whitney Sells 3,912 Shares

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Grant Whitney sold 3,912 shares of the company’s stock in a transaction on Monday, January 13th. The shares were sold at an average price of $15.88, for a total transaction of $62,122.56. Following the completion of the sale, the senior vice president now owns 16,455 shares of the company’s stock, valued at approximately $261,305.40. This represents a 19.21 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Friday, January 10th, Grant Whitney sold 2,127 shares of Sun Country Airlines stock. The shares were sold at an average price of $15.98, for a total value of $33,989.46.
• On Monday, January 6th, Grant Whitney sold 813 shares of Sun Country Airlines stock. The shares were sold at an average price of $14.34, for a total value of $11,658.42.
• 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 transaction of $6,726.06.

Sun Country Airlines Stock Performance

SNCY opened at $16.01 on Thursday. The business’s 50-day simple moving average is $14.86 and its 200 day simple moving average is $12.66. Sun Country Airlines Holdings, Inc. has a 52-week low of $9.22 and a 52-week high of $16.46. 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 firm has a market capitalization of $847.57 million, a PE ratio of 19.77, a PEG ratio of 0.71 and a beta of 1.44.

Sun Country Airlines (NASDAQ:SNCY) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $0.06 earnings per share (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 company had revenue of $249.50 million for the quarter, compared to analysts’ expectations of $250.30 million. During the same quarter in the prior year, the business posted $0.14 EPS. The business’s revenue was up .2% compared to the same quarter last year. As a group, sell-side analysts expect that Sun Country Airlines Holdings, Inc. will post 0.92 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Assenagon Asset Management S.A. lifted its stake in Sun Country Airlines by 87.8% in the 4th quarter. Assenagon Asset Management S.A. now owns 419,360 shares of the company’s stock valued at $6,114,000 after purchasing an additional 196,094 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Sun Country Airlines by 695.3% in the third quarter. JPMorgan Chase & Co. now owns 257,101 shares of the company’s stock valued at $2,882,000 after buying an additional 224,774 shares during the last quarter. Franklin Resources Inc. boosted its stake in shares of Sun Country Airlines by 29.3% during the 3rd quarter. Franklin Resources Inc. now owns 25,483 shares of the company’s stock worth $269,000 after acquiring an additional 5,782 shares during the period. Barclays PLC increased its holdings in shares of Sun Country Airlines by 260.8% during the 3rd quarter. Barclays PLC now owns 117,457 shares of the company’s stock worth $1,316,000 after acquiring an additional 84,906 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new stake in Sun Country Airlines in the 3rd quarter valued at $292,000.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Susquehanna increased their price objective on shares of Sun Country Airlines from $14.00 to $16.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 7th. The Goldman Sachs Group reissued a “neutral” rating and issued a $17.00 price target on shares of Sun Country Airlines in a research note on Friday, November 15th. Barclays upped their price objective on Sun Country Airlines from $20.00 to $24.00 and gave the stock an “overweight” rating in a research report 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 target price on the stock in a research report on Tuesday, October 8th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, Sun Country Airlines currently has a consensus rating of “Moderate Buy” and a consensus price target 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.