Grant Whitney Sells 5,000 Shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Grant Whitney sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, July 1st. The shares were sold at an average price of $12.42, for a total transaction of $62,100.00. Following the completion of the sale, the senior vice president now owns 26,355 shares of the company’s stock, valued at $327,329.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Wednesday, June 5th, Grant Whitney sold 5,888 shares of Sun Country Airlines stock. The stock was sold at an average price of $10.68, for a total value of $62,883.84.

Sun Country Airlines Stock Performance

NASDAQ SNCY traded down $0.29 during trading hours on Wednesday, reaching $12.37. The company’s stock had a trading volume of 617,124 shares, compared to its average volume of 634,629. The company has a current ratio of 0.61, a quick ratio of 0.59 and a debt-to-equity ratio of 1.08. The business has a 50-day simple moving average of $11.46 and a 200 day simple moving average of $13.52. Sun Country Airlines Holdings, Inc. has a 52 week low of $9.22 and a 52 week high of $23.80. The stock has a market cap of $650.79 million, a PE ratio of 10.38, a PEG ratio of 0.62 and a beta of 1.56.

Sun Country Airlines (NASDAQ:SNCY) last announced its quarterly earnings results on Monday, May 6th. The company reported $0.66 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.02). Sun Country Airlines had a net margin of 6.48% and a return on equity of 14.35%. The firm had revenue of $311.50 million during the quarter, compared to analyst estimates of $316.23 million. During the same quarter in the previous year, the business posted $0.68 EPS. Sun Country Airlines’s revenue for the quarter was up 5.9% compared to the same quarter last year. Equities research analysts predict that Sun Country Airlines Holdings, Inc. will post 1.11 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Sun Country Airlines

Several large investors have recently made changes to their positions in SNCY. Par Capital Management Inc. increased its stake in shares of Sun Country Airlines by 95.7% in the fourth quarter. Par Capital Management Inc. now owns 2,767,000 shares of the company’s stock valued at $43,525,000 after purchasing an additional 1,352,800 shares during the period. Ghisallo Capital Management LLC acquired a new position in shares of Sun Country Airlines during the fourth quarter valued at approximately $7,078,000. Vanguard Group Inc. increased its stake in shares of Sun Country Airlines by 3.7% during the third quarter. Vanguard Group Inc. now owns 4,209,412 shares of the company’s stock valued at $62,468,000 after acquiring an additional 150,735 shares during the period. Assenagon Asset Management S.A. increased its stake in shares of Sun Country Airlines by 123.1% during the first quarter. Assenagon Asset Management S.A. now owns 244,507 shares of the company’s stock valued at $3,690,000 after acquiring an additional 134,924 shares during the period. Finally, Empowered Funds LLC increased its stake in shares of Sun Country Airlines by 111.5% during the first quarter. Empowered Funds LLC now owns 188,011 shares of the company’s stock valued at $2,837,000 after acquiring an additional 99,097 shares during the period.

Analyst Ratings Changes

Several analysts recently issued reports on the company. TD Cowen increased their price target on Sun Country Airlines from $17.00 to $20.00 and gave the company a “buy” rating in a report on Tuesday, June 25th. Morgan Stanley reaffirmed an “overweight” rating and set a $21.00 price target on shares of Sun Country Airlines in a research report on Thursday, June 20th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $19.67.

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.