Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Sells $11,389.56 in Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Grant Whitney sold 894 shares of the firm’s stock in a transaction dated Wednesday, July 3rd. The stock was sold at an average price of $12.74, for a total value of $11,389.56. Following the completion of the transaction, the senior vice president now owns 25,068 shares in the company, valued at $319,366.32. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

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

• On Monday, July 1st, Grant Whitney sold 5,000 shares of Sun Country Airlines stock. The stock was sold at an average price of $12.42, for a total value of $62,100.00.
• On Wednesday, June 5th, Grant Whitney sold 5,888 shares of Sun Country Airlines stock. The shares were sold at an average price of $10.68, for a total value of $62,883.84.

Sun Country Airlines Price Performance

SNCY stock opened at $12.31 on Thursday. The company has a quick ratio of 0.59, a current ratio of 0.61 and a debt-to-equity ratio of 1.08. Sun Country Airlines Holdings, Inc. has a 52-week low of $9.22 and a 52-week high of $23.80. The stock’s 50 day moving average is $11.29 and its two-hundred day moving average is $13.39. The company has a market capitalization of $647.63 million, a PE ratio of 10.09, a P/E/G ratio of 0.66 and a beta of 1.56.

Sun Country Airlines (NASDAQ:SNCY) last posted its quarterly earnings data on Monday, May 6th. The company reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.02). Sun Country Airlines had a return on equity of 14.35% and a net margin of 6.48%. The business had revenue of $311.50 million for the quarter, compared to analysts’ expectations of $316.23 million. During the same quarter in the prior year, the firm earned $0.68 earnings per share. Sun Country Airlines’s revenue for the quarter was up 5.9% compared to the same quarter last year. Analysts predict that Sun Country Airlines Holdings, Inc. will post 1.06 earnings per share for the current fiscal year.

Analysts Set New Price Targets

SNCY has been the topic of several analyst reports. Morgan Stanley reiterated an “overweight” rating and set a $21.00 target price on shares of Sun Country Airlines in a report on Thursday, June 20th. TD Cowen raised their target price on Sun Country Airlines from $17.00 to $20.00 and gave the company a “buy” rating in a report on Tuesday, June 25th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $19.67.

Institutional Investors Weigh In On Sun Country Airlines

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Illinois Municipal Retirement Fund increased its holdings in Sun Country Airlines by 3.7% during the 4th quarter. Illinois Municipal Retirement Fund now owns 21,711 shares of the company’s stock worth $342,000 after purchasing an additional 776 shares during the last quarter. Assetmark Inc. increased its holdings in Sun Country Airlines by 39.0% during the 4th quarter. Assetmark Inc. now owns 3,314 shares of the company’s stock worth $52,000 after purchasing an additional 929 shares during the last quarter. American International Group Inc. increased its holdings in Sun Country Airlines by 11.4% during the 1st quarter. American International Group Inc. now owns 22,927 shares of the company’s stock worth $346,000 after purchasing an additional 2,347 shares during the last quarter. CWM LLC increased its holdings in Sun Country Airlines by 1,660.9% during the 2nd quarter. CWM LLC now owns 2,659 shares of the company’s stock worth $33,000 after purchasing an additional 2,508 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD grew its position in shares of Sun Country Airlines by 15.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 20,414 shares of the company’s stock worth $309,000 after acquiring an additional 2,803 shares in the last quarter.

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.