Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) COO Gregory A. Mays Sells 6,147 Shares

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) COO Gregory A. Mays sold 6,147 shares of the business’s stock in a transaction that occurred on Friday, January 10th. The shares were sold at an average price of $16.08, for a total value of $98,843.76. Following the completion of the sale, the chief operating officer now owns 60,368 shares in the company, valued at $970,717.44. The trade was a 9.24 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Sun Country Airlines Stock Up 1.3 %

Sun Country Airlines stock opened at $16.00 on Wednesday. Sun Country Airlines Holdings, Inc. has a fifty-two week low of $9.22 and a fifty-two week high of $16.46. The firm has a market capitalization of $847.04 million, a PE ratio of 19.75, a P/E/G ratio of 0.71 and a beta of 1.44. The company’s 50-day moving average is $14.86 and its 200-day moving average is $12.66. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.59 and a quick ratio of 0.57.

Sun Country Airlines (NASDAQ:SNCY) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.06 earnings per share (EPS) for the quarter, meeting the consensus estimate 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 for the quarter, compared to analyst estimates of $250.30 million. During the same quarter in the prior year, the company earned $0.14 earnings per share. The business’s revenue for the quarter was up .2% compared to the same quarter last year. Sell-side analysts anticipate that Sun Country Airlines Holdings, Inc. will post 0.92 earnings per share for the current year.

Institutional Trading of Sun Country Airlines

Hedge funds have recently modified their holdings of the stock. U S Global Investors Inc. grew its holdings in Sun Country Airlines by 14.2% in the 3rd quarter. U S Global Investors Inc. now owns 2,705,789 shares of the company’s stock valued at $30,332,000 after buying an additional 336,086 shares in the last quarter. State Street Corp lifted its holdings in shares of Sun Country Airlines by 3.3% during the 3rd quarter. State Street Corp now owns 1,580,834 shares of the company’s stock worth $17,721,000 after acquiring an additional 51,224 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Sun Country Airlines by 10.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,186,222 shares of the company’s stock worth $14,899,000 after acquiring an additional 112,397 shares in the last quarter. American Century Companies Inc. increased its stake in Sun Country Airlines by 40.0% in the second quarter. American Century Companies Inc. now owns 901,335 shares of the company’s stock valued at $11,321,000 after acquiring an additional 257,418 shares during the last quarter. Finally, Dana Investment Advisors Inc. raised its position in Sun Country Airlines by 114.5% during the second quarter. Dana Investment Advisors Inc. now owns 808,283 shares of the company’s stock valued at $10,152,000 after purchasing an additional 431,515 shares in the last quarter.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Barclays increased their target price on shares of Sun Country Airlines from $20.00 to $24.00 and gave the stock an “overweight” rating in a report on Thursday, November 14th. The Goldman Sachs Group restated a “neutral” rating and set a $17.00 price objective on shares of Sun Country Airlines in a research note on Friday, November 15th. 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 report on Tuesday, January 7th. Finally, Wolfe Research raised 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 report on Tuesday, October 8th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus 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.