Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) CFO David M. Davis Sells 2,760 Shares

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) CFO David M. Davis sold 2,760 shares of the business’s stock in a transaction that occurred on Friday, January 10th. The shares were sold at an average price of $15.93, for a total value of $43,966.80. Following the completion of the transaction, the chief financial officer now owns 32,260 shares of the company’s stock, valued at $513,901.80. This represents a 7.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

Sun Country Airlines Stock Up 0.1 %

Shares of SNCY stock opened at $16.01 on Thursday. The firm’s fifty day moving average price is $14.86 and its two-hundred day moving average price is $12.66. The company has a current ratio of 0.59, a quick ratio of 0.57 and a debt-to-equity ratio of 0.96. Sun Country Airlines Holdings, Inc. has a 1 year low of $9.22 and a 1 year high of $16.46. The firm has a market capitalization of $847.57 million, a P/E ratio of 19.77, a PEG ratio of 0.71 and a beta of 1.44.

Sun Country Airlines (NASDAQ:SNCY) last released its earnings results on Wednesday, October 30th. The company reported $0.06 earnings per share (EPS) for the quarter, meeting 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 business had revenue of $249.50 million for the quarter, compared to the consensus estimate of $250.30 million. During the same quarter in the previous year, the business earned $0.14 earnings per share. Sun Country Airlines’s quarterly revenue was up .2% on a year-over-year basis. On average, equities analysts predict that Sun Country Airlines Holdings, Inc. will post 0.92 EPS for the current fiscal year.

Analyst Ratings Changes

SNCY has been the topic of a number of research reports. Wolfe Research raised shares of Sun Country Airlines from a “peer perform” rating to an “outperform” rating and set a $14.00 price target on the stock in a research note on Tuesday, October 8th. Susquehanna boosted their price objective on shares of Sun Country Airlines from $14.00 to $16.00 and gave the company a “neutral” rating in a research report on Tuesday, January 7th. The Goldman Sachs Group reiterated a “neutral” rating and set a $17.00 target price on shares of Sun Country Airlines in a report on Friday, November 15th. Finally, Barclays boosted their price target on Sun Country Airlines from $20.00 to $24.00 and gave the company an “overweight” rating in a report on Thursday, November 14th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Sun Country Airlines currently has a consensus rating of “Moderate Buy” and a consensus price target of $18.67.

Institutional Investors Weigh In On Sun Country Airlines

A number of institutional investors and hedge funds have recently made changes to their positions in SNCY. Farther Finance Advisors LLC grew its stake in shares of Sun Country Airlines by 76.9% in the third quarter. Farther Finance Advisors LLC now owns 2,300 shares of the company’s stock valued at $26,000 after buying an additional 1,000 shares in the last quarter. US Bancorp DE raised its position in Sun Country Airlines by 4,522.7% during the third quarter. US Bancorp DE now owns 8,367 shares of the company’s stock worth $94,000 after acquiring an additional 8,186 shares in the last quarter. Paloma Partners Management Co acquired a new stake in Sun Country Airlines in the third quarter valued at $132,000. SG Americas Securities LLC acquired a new position in shares of Sun Country Airlines during the 3rd quarter worth about $159,000. Finally, The Manufacturers Life Insurance Company increased its stake in shares of Sun Country Airlines by 7.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 14,971 shares of the company’s stock worth $188,000 after purchasing an additional 1,087 shares during 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.