Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Sells $60,300.00 in Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Grant Whitney sold 5,000 shares of the company’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $12.06, for a total transaction of $60,300.00. Following the transaction, the senior vice president now owns 25,068 shares of the company’s stock, valued at $302,320.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Wednesday, July 3rd, Grant Whitney sold 894 shares of Sun Country Airlines stock. The stock was sold at an average price of $12.74, for a total transaction of $11,389.56.
• On Monday, July 1st, Grant Whitney sold 5,000 shares of Sun Country Airlines stock. The shares were sold at an average price of $12.42, for a total transaction 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 transaction of $62,883.84.

Sun Country Airlines Stock Performance

SNCY traded down $0.44 on Monday, hitting $10.59. The company’s stock had a trading volume of 845,245 shares, compared to its average volume of 623,345. The company’s 50 day simple moving average is $11.62 and its 200-day simple moving average is $13.10. The firm has a market cap of $557.14 million, a P/E ratio of 8.68, a price-to-earnings-growth ratio of 0.49 and a beta of 1.57. Sun Country Airlines Holdings, Inc. has a 12 month low of $9.22 and a 12 month high of $17.56. 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 (NASDAQ:SNCY) last released its quarterly earnings data on Thursday, August 1st. The company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.05 by $0.01. Sun Country Airlines had a net margin of 4.75% and a return on equity of 10.44%. The company had revenue of $254.40 million during the quarter, compared to the consensus estimate of $255.59 million. During the same period last year, the firm earned $0.40 EPS. Sun Country Airlines’s revenue for the quarter was down 2.6% on a year-over-year basis. Analysts forecast that Sun Country Airlines Holdings, Inc. will post 0.97 EPS for the current year.

Wall Street Analyst Weigh In

SNCY has been the topic of a number of analyst reports. TD Cowen upped their target price on shares of Sun Country Airlines from $17.00 to $20.00 and gave the stock a “buy” rating in a report on Tuesday, June 25th. Morgan Stanley reissued an “overweight” rating and set a $21.00 target price on shares of Sun Country Airlines in a research report on Thursday, June 20th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $19.67.

Institutional Trading of Sun Country Airlines

Several hedge funds have recently added to or reduced their stakes in the business. LSV Asset Management increased its position in shares of Sun Country Airlines by 32.2% during the first quarter. LSV Asset Management now owns 252,458 shares of the company’s stock valued at $3,810,000 after buying an additional 61,558 shares during the period. GSA Capital Partners LLP lifted its stake in shares of Sun Country Airlines by 199.6% in the first quarter. GSA Capital Partners LLP now owns 99,057 shares of the company’s stock worth $1,495,000 after buying an additional 65,991 shares in the last quarter. Los Angeles Capital Management LLC bought a new position in Sun Country Airlines during the first quarter valued at approximately $1,208,000. Vanguard Group Inc. lifted its position in 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 purchasing an additional 150,735 shares during the period. Finally, Dynamic Technology Lab Private Ltd bought a new position in Sun Country Airlines during the fourth quarter valued at approximately $431,000.

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.