Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Erin Rose Neale Sells 1,738 Shares of Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Erin Rose Neale sold 1,738 shares of the business’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $14.88, for a total transaction of $25,861.44. Following the transaction, the senior vice president now owns 30,142 shares in the company, valued at $448,512.96. The trade was a 5.45 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Sun Country Airlines Trading Down 3.8 %

Shares of Sun Country Airlines stock opened at $14.33 on Thursday. The company has a current ratio of 0.59, a quick ratio of 0.57 and a debt-to-equity ratio of 0.96. The stock has a fifty day simple moving average of $13.83 and a 200 day simple moving average of $12.09. Sun Country Airlines Holdings, Inc. has a 12-month low of $9.22 and a 12-month high of $16.42. The company has a market capitalization of $758.63 million, a P/E ratio of 17.69, a price-to-earnings-growth ratio of 0.71 and a beta of 1.46.

Sun Country Airlines (NASDAQ:SNCY) last released its quarterly earnings results on Wednesday, October 30th. The company reported $0.06 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.06. Sun Country Airlines had a net margin of 4.25% and a return on equity of 9.00%. The company had revenue of $249.50 million for the quarter, compared to analyst estimates of $250.30 million. During the same period last year, the firm earned $0.14 earnings per share. The firm’s revenue was up .2% on a year-over-year basis. On average, sell-side analysts anticipate that Sun Country Airlines Holdings, Inc. will post 0.92 earnings per share for the current fiscal year.

Institutional Trading of Sun Country Airlines

A number of hedge funds and other institutional investors have recently bought and sold shares of SNCY. CWM LLC increased its stake in Sun Country Airlines by 1,660.9% in the 2nd quarter. CWM LLC now owns 2,659 shares of the company’s stock worth $33,000 after acquiring an additional 2,508 shares during the last quarter. Summit Global Investments increased its position in shares of Sun Country Airlines by 187.6% in the second quarter. Summit Global Investments now owns 57,157 shares of the company’s stock worth $718,000 after purchasing an additional 37,284 shares during the last quarter. Bank of New York Mellon Corp raised its stake in Sun Country Airlines by 1.1% in the second quarter. Bank of New York Mellon Corp now owns 327,898 shares of the company’s stock valued at $4,118,000 after purchasing an additional 3,641 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new stake in Sun Country Airlines during the second quarter valued at approximately $80,000. Finally, Innealta Capital LLC bought a new stake in Sun Country Airlines during the second quarter valued at approximately $40,000.

Wall Street Analyst Weigh In

SNCY has been the topic of a number of research reports. Barclays upped their price target on Sun Country Airlines from $20.00 to $24.00 and gave the stock an “overweight” rating in a research note on Thursday, November 14th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $17.00 target price on shares of Sun Country Airlines in a research report on Friday, November 15th. Susquehanna lifted their price target on shares of Sun Country Airlines from $11.00 to $14.00 and gave the company a “neutral” rating in a research report on Monday, November 4th. Finally, Wolfe Research upgraded shares of 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 note on Tuesday, October 8th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Sun Country Airlines presently has an average rating of “Moderate Buy” and a consensus price target of $18.33.

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.