Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Grant Whitney Sells 5,000 Shares

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Grant Whitney sold 5,000 shares of the business’s stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $12.42, for a total value of $62,100.00. Following the transaction, the senior vice president now owns 26,355 shares in the company, valued at $327,329.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• 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 Trading Down 2.3 %

SNCY stock opened at $12.37 on Thursday. Sun Country Airlines Holdings, Inc. has a 1-year low of $9.22 and a 1-year high of $23.80. The firm has a market cap of $650.79 million, a P/E ratio of 10.14, a P/E/G ratio of 0.63 and a beta of 1.56. The business’s 50 day moving average is $11.42 and its 200-day moving average is $13.51. The company has a current ratio of 0.61, a quick ratio of 0.59 and a debt-to-equity ratio of 1.08.

Sun Country Airlines (NASDAQ:SNCY) last released its quarterly earnings results on Monday, May 6th. The company reported $0.66 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.02). The business had revenue of $311.50 million for the quarter, compared to the consensus estimate of $316.23 million. Sun Country Airlines had a return on equity of 14.35% and a net margin of 6.48%. The firm’s revenue was up 5.9% on a year-over-year basis. During the same quarter last year, the company earned $0.68 earnings per share. Equities analysts anticipate that Sun Country Airlines Holdings, Inc. will post 1.11 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Sun Country Airlines

A number of large investors have recently bought and sold shares of the business. Illinois Municipal Retirement Fund grew its position 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 acquiring an additional 776 shares during the last quarter. Assetmark Inc. lifted 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 buying an additional 929 shares in the last quarter. American International Group Inc. lifted 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 buying an additional 2,347 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in Sun Country Airlines by 15.9% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 20,414 shares of the company’s stock worth $309,000 after buying an additional 2,803 shares in the last quarter. Finally, Rhumbline Advisers lifted its holdings in Sun Country Airlines by 3.1% during the 3rd quarter. Rhumbline Advisers now owns 117,918 shares of the company’s stock worth $1,750,000 after buying an additional 3,593 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on SNCY shares. Morgan Stanley restated an “overweight” rating and set a $21.00 price target on shares of Sun Country Airlines in a research note on Thursday, June 20th. TD Cowen boosted their price target on Sun Country Airlines from $17.00 to $20.00 and gave the company a “buy” rating in a research note on Tuesday, June 25th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $19.67.

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.