Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) CFO David M. Davis Sells 2,115 Shares of Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) CFO David M. Davis sold 2,115 shares of the company’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $14.51, for a total transaction of $30,688.65. Following the completion of the transaction, the chief financial officer now owns 36,158 shares of the company’s stock, valued at $524,652.58. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Sun Country Airlines Stock Down 1.3 %

Shares of Sun Country Airlines stock opened at $15.36 on Friday. The firm has a market cap of $813.16 million, a price-to-earnings ratio of 18.96, a PEG ratio of 0.72 and a beta of 1.48. 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 Holdings, Inc. has a 1 year low of $9.22 and a 1 year high of $17.56. The company has a 50-day moving average of $11.70 and a 200 day moving average of $11.55.

Sun Country Airlines (NASDAQ:SNCY) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.06 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.06. The business had revenue of $249.50 million during the quarter, compared to analyst estimates of $250.30 million. Sun Country Airlines had a net margin of 4.25% and a return on equity of 9.00%. Sun Country Airlines’s revenue was up .2% compared to the same quarter last year. During the same period last year, the business earned $0.14 EPS. As a group, sell-side analysts anticipate that Sun Country Airlines Holdings, Inc. will post 0.98 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. 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. Susquehanna increased their price target on shares of Sun Country Airlines from $11.00 to $14.00 and gave the stock a “neutral” rating in a research note on Monday. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $17.80.

Institutional Trading of Sun Country Airlines

Institutional investors and hedge funds have recently bought and sold shares of the company. LSV Asset Management increased its stake in Sun Country Airlines by 32.2% during the 1st quarter. LSV Asset Management now owns 252,458 shares of the company’s stock valued at $3,810,000 after purchasing an additional 61,558 shares in the last quarter. DekaBank Deutsche Girozentrale purchased a new stake in shares of Sun Country Airlines during the 1st quarter valued at about $66,000. Algert Global LLC boosted its holdings in shares of Sun Country Airlines by 207.3% during the 2nd quarter. Algert Global LLC now owns 360,273 shares of the company’s stock valued at $4,525,000 after acquiring an additional 243,028 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Sun Country Airlines by 1.6% during the 1st quarter. Vanguard Group Inc. now owns 4,677,081 shares of the company’s stock valued at $70,577,000 after acquiring an additional 75,252 shares during the last quarter. Finally, Maverick Capital Ltd. purchased a new stake in shares of Sun Country Airlines during the 2nd quarter valued at about $1,890,000.

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.