Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) CFO Sells $43,966.80 in Stock

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

Sun Country Airlines Price Performance

Shares of NASDAQ SNCY opened at $16.00 on Wednesday. The firm has a market cap of $847.04 million, a P/E ratio of 19.75, a price-to-earnings-growth ratio of 0.71 and a beta of 1.44. The business’s 50 day moving average is $14.86 and its 200-day moving average 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.

Sun Country Airlines (NASDAQ:SNCY) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.06 earnings per share for the quarter, hitting the consensus estimate of $0.06. The firm had revenue of $249.50 million for the quarter, compared to analysts’ expectations of $250.30 million. Sun Country Airlines had a return on equity of 9.00% and a net margin of 4.25%. The company’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter last year, the business earned $0.14 EPS. Equities research analysts predict that Sun Country Airlines Holdings, Inc. will post 0.92 earnings per share for the current year.

Analyst Ratings Changes

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

Institutional Trading of Sun Country Airlines

A number of institutional investors have recently bought and sold shares of the business. Dana Investment Advisors Inc. raised its position in shares of Sun Country Airlines by 114.5% in the second quarter. Dana Investment Advisors Inc. now owns 808,283 shares of the company’s stock valued at $10,152,000 after buying an additional 431,515 shares in the last quarter. AQR Capital Management LLC grew its position in Sun Country Airlines by 213.2% during the second quarter. AQR Capital Management LLC now owns 516,269 shares of the company’s stock worth $6,484,000 after buying an additional 351,421 shares in the last quarter. U S Global Investors Inc. increased its stake in Sun Country Airlines by 14.2% during the 3rd quarter. U S Global Investors Inc. now owns 2,705,789 shares of the company’s stock worth $30,332,000 after acquiring an additional 336,086 shares during the period. Hotchkis & Wiley Capital Management LLC acquired a new position in Sun Country Airlines in the 3rd quarter valued at $2,980,000. Finally, American Century Companies Inc. lifted its position in shares of Sun Country Airlines by 40.0% during the 2nd quarter. American Century Companies Inc. now owns 901,335 shares of the company’s stock valued at $11,321,000 after acquiring an additional 257,418 shares during the period.

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.