Grant Whitney Sells 3,912 Shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Grant Whitney sold 3,912 shares of Sun Country Airlines stock in a transaction on Monday, January 13th. The stock was sold at an average price of $15.88, for a total transaction of $62,122.56. Following the sale, the senior vice president now owns 16,455 shares in the company, valued at $261,305.40. This represents a 19.21 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Friday, January 10th, Grant Whitney sold 2,127 shares of Sun Country Airlines stock. The stock was sold at an average price of $15.98, for a total transaction of $33,989.46.
• On Monday, January 6th, Grant Whitney sold 813 shares of Sun Country Airlines stock. The stock was sold at an average price of $14.34, for a total transaction of $11,658.42.
• On Friday, January 3rd, Grant Whitney sold 474 shares of Sun Country Airlines stock. The shares were sold at an average price of $14.19, for a total value of $6,726.06.

Sun Country Airlines Stock Performance

Sun Country Airlines stock opened at $16.01 on Thursday. Sun Country Airlines Holdings, Inc. has a 12-month low of $9.22 and a 12-month high of $16.46. The stock has a 50-day simple moving average of $14.86 and a 200 day simple moving average of $12.66. The company has a quick ratio of 0.57, a current ratio of 0.59 and a debt-to-equity ratio of 0.96. The stock has a market capitalization of $847.57 million, a price-to-earnings ratio of 19.77, a P/E/G ratio of 0.71 and a beta of 1.44.

Sun Country Airlines (NASDAQ:SNCY) last issued its earnings results on Wednesday, October 30th. The company reported $0.06 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.06. The company had revenue of $249.50 million for 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%. The company’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter last year, the firm earned $0.14 EPS. On average, research analysts anticipate that Sun Country Airlines Holdings, Inc. will post 0.92 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

SNCY has been the subject of several analyst reports. Susquehanna raised their target price on Sun Country Airlines from $14.00 to $16.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 7th. Barclays lifted their price objective on Sun Country Airlines from $20.00 to $24.00 and gave the company an “overweight” rating in a report on Thursday, November 14th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $17.00 target price on shares of Sun Country Airlines in a report on Friday, November 15th. Finally, Wolfe Research raised 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 report on Tuesday, October 8th. 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.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $18.67.

Institutional Trading of Sun Country Airlines

Institutional investors have recently bought and sold shares of the business. Farther Finance Advisors LLC lifted its stake in shares of Sun Country Airlines by 76.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,300 shares of the company’s stock valued at $26,000 after purchasing an additional 1,000 shares during the period. US Bancorp DE increased its holdings in Sun Country Airlines by 4,522.7% in the third quarter. US Bancorp DE now owns 8,367 shares of the company’s stock valued at $94,000 after purchasing an additional 8,186 shares during the last quarter. Paloma Partners Management Co acquired a new position in Sun Country Airlines in the third quarter valued at about $132,000. SG Americas Securities LLC bought a new position in Sun Country Airlines during the third quarter worth about $159,000. Finally, The Manufacturers Life Insurance Company grew its position in shares of Sun Country Airlines by 7.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 14,971 shares of the company’s stock worth $188,000 after buying an additional 1,087 shares during the period.

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.