Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Shares Sold by Primecap Management Co. CA

Primecap Management Co. CA cut its stake in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) by 7.8% during the third quarter, HoldingsChannel reports. The institutional investor owned 144,815 shares of the company’s stock after selling 12,300 shares during the quarter. Primecap Management Co. CA’s holdings in Sun Country Airlines were worth $1,623,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Dana Investment Advisors Inc. lifted 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 acquiring an additional 431,515 shares in the last quarter. LSV Asset Management raised its stake in Sun Country Airlines by 159.9% in the 2nd quarter. LSV Asset Management now owns 656,088 shares of the company’s stock valued at $8,240,000 after purchasing an additional 403,630 shares during the last quarter. AQR Capital Management LLC lifted its holdings in Sun Country Airlines by 213.2% in the 2nd quarter. AQR Capital Management LLC now owns 516,269 shares of the company’s stock valued at $6,484,000 after purchasing an additional 351,421 shares in the last quarter. U S Global Investors Inc. boosted 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 purchasing an additional 336,086 shares during the last quarter. Finally, American Century Companies Inc. grew its holdings in shares of Sun Country Airlines by 40.0% during the second quarter. American Century Companies Inc. now owns 901,335 shares of the company’s stock worth $11,321,000 after buying an additional 257,418 shares in the last quarter.

Sun Country Airlines Stock Down 1.3 %

SNCY stock opened at $13.73 on Friday. The firm has a market cap of $726.87 million, a PE ratio of 16.95, a PEG ratio of 0.64 and a beta of 1.48. Sun Country Airlines Holdings, Inc. has a one year low of $9.22 and a one year high of $17.56. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.57 and a current ratio of 0.59. The firm’s 50 day moving average price is $12.49 and its 200-day moving average price is $11.60.

Sun Country Airlines (NASDAQ:SNCY) last posted its earnings results on Wednesday, October 30th. The company reported $0.06 EPS for the quarter, meeting analysts’ consensus estimates of $0.06. The company had revenue of $249.50 million for the quarter, compared to the consensus estimate 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 revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.14 earnings per share. On average, equities research analysts anticipate that Sun Country Airlines Holdings, Inc. will post 0.98 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on SNCY. Barclays raised their price target on shares of 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 restated a “neutral” rating and set a $17.00 target price on shares of Sun Country Airlines in a report on Friday, November 15th. Wolfe Research upgraded 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 report on Tuesday, October 8th. Finally, Susquehanna lifted their price objective on Sun Country Airlines from $11.00 to $14.00 and gave the stock a “neutral” rating in a research report on Monday, November 4th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $18.33.

Insider Activity

In other news, VP John Gyurci sold 3,000 shares of Sun Country Airlines stock in a transaction on Friday, September 6th. The stock was sold at an average price of $11.30, for a total value of $33,900.00. Following the completion of the sale, the vice president now directly owns 14,407 shares of the company’s stock, valued at approximately $162,799.10. The trade was a 17.23 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Jude Bricker sold 37,817 shares of the stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $15.29, for a total value of $578,221.93. Following the transaction, the chief executive officer now directly owns 82,895 shares in the company, valued at approximately $1,267,464.55. The trade was a 31.33 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 47,720 shares of company stock valued at $694,763. Company insiders own 4.60% of the company’s stock.

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.