Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) COO Sells $98,843.76 in Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) COO Gregory A. Mays sold 6,147 shares of Sun Country Airlines stock in a transaction dated Friday, January 10th. The shares were sold at an average price of $16.08, for a total transaction of $98,843.76. Following the completion of the transaction, the chief operating officer now directly owns 60,368 shares of the company’s stock, valued at $970,717.44. This trade represents a 9.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Sun Country Airlines Price Performance

NASDAQ SNCY opened at $15.98 on Friday. Sun Country Airlines Holdings, Inc. has a 12 month low of $9.22 and a 12 month high of $16.46. The firm has a market capitalization of $845.98 million, a PE ratio of 19.73, a P/E/G ratio of 0.36 and a beta of 1.44. The company’s 50 day simple moving average is $14.87 and its 200 day simple moving average is $12.68. 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 (NASDAQ:SNCY) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.06 EPS for the quarter, hitting 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 quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.14 EPS. As a group, equities research analysts forecast that Sun Country Airlines Holdings, Inc. will post 0.93 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have commented on SNCY. Susquehanna lifted their target price on Sun Country Airlines from $14.00 to $16.00 and gave the company a “neutral” rating in a research note on Tuesday, January 7th. Barclays boosted 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. Wolfe Research raised Sun Country Airlines from a “peer perform” rating to an “outperform” rating and set a $14.00 price target on the stock in a report on Tuesday, October 8th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and set a $17.00 price objective on shares of Sun Country Airlines in a research report on Friday, November 15th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Sun Country Airlines currently has a consensus rating of “Moderate Buy” and a consensus target price of $18.67.

Institutional Investors Weigh In On Sun Country Airlines

Several hedge funds and other institutional investors have recently bought and sold shares of SNCY. U S Global Investors Inc. grew its stake in shares of Sun Country Airlines by 14.2% in 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. State Street Corp grew its position in Sun Country Airlines by 3.3% in the third quarter. State Street Corp now owns 1,580,834 shares of the company’s stock worth $17,721,000 after buying an additional 51,224 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Sun Country Airlines by 10.5% in the second quarter. Dimensional Fund Advisors LP now owns 1,186,222 shares of the company’s stock valued at $14,899,000 after buying an additional 112,397 shares in the last quarter. 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 last quarter. Finally, Dana Investment Advisors Inc. boosted its stake in shares of Sun Country Airlines by 114.5% during the 2nd quarter. Dana Investment Advisors Inc. now owns 808,283 shares of the company’s stock worth $10,152,000 after acquiring an additional 431,515 shares in the last quarter.

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.