Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Grant Whitney Sells 2,127 Shares

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Grant Whitney sold 2,127 shares of the company’s stock in a transaction that occurred on Friday, January 10th. The stock was sold at an average price of $15.98, for a total value of $33,989.46. Following the completion of the sale, the senior vice president now owns 20,367 shares in the company, valued at $325,464.66. The trade was a 9.46 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Monday, January 13th, Grant Whitney sold 3,912 shares of Sun Country Airlines stock. The stock was sold at an average price of $15.88, for a total value of $62,122.56.
• On Monday, January 6th, Grant Whitney sold 813 shares of Sun Country Airlines stock. The shares were sold at an average price of $14.34, for a total value 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 transaction of $6,726.06.

Sun Country Airlines Price Performance

Shares of SNCY opened at $16.01 on Thursday. The firm has a market cap of $847.57 million, a PE ratio of 19.77, a P/E/G ratio of 0.71 and a beta of 1.44. Sun Country Airlines Holdings, Inc. has a 1-year low of $9.22 and a 1-year high of $16.46. The company has a current ratio of 0.59, a quick ratio of 0.57 and a debt-to-equity ratio of 0.96. The firm has a fifty day simple moving average of $14.86 and a two-hundred day simple moving average of $12.66.

Sun Country Airlines (NASDAQ:SNCY) last posted its earnings results on Wednesday, October 30th. The company reported $0.06 earnings per share 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%. Sun Country Airlines’s revenue was up .2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.14 earnings per share. On average, equities analysts anticipate that Sun Country Airlines Holdings, Inc. will post 0.92 EPS for the current year.

Wall Street Analysts Forecast Growth

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

Institutional Trading of Sun Country Airlines

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC increased 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 worth $26,000 after purchasing an additional 1,000 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake 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 valued at $188,000 after acquiring an additional 1,087 shares during the period. Public Sector Pension Investment Board increased its holdings in Sun Country Airlines by 3.1% in the 2nd quarter. Public Sector Pension Investment Board now owns 83,395 shares of the company’s stock worth $1,047,000 after acquiring an additional 2,512 shares in the last quarter. Creative Planning raised its stake in Sun Country Airlines by 36.0% during the 3rd quarter. Creative Planning now owns 18,734 shares of the company’s stock worth $210,000 after acquiring an additional 4,954 shares during the period. Finally, Franklin Resources Inc. lifted its holdings in Sun Country Airlines by 29.3% during the third quarter. Franklin Resources Inc. now owns 25,483 shares of the company’s stock valued at $269,000 after purchasing an additional 5,782 shares in the last quarter.

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.