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

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Grant Whitney sold 2,127 shares of the business’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 transaction, the senior vice president now directly owns 20,367 shares in the company, valued at $325,464.66. The trade was a 9.46 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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 shares were 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 stock was 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 stock was sold at an average price of $14.19, for a total transaction of $6,726.06.

Sun Country Airlines Trading Up 1.3 %

Shares of Sun Country Airlines stock traded up $0.20 during trading on Tuesday, reaching $16.00. 1,256,587 shares of the company were exchanged, compared to its average volume of 718,120. Sun Country Airlines Holdings, Inc. has a twelve month low of $9.22 and a twelve month high of $16.46. The business has a 50-day moving average price of $14.86 and a 200-day moving average price 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 firm has a market capitalization of $847.04 million, a price-to-earnings ratio of 19.75, a P/E/G ratio of 0.71 and a beta of 1.44.

Sun Country Airlines (NASDAQ:SNCY) last announced its quarterly 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 during 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%. Sun Country Airlines’s revenue was up .2% on a year-over-year basis. During the same period in the prior year, the business posted $0.14 EPS. Sell-side analysts anticipate that Sun Country Airlines Holdings, Inc. will post 0.92 EPS for the current fiscal year.

Hedge Funds Weigh In On Sun Country Airlines

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

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. The Goldman Sachs Group reaffirmed 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 upgraded shares of Sun Country Airlines from a “peer perform” rating to an “outperform” rating and set a $14.00 price objective for the company in a research report on Tuesday, October 8th. Barclays increased their price objective on Sun Country Airlines from $20.00 to $24.00 and gave the company an “overweight” rating in a research report on Thursday, November 14th. Finally, Susquehanna boosted 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. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Sun Country Airlines has an average rating of “Moderate Buy” and a consensus price target of $18.67.

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.