Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Shares Purchased by Centiva Capital LP

Centiva Capital LP boosted its holdings in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Free Report) by 172.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 63,864 shares of the company's stock after purchasing an additional 40,454 shares during the period. Centiva Capital LP owned approximately 0.12% of Sun Country Airlines worth $716,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Farther Finance Advisors LLC lifted its holdings in shares of Sun Country Airlines by 76.9% during the third 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 during the period. CWM LLC lifted its stake in shares of Sun Country Airlines by 1,660.9% in the 2nd quarter. CWM LLC now owns 2,659 shares of the company's stock worth $33,000 after acquiring an additional 2,508 shares during the period. Innealta Capital LLC purchased a new stake in shares of Sun Country Airlines in the second quarter valued at about $40,000. DekaBank Deutsche Girozentrale purchased a new position in Sun Country Airlines during the first quarter worth about $66,000. Finally, Allspring Global Investments Holdings LLC purchased a new position in Sun Country Airlines during the second quarter worth about $80,000.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Wolfe Research upgraded Sun Country Airlines from a "peer perform" rating to an "outperform" rating and set a $14.00 target price on the stock in a research report on Tuesday, October 8th. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $17.00 price objective on shares of Sun Country Airlines in a report on Friday, November 15th. Barclays increased their price objective on Sun Country Airlines from $20.00 to $24.00 and gave the stock an "overweight" rating in a research report on Thursday, November 14th. Finally, Susquehanna boosted their target price on shares of 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 analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $18.33.

Sun Country Airlines Price Performance

Sun Country Airlines stock traded down $0.26 during trading hours on Friday, hitting $14.32. The stock had a trading volume of 484,299 shares, compared to its average volume of 738,312. Sun Country Airlines Holdings, Inc. has a 1-year low of $9.22 and a 1-year high of $17.56. The stock has a market capitalization of $758.10 million, a price-to-earnings ratio of 17.68, a PEG ratio of 0.65 and a beta of 1.46. The stock's fifty day moving average is $13.10 and its two-hundred day moving average is $11.80. 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 - Get Free Report) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.06 EPS for the quarter, meeting analysts' consensus estimates of $0.06. Sun Country Airlines had a net margin of 4.25% and a return on equity of 9.00%. The firm had revenue of $249.50 million for the quarter, compared to analysts' expectations of $250.30 million. During the same period in the prior year, the company earned $0.14 EPS. The firm's revenue was up .2% on a year-over-year basis. As a group, analysts predict that Sun Country Airlines Holdings, Inc. will post 0.98 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Sun Country Airlines news, CFO David M. Davis sold 2,115 shares of the firm's stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $14.51, for a total transaction of $30,688.65. Following the sale, the chief financial officer now directly owns 36,158 shares of the company's stock, valued at $524,652.58. This trade represents a 5.53 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jude Bricker sold 37,817 shares of the business's stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $15.29, for a total transaction of $578,221.93. Following the completion of the transaction, the chief executive officer now directly owns 82,895 shares of the company's stock, valued at approximately $1,267,464.55. This represents a 31.33 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 44,720 shares of company stock worth $660,863 in the last ninety days. Insiders own 4.60% of the company's stock.

Sun Country Airlines 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.