Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Grant Whitney Sells 3,912 Shares

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Get Free Report) SVP Grant Whitney sold 3,912 shares of the firm's stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $15.88, for a total transaction of $62,122.56. Following the completion of the transaction, the senior vice president now directly owns 16,455 shares of the company's stock, valued at $261,305.40. This represents a 19.21 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

• On Friday, January 10th, Grant Whitney sold 2,127 shares of Sun Country Airlines stock. The shares were sold at an average price of $15.98, for a total value of $33,989.46.
• 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 transaction 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 traded up $0.20 on Tuesday, hitting $16.00. The company's stock had a trading volume of 1,256,587 shares, compared to its average volume of 718,120. The company has a market capitalization of $847.04 million, a PE ratio of 19.75, a PEG ratio of 0.71 and a beta of 1.44. Sun Country Airlines Holdings, Inc. has a fifty-two week low of $9.22 and a fifty-two week high of $16.46. The company has a 50 day moving average price of $14.86 and a 200 day moving average price of $12.66. 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 earnings results on Wednesday, October 30th. The company reported $0.06 EPS for the quarter, meeting the consensus estimate 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 net margin of 4.25% and a return on equity of 9.00%. The business's revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.14 EPS. On average, research analysts anticipate that Sun Country Airlines Holdings, Inc. will post 0.92 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have commented on SNCY. Wolfe Research upgraded 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. Susquehanna boosted their price objective 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. Barclays raised their target price on Sun Country Airlines from $20.00 to $24.00 and gave the company an "overweight" rating in a report on Thursday, November 14th. Finally, The Goldman Sachs Group reiterated a "neutral" rating and set a $17.00 price target on shares of Sun Country Airlines in a report on Friday, November 15th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $18.67.

Institutional Investors Weigh In On Sun Country Airlines

A number of large investors have recently added to or reduced their stakes in SNCY. U S Global Investors Inc. boosted its stake in shares of Sun Country Airlines by 14.2% during the third quarter. U S Global Investors Inc. now owns 2,705,789 shares of the company's stock valued at $30,332,000 after purchasing an additional 336,086 shares in the last quarter. State Street Corp grew its stake in shares of Sun Country Airlines by 3.3% in the 3rd quarter. State Street Corp now owns 1,580,834 shares of the company's stock worth $17,721,000 after acquiring an additional 51,224 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Sun Country Airlines by 10.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,186,222 shares of the company's stock valued at $14,899,000 after acquiring an additional 112,397 shares during the period. American Century Companies Inc. lifted its stake 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 buying an additional 257,418 shares in the last quarter. Finally, Dana Investment Advisors Inc. increased its holdings in 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 during the period.

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.

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