Sun Country Airlines (NASDAQ:SNCY) SVP Stephen Andrew Coley Sells 2,052 Shares

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Stephen Andrew Coley sold 2,052 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $15.09, for a total value of $30,964.68. Following the completion of the transaction, the senior vice president owned 45,040 shares in the company, valued at $679,653.60. This represents a 4.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Sun Country Airlines Stock Down 0.7%

Sun Country Airlines stock traded down $0.11 during trading on Wednesday, hitting $15.26. 490,740 shares of the company were exchanged, compared to its average volume of 672,409. The company has a market capitalization of $804.51 million, a P/E ratio of 14.53, a PEG ratio of 0.34 and a beta of 1.57. The business’s 50 day moving average is $13.51 and its 200 day moving average is $12.62. Sun Country Airlines Holdings, Inc. has a 52 week low of $8.10 and a 52 week high of $18.59. The company has a current ratio of 0.76, a quick ratio of 0.73 and a debt-to-equity ratio of 0.76.

Sun Country Airlines (NASDAQ:SNCY) last posted its earnings results on Wednesday, June 22nd. The company reported ($0.09) earnings per share (EPS) for the quarter. The firm had revenue of $127.61 million during the quarter. Sun Country Airlines had a return on equity of 10.32% and a net margin of 5.25%. Analysts predict that Sun Country Airlines Holdings, Inc. will post 1.92 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Evercore ISI lifted their price objective on Sun Country Airlines from $19.00 to $20.00 and gave the stock an “outperform” rating in a report on Monday, September 29th. Cowen reiterated a “buy” rating on shares of Sun Country Airlines in a research report on Monday, November 3rd. Wall Street Zen lowered shares of Sun Country Airlines from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. Susquehanna raised their price objective on shares of Sun Country Airlines from $11.00 to $13.00 and gave the stock a “neutral” rating in a report on Friday, October 3rd. Finally, TD Cowen lifted their price objective on shares of Sun Country Airlines from $15.00 to $21.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Six investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Sun Country Airlines currently has a consensus rating of “Moderate Buy” and a consensus target price of $19.25.

Institutional Investors Weigh In On Sun Country Airlines

Institutional investors and hedge funds have recently made changes to their positions in the business. CIBC Bancorp USA Inc. purchased a new stake in shares of Sun Country Airlines in the 3rd quarter valued at about $259,000. Hancock Whitney Corp increased its position in shares of Sun Country Airlines by 58.9% in the third quarter. Hancock Whitney Corp now owns 41,844 shares of the company’s stock worth $494,000 after purchasing an additional 15,507 shares during the last quarter. Lighthouse Investment Partners LLC purchased a new stake in Sun Country Airlines in the third quarter valued at approximately $812,000. Gotham Asset Management LLC lifted its position in Sun Country Airlines by 53.6% during the third quarter. Gotham Asset Management LLC now owns 200,311 shares of the company’s stock valued at $2,366,000 after purchasing an additional 69,862 shares during the last quarter. Finally, CSM Advisors LLC grew its stake in Sun Country Airlines by 29.7% in the 3rd quarter. CSM Advisors LLC now owns 507,038 shares of the company’s stock worth $5,987,000 after buying an additional 116,121 shares in the last quarter.

About Sun Country Airlines

Sun Country Airlines (NASDAQ: SNCY) is an American ultra-low-cost carrier providing a blend of scheduled and charter passenger services. The carrier focuses on leisure markets, offering nonstop flights to sun and ski destinations across the United States, Mexico and the Caribbean. In addition to its scheduled network, Sun Country operates charter services for sports teams, corporate groups and tour operators, as well as seasonal cargo charters that support e-commerce peak periods.

Founded in 1982 and headquartered in Minneapolis, Minnesota, Sun Country has navigated multiple ownership and restructuring phases.