Colton Matthew Snow Sells 752 Shares of Sun Country Airlines (NASDAQ:SNCY) Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Colton Matthew Snow sold 752 shares of the business’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $17.93, for a total value of $13,483.36. Following the transaction, the senior vice president directly owned 33,175 shares in the company, valued at $594,827.75. This trade represents a 2.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Colton Matthew Snow also recently made the following trade(s):

• On Monday, January 12th, Colton Matthew Snow sold 759 shares of Sun Country Airlines stock. The stock was sold at an average price of $17.61, for a total value of $13,365.99.
• On Tuesday, January 6th, Colton Matthew Snow sold 1,565 shares of Sun Country Airlines stock. The stock was sold at an average price of $15.09, for a total value of $23,615.85.
• On Friday, January 2nd, Colton Matthew Snow sold 145 shares of Sun Country Airlines stock. The shares were sold at an average price of $14.37, for a total transaction of $2,083.65.

Sun Country Airlines Trading Up 1.0%

Shares of NASDAQ SNCY traded up $0.18 during midday trading on Tuesday, reaching $18.22. 2,087,353 shares of the stock were exchanged, compared to its average volume of 2,074,438. Sun Country Airlines Holdings, Inc. has a twelve month low of $8.10 and a twelve month high of $18.78. The stock has a market capitalization of $960.20 million, a P/E ratio of 17.35, a PEG ratio of 0.39 and a beta of 1.57. The company has a 50 day simple moving average of $15.45 and a 200 day simple moving average of $13.27. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.73 and a current ratio of 0.76.

Institutional Trading of Sun Country Airlines

Several hedge funds have recently modified their holdings of SNCY. Privium Fund Management UK Ltd purchased a new position in Sun Country Airlines in the fourth quarter valued at $475,000. VELA Investment Management LLC raised its position in Sun Country Airlines by 14.2% in the 4th quarter. VELA Investment Management LLC now owns 239,179 shares of the company’s stock valued at $3,442,000 after purchasing an additional 29,747 shares in the last quarter. State of Alaska Department of Revenue raised its position in Sun Country Airlines by 61.3% in the 4th quarter. State of Alaska Department of Revenue now owns 48,413 shares of the company’s stock valued at $695,000 after purchasing an additional 18,394 shares in the last quarter. Brookwood Investment Group LLC purchased a new position in shares of Sun Country Airlines in the 4th quarter valued at about $168,000. Finally, Baron Wealth Management LLC acquired a new position in shares of Sun Country Airlines during the fourth quarter worth about $189,000.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Cantor Fitzgerald set a $21.00 price target on Sun Country Airlines in a report on Monday, November 3rd. Zacks Research lowered shares of Sun Country Airlines from a “hold” rating to a “strong sell” rating in a research note on Monday, January 26th. TD Cowen downgraded shares of Sun Country Airlines from a “buy” rating to a “hold” rating and reduced their price target for the company from $21.00 to $18.00 in a research note on Tuesday. Citigroup increased their price objective on shares of Sun Country Airlines from $15.00 to $18.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 7th. Finally, Wolfe Research lowered Sun Country Airlines from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, January 20th. Four investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $19.25.

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.