Jude Bricker Sells 2,086 Shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) CEO Jude Bricker sold 2,086 shares of the firm’s stock in a transaction on Tuesday, July 2nd. The shares were sold at an average price of $12.62, for a total value of $26,325.32. Following the completion of the transaction, the chief executive officer now owns 122,905 shares of the company’s stock, valued at approximately $1,551,061.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Sun Country Airlines Stock Down 2.3 %

Sun Country Airlines stock traded down $0.29 during midday trading on Wednesday, hitting $12.37. 617,124 shares of the company were exchanged, compared to its average volume of 634,629. The company’s fifty day moving average price is $11.46 and its 200-day moving average price is $13.52. The company has a market cap of $650.79 million, a PE ratio of 10.14, a price-to-earnings-growth ratio of 0.62 and a beta of 1.56. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.61 and a quick ratio of 0.59. Sun Country Airlines Holdings, Inc. has a fifty-two week low of $9.22 and a fifty-two week high of $23.80.

Sun Country Airlines (NASDAQ:SNCY) last released its quarterly earnings results on Monday, May 6th. The company reported $0.66 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.02). The company had revenue of $311.50 million for the quarter, compared to analyst estimates of $316.23 million. Sun Country Airlines had a return on equity of 14.35% and a net margin of 6.48%. The business’s revenue was up 5.9% on a year-over-year basis. During the same period last year, the firm posted $0.68 earnings per share. On average, research analysts predict that Sun Country Airlines Holdings, Inc. will post 1.11 EPS for the current fiscal year.

Hedge Funds Weigh In On Sun Country Airlines

Several hedge funds and other institutional investors have recently bought and sold shares of SNCY. Los Angeles Capital Management LLC bought a new stake in shares of Sun Country Airlines in the 1st quarter valued at approximately $1,208,000. Vanguard Group Inc. increased its holdings in shares of Sun Country Airlines by 3.7% in the 3rd quarter. Vanguard Group Inc. now owns 4,209,412 shares of the company’s stock valued at $62,468,000 after acquiring an additional 150,735 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of Sun Country Airlines in the 4th quarter valued at approximately $431,000. Illinois Municipal Retirement Fund increased its holdings in shares of Sun Country Airlines by 3.7% in the 4th quarter. Illinois Municipal Retirement Fund now owns 21,711 shares of the company’s stock valued at $342,000 after acquiring an additional 776 shares during the last quarter. Finally, Ghisallo Capital Management LLC bought a new stake in shares of Sun Country Airlines in the 4th quarter valued at approximately $7,078,000.

Analysts Set New Price Targets

Several research firms have commented on SNCY. TD Cowen lifted their price target on Sun Country Airlines from $17.00 to $20.00 and gave the company a “buy” rating in a report on Tuesday, June 25th. Morgan Stanley reaffirmed an “overweight” rating and issued a $21.00 price objective on shares of Sun Country Airlines in a research note on Thursday, June 20th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $19.67.

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.