Erin Rose Neale Sells 1,738 Shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Erin Rose Neale sold 1,738 shares of Sun Country Airlines stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $14.88, for a total transaction of $25,861.44. Following the transaction, the senior vice president now directly owns 30,142 shares of the company’s stock, valued at approximately $448,512.96. This represents a 5.45 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Sun Country Airlines Trading Up 3.1 %

Shares of SNCY opened at $14.78 on Friday. Sun Country Airlines Holdings, Inc. has a 1-year low of $9.22 and a 1-year high of $16.42. The company has a 50-day moving average of $13.92 and a 200 day moving average of $12.11. The firm has a market capitalization of $782.45 million, a price-to-earnings ratio of 18.25, a PEG ratio of 0.71 and a beta of 1.46. 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) last posted its quarterly earnings results on Wednesday, October 30th. The company reported $0.06 EPS for the quarter, meeting the consensus estimate of $0.06. Sun Country Airlines had a net margin of 4.25% and a return on equity of 9.00%. The business had revenue of $249.50 million during the quarter, compared to analyst estimates of $250.30 million. During the same quarter in the previous year, the business posted $0.14 EPS. The company’s quarterly revenue was up .2% compared to the same quarter last year. On average, research analysts expect that Sun Country Airlines Holdings, Inc. will post 0.92 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts recently commented on SNCY shares. Susquehanna lifted their price target on shares of Sun Country Airlines from $11.00 to $14.00 and gave the stock a “neutral” rating in a research note on Monday, November 4th. Barclays lifted their price target on shares of Sun Country Airlines from $20.00 to $24.00 and gave the stock an “overweight” rating in a research note on Thursday, November 14th. Wolfe Research raised shares of Sun Country Airlines from a “peer perform” rating to an “outperform” rating and set a $14.00 price target for the company in a research note on Tuesday, October 8th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $17.00 price target on shares of Sun Country Airlines in a research note 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. According to MarketBeat.com, Sun Country Airlines currently has an average rating of “Moderate Buy” and an average price target of $18.33.

Institutional Investors Weigh In On Sun Country Airlines

Large investors have recently modified their holdings of the business. Farther Finance Advisors LLC raised its stake in shares of Sun Country Airlines by 76.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,300 shares of the company’s stock worth $26,000 after acquiring an additional 1,000 shares in the last quarter. CWM LLC raised its stake in shares of Sun Country Airlines by 1,660.9% during 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 in the last quarter. Innealta Capital LLC bought a new position in shares of Sun Country Airlines during the 2nd quarter worth approximately $40,000. Allspring Global Investments Holdings LLC bought a new position in shares of Sun Country Airlines during the 2nd quarter worth approximately $80,000. Finally, US Bancorp DE raised its stake in shares of Sun Country Airlines by 4,522.7% during the 3rd quarter. US Bancorp DE now owns 8,367 shares of the company’s stock worth $94,000 after acquiring an additional 8,186 shares in the last quarter.

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.