Grant Whitney Sells 894 Shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Grant Whitney sold 894 shares of the firm’s stock in a transaction on Wednesday, July 3rd. The stock was sold at an average price of $12.74, for a total value of $11,389.56. Following the completion of the transaction, the senior vice president now owns 25,068 shares in the company, valued at $319,366.32. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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

• On Monday, July 1st, Grant Whitney sold 5,000 shares of Sun Country Airlines stock. The stock was sold at an average price of $12.42, for a total value of $62,100.00.
• On Wednesday, June 5th, Grant Whitney sold 5,888 shares of Sun Country Airlines stock. The stock was sold at an average price of $10.68, for a total value of $62,883.84.

Sun Country Airlines Price Performance

Shares of NASDAQ SNCY opened at $12.67 on Wednesday. The business’s 50 day moving average price is $11.32 and its two-hundred day moving average price is $13.40. The company has a market cap of $666.57 million, a PE ratio of 10.39, a price-to-earnings-growth ratio of 0.60 and a beta of 1.56. The company has a quick ratio of 0.59, a current ratio of 0.61 and a debt-to-equity ratio of 1.08. Sun Country Airlines Holdings, Inc. has a twelve month low of $9.22 and a twelve month high of $23.80.

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

Analyst Ratings Changes

A number of brokerages recently commented on SNCY. TD Cowen lifted their price objective on Sun Country Airlines from $17.00 to $20.00 and gave the stock a “buy” rating in a research note on Tuesday, June 25th. Morgan Stanley reiterated an “overweight” rating and set a $21.00 target price on shares of Sun Country Airlines in a report on Thursday, June 20th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $19.67.

Hedge Funds Weigh In On Sun Country Airlines

Several institutional investors and hedge funds have recently made changes to their positions in SNCY. Par Capital Management Inc. grew its position in shares of Sun Country Airlines by 95.7% in the fourth quarter. Par Capital Management Inc. now owns 2,767,000 shares of the company’s stock valued at $43,525,000 after purchasing an additional 1,352,800 shares during the last quarter. Ghisallo Capital Management LLC acquired a new position in shares of Sun Country Airlines in the fourth quarter valued at approximately $7,078,000. Vanguard Group Inc. grew its position in shares of Sun Country Airlines by 3.7% in the third quarter. Vanguard Group Inc. now owns 4,209,412 shares of the company’s stock valued at $62,468,000 after purchasing an additional 150,735 shares during the last quarter. Assenagon Asset Management S.A. grew its position in Sun Country Airlines by 123.1% during the first quarter. Assenagon Asset Management S.A. now owns 244,507 shares of the company’s stock worth $3,690,000 after buying an additional 134,924 shares in the last quarter. Finally, Empowered Funds LLC grew its position in Sun Country Airlines by 111.5% during the first quarter. Empowered Funds LLC now owns 188,011 shares of the company’s stock worth $2,837,000 after buying an additional 99,097 shares in the last quarter.

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.