Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) COO Gregory A. Mays Sells 6,147 Shares

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) COO Gregory A. Mays sold 6,147 shares of the stock in a transaction dated Friday, January 10th. The stock was sold at an average price of $16.08, for a total transaction of $98,843.76. Following the sale, the chief operating officer now directly owns 60,368 shares in the company, valued at approximately $970,717.44. This represents a 9.24 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Sun Country Airlines Stock Performance

Shares of Sun Country Airlines stock opened at $16.01 on Thursday. The firm has a fifty day moving average of $14.86 and a two-hundred day moving average of $12.66. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.57 and a current ratio of 0.59. The stock has a market capitalization of $847.57 million, a price-to-earnings ratio of 19.77, a PEG ratio of 0.71 and a beta of 1.44. Sun Country Airlines Holdings, Inc. has a 52 week low of $9.22 and a 52 week high of $16.46.

Sun Country Airlines (NASDAQ:SNCY) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.06 EPS for the quarter, meeting analysts’ consensus estimates of $0.06. Sun Country Airlines had a return on equity of 9.00% and a net margin of 4.25%. The business had revenue of $249.50 million during the quarter, compared to the consensus estimate of $250.30 million. During the same quarter in the prior year, the company posted $0.14 earnings per share. The firm’s revenue was up .2% on a year-over-year basis. As a group, equities research analysts predict that Sun Country Airlines Holdings, Inc. will post 0.92 EPS for the current year.

Institutional Trading of Sun Country Airlines

Hedge funds have recently modified their holdings of the company. Farther Finance Advisors LLC increased its stake in Sun Country Airlines by 76.9% in the third quarter. Farther Finance Advisors LLC now owns 2,300 shares of the company’s stock valued at $26,000 after purchasing an additional 1,000 shares in the last quarter. US Bancorp DE grew its holdings in shares of Sun Country Airlines by 4,522.7% in the 3rd quarter. US Bancorp DE now owns 8,367 shares of the company’s stock valued at $94,000 after buying an additional 8,186 shares during the period. Paloma Partners Management Co bought a new stake in shares of Sun Country Airlines in the 3rd quarter valued at $132,000. SG Americas Securities LLC acquired a new stake in Sun Country Airlines during the 3rd quarter worth $159,000. Finally, The Manufacturers Life Insurance Company lifted its holdings in Sun Country Airlines by 7.8% during the second quarter. The Manufacturers Life Insurance Company now owns 14,971 shares of the company’s stock worth $188,000 after acquiring an additional 1,087 shares in the last quarter.

Analyst Ratings Changes

SNCY has been the topic of several research analyst reports. The Goldman Sachs Group reissued a “neutral” rating and set a $17.00 price target on shares of Sun Country Airlines in a research note on Friday, November 15th. Wolfe Research upgraded Sun Country Airlines from a “peer perform” rating to an “outperform” rating and set a $14.00 price objective on the stock in a research report on Tuesday, October 8th. Susquehanna lifted their target price on Sun Country Airlines from $14.00 to $16.00 and gave the company a “neutral” rating in a research note on Tuesday, January 7th. Finally, Barclays upped their price target on Sun Country Airlines from $20.00 to $24.00 and gave the company an “overweight” rating in a research note on Thursday, November 14th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $18.67.

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.