Gregory A. Mays Sells 1,319 Shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) COO Gregory A. Mays sold 1,319 shares of Sun Country Airlines stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $12.03, for a total value of $15,867.57. Following the sale, the chief operating officer now directly owns 87,837 shares of the company’s stock, valued at $1,056,679.11. This represents a 1.48 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Sun Country Airlines Price Performance

SNCY traded down $0.96 during midday trading on Thursday, hitting $11.31. The stock had a trading volume of 508,129 shares, compared to its average volume of 728,394. The company has a market cap of $601.22 million, a P/E ratio of 11.91, a price-to-earnings-growth ratio of 0.42 and a beta of 1.46. The business has a fifty day moving average of $15.30 and a 200 day moving average of $14.25. Sun Country Airlines Holdings, Inc. has a 1 year low of $9.22 and a 1 year high of $18.59. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.61 and a current ratio of 0.63.

Sun Country Airlines (NASDAQ:SNCY) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.21 by $0.06. The firm had revenue of $260.40 million for the quarter, compared to the consensus estimate of $258.04 million. Sun Country Airlines had a return on equity of 10.23% and a net margin of 4.92%. The company’s quarterly revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.12 earnings per share. As a group, equities analysts forecast that Sun Country Airlines Holdings, Inc. will post 1.92 earnings per share for the current fiscal year.

Institutional Trading of Sun Country Airlines

Institutional investors have recently made changes to their positions in the stock. Canada Pension Plan Investment Board purchased a new position in shares of Sun Country Airlines in the fourth quarter worth $60,000. BNP Paribas Financial Markets purchased a new position in shares of Sun Country Airlines in the fourth quarter valued at about $74,000. Aquatic Capital Management LLC bought a new position in shares of Sun Country Airlines during the fourth quarter valued at about $102,000. Quarry LP boosted its holdings in shares of Sun Country Airlines by 355.0% during the fourth quarter. Quarry LP now owns 7,894 shares of the company’s stock worth $115,000 after purchasing an additional 6,159 shares during the period. Finally, State of Wyoming grew its stake in shares of Sun Country Airlines by 102.7% in the fourth quarter. State of Wyoming now owns 8,411 shares of the company’s stock worth $123,000 after purchasing an additional 4,262 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on SNCY. Susquehanna lifted their price target on Sun Country Airlines from $14.00 to $16.00 and gave the company a “neutral” rating in a research report on Tuesday, January 7th. JPMorgan Chase & Co. started coverage on shares of Sun Country Airlines in a research note on Wednesday, January 22nd. They issued an “overweight” rating and a $23.00 price target for the company. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, Sun Country Airlines presently has a consensus rating of “Moderate Buy” and an average target price of $19.29.

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.