Grant Whitney Sells 5,000 Shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Grant Whitney sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, July 1st. The shares were sold at an average price of $12.42, for a total transaction of $62,100.00. Following the completion of the transaction, the senior vice president now owns 26,355 shares of the company’s stock, valued at $327,329.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

• 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 transaction of $62,883.84.

Sun Country Airlines Stock Down 2.3 %

Shares of NASDAQ:SNCY opened at $12.37 on Friday. The firm has a fifty day moving average of $11.39 and a 200 day moving average of $13.51. Sun Country Airlines Holdings, Inc. has a 52-week low of $9.22 and a 52-week high of $23.80. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.59 and a current ratio of 0.61. The firm has a market capitalization 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.

Sun Country Airlines (NASDAQ:SNCY) last posted its quarterly earnings data on Monday, May 6th. The company reported $0.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.02). The firm had revenue of $311.50 million during the quarter, compared to analysts’ expectations of $316.23 million. Sun Country Airlines had a return on equity of 14.35% and a net margin of 6.48%. Sun Country Airlines’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.68 earnings per share. As a group, research analysts anticipate that Sun Country Airlines Holdings, Inc. will post 1.11 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on SNCY. TD Cowen upped their price target on shares of Sun Country Airlines from $17.00 to $20.00 and gave the stock a “buy” rating in a report on Tuesday, June 25th. Morgan Stanley restated an “overweight” rating and issued a $21.00 target price on shares of Sun Country Airlines in a research note on Thursday, June 20th. Two research 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, Sun Country Airlines currently has an average rating of “Moderate Buy” and an average price target of $19.67.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in SNCY. Vanguard Group Inc. boosted its stake in shares of Sun Country Airlines by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 4,677,081 shares of the company’s stock valued at $70,577,000 after purchasing an additional 75,252 shares in the last quarter. Par Capital Management Inc. boosted its position in Sun Country Airlines by 95.7% during the fourth quarter. Par Capital Management Inc. now owns 2,767,000 shares of the company’s stock valued at $43,525,000 after buying an additional 1,352,800 shares during the period. Ghisallo Capital Management LLC bought a new position in shares of Sun Country Airlines during the fourth quarter valued at about $7,078,000. Charles Schwab Investment Management Inc. increased its holdings in shares of Sun Country Airlines by 2.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 317,460 shares of the company’s stock worth $4,994,000 after buying an additional 8,062 shares during the period. Finally, LSV Asset Management lifted its stake in shares of Sun Country Airlines by 32.2% in the 1st quarter. LSV Asset Management now owns 252,458 shares of the company’s stock valued at $3,810,000 after acquiring an additional 61,558 shares during 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.