Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) CEO Sells $578,221.93 in Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) CEO Jude Bricker sold 37,817 shares of the firm’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $15.29, for a total value of $578,221.93. Following the transaction, the chief executive officer now directly owns 82,895 shares of the company’s stock, valued at approximately $1,267,464.55. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Jude Bricker also recently made the following trade(s):

• On Tuesday, October 1st, Jude Bricker sold 2,193 shares of Sun Country Airlines stock. The stock was sold at an average price of $10.83, for a total value of $23,750.19.

Sun Country Airlines Trading Down 1.3 %

Shares of NASDAQ:SNCY traded down $0.20 during mid-day trading on Thursday, hitting $15.36. The company had a trading volume of 518,863 shares, compared to its average volume of 661,825. 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 Holdings, Inc. has a one year low of $9.22 and a one year high of $17.56. The firm has a fifty day moving average price of $11.60 and a 200 day moving average price of $11.52. The company has a market capitalization of $813.16 million, a PE ratio of 19.19, a price-to-earnings-growth ratio of 0.66 and a beta of 1.48.

Sun Country Airlines (NASDAQ:SNCY) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.06 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.06. Sun Country Airlines had a net margin of 4.25% and a return on equity of 9.00%. The company had revenue of $249.50 million for the quarter, compared to analysts’ expectations of $250.30 million. During the same quarter in the prior year, the firm earned $0.14 EPS. The business’s revenue was up .2% on a year-over-year basis. As a group, research analysts forecast that Sun Country Airlines Holdings, Inc. will post 0.98 EPS for the current year.

Analysts Set New Price Targets

SNCY has been the subject of several analyst reports. Wolfe Research upgraded 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 report on Tuesday, October 8th. Susquehanna boosted their target price on shares of Sun Country Airlines from $11.00 to $14.00 and gave the company a “neutral” rating in a report on Monday. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $17.80.

Hedge Funds Weigh In On Sun Country Airlines

A number of institutional investors have recently modified their holdings of SNCY. Vanguard Group Inc. raised its holdings in Sun Country Airlines by 1.6% during the first quarter. Vanguard Group Inc. now owns 4,677,081 shares of the company’s stock worth $70,577,000 after buying an additional 75,252 shares during the last quarter. U S Global Investors Inc. increased its position in shares of Sun Country Airlines by 14.2% during the third quarter. U S Global Investors Inc. now owns 2,705,789 shares of the company’s stock worth $30,332,000 after acquiring an additional 336,086 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Sun Country Airlines by 10.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,186,222 shares of the company’s stock worth $14,899,000 after acquiring an additional 112,397 shares during the last quarter. American Century Companies Inc. lifted its position in Sun Country Airlines by 40.0% in the 2nd quarter. American Century Companies Inc. now owns 901,335 shares of the company’s stock valued at $11,321,000 after acquiring an additional 257,418 shares in the last quarter. Finally, Dana Investment Advisors Inc. boosted its stake in Sun Country Airlines by 114.5% during the 2nd quarter. Dana Investment Advisors Inc. now owns 808,283 shares of the company’s stock valued at $10,152,000 after purchasing an additional 431,515 shares during 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.