Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY – Get Free Report) SVP Erin Rose Neale sold 2,257 shares of the company’s stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $17.53, for a total transaction of $39,565.21. Following the transaction, the senior vice president directly owned 38,931 shares of the company’s stock, valued at approximately $682,460.43. This trade represents a 5.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Erin Rose Neale also recently made the following trade(s):
- On Tuesday, January 6th, Erin Rose Neale sold 1,802 shares of Sun Country Airlines stock. The shares were sold at an average price of $14.97, for a total transaction of $26,975.94.
- On Friday, January 2nd, Erin Rose Neale sold 280 shares of Sun Country Airlines stock. The stock was sold at an average price of $14.23, for a total value of $3,984.40.
- On Tuesday, December 2nd, Erin Rose Neale sold 623 shares of Sun Country Airlines stock. The shares were sold at an average price of $13.95, for a total transaction of $8,690.85.
Sun Country Airlines Stock Up 0.7%
Shares of SNCY traded up $0.12 during trading hours on Wednesday, hitting $17.18. The company had a trading volume of 2,927,059 shares, compared to its average volume of 2,489,018. The firm has a fifty day moving average price of $13.96 and a 200-day moving average price of $12.79. The stock has a market capitalization of $905.73 million, a price-to-earnings ratio of 16.36, a P/E/G ratio of 0.39 and a beta of 1.57. Sun Country Airlines Holdings, Inc. has a 52-week low of $8.10 and a 52-week high of $18.59. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.73 and a current ratio of 0.76.
Institutional Trading of Sun Country Airlines
Key Headlines Impacting Sun Country Airlines
Here are the key news stories impacting Sun Country Airlines this week:
- Positive Sentiment: Acquisition announcement provides a clear catalyst and likely premium/strategic rationale for the stock — Allegiant agreed to acquire Sun Country in a deal that swaps Allegiant shares plus cash for SNCY shares, giving public investors a defined exit scenario. Allegiant to buy Minneapolis-based Sun Country Airlines
- Neutral Sentiment: JPMorgan maintained a neutral rating on SNCY but lowered its price target to $19 from $22 — this keeps analyst guidance in line with a modest upside to current levels but reduces upside expectations. JPMorgan reaffirms neutral rating, cuts PT to $19
- Neutral Sentiment: Reported short-interest data in the snapshot is anomalous/zeroed and does not indicate a meaningful short squeeze risk at present; treat the short-interest report with caution until a clearer update is posted. (Internal short-interest entry)
- Negative Sentiment: Multiple insider sales (CEO Jude Bricker and several senior officers on Jan. 12) — executives reduced holdings by low-single-digit percentages through Form 4 transactions, which investors often view as a modest negative signal even though insiders retain substantial stakes. CEO Form 4 (SEC)
- Negative Sentiment: Two shareholder law firms (Kahn Swick & Foti and Ademi LLP) have launched investigations/alerts challenging whether the proposed Allegiant deal provides a fair price and process — these actions can delay approval, pressure deal terms, or lead to litigation that creates execution risk. KSF investor alert on proposed sale Ademi LLP shareholder alert
Wall Street Analysts Forecast Growth
SNCY has been the topic of several analyst reports. Susquehanna upgraded shares of Sun Country Airlines from a “neutral” rating to a “positive” rating and lifted their price target for the stock from $12.00 to $20.00 in a research note on Friday, January 9th. Cantor Fitzgerald set a $21.00 target price on shares of Sun Country Airlines in a report on Monday, November 3rd. Cowen reaffirmed a “buy” rating on shares of Sun Country Airlines in a report on Monday, November 3rd. JPMorgan Chase & Co. restated a “neutral” rating and set a $19.00 target price (down previously from $22.00) on shares of Sun Country Airlines in a research note on Tuesday. Finally, TD Cowen raised their price target on Sun Country Airlines from $15.00 to $21.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Six equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Sun Country Airlines has an average rating of “Moderate Buy” and an average target price of $19.63.
Check Out Our Latest Stock Report on Sun Country Airlines
About Sun Country Airlines
Sun Country Airlines (NASDAQ: SNCY) is an American ultra-low-cost carrier providing a blend of scheduled and charter passenger services. The carrier focuses on leisure markets, offering nonstop flights to sun and ski destinations across the United States, Mexico and the Caribbean. In addition to its scheduled network, Sun Country operates charter services for sports teams, corporate groups and tour operators, as well as seasonal cargo charters that support e-commerce peak periods.
Founded in 1982 and headquartered in Minneapolis, Minnesota, Sun Country has navigated multiple ownership and restructuring phases.
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