Sun Country Airlines (NASDAQ:SNCY) SVP Sells $39,565.21 in Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Erin Rose Neale sold 2,257 shares of the business’s stock in a transaction on Monday, January 12th. The stock was sold at an average price of $17.53, for a total value of $39,565.21. Following the sale, the senior vice president directly owned 38,931 shares in the company, valued at $682,460.43. This trade represents a 5.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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 value 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 stock was sold at an average price of $13.95, for a total value of $8,690.85.

Sun Country Airlines Price Performance

SNCY stock opened at $17.72 on Friday. Sun Country Airlines Holdings, Inc. has a one year low of $8.10 and a one year high of $18.59. The firm has a 50-day moving average of $14.26 and a two-hundred day moving average of $12.89. The firm has a market capitalization of $934.20 million, a PE ratio of 16.88, a P/E/G ratio of 0.39 and a beta of 1.57. The company has a current ratio of 0.76, a quick ratio of 0.73 and a debt-to-equity ratio of 0.76.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Cowen reiterated a “buy” rating on shares of Sun Country Airlines in a research report on Monday, November 3rd. Evercore ISI upped their price target on Sun Country Airlines from $19.00 to $20.00 and gave the company an “outperform” rating in a research report on Monday, September 29th. Susquehanna raised Sun Country Airlines from a “neutral” rating to a “positive” rating and increased their price objective for the stock from $12.00 to $20.00 in a research note on Friday, January 9th. TD Cowen lifted their target price on Sun Country Airlines from $15.00 to $21.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $19.00 target price (down previously from $22.00) on shares of Sun Country Airlines in a report on Tuesday. Six equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, Sun Country Airlines has a consensus rating of “Moderate Buy” and an average price target of $19.63.

Institutional Investors Weigh In On Sun Country Airlines

Hedge funds and other institutional investors have recently made changes to their positions in the company. Voya Investment Management LLC grew its stake in shares of Sun Country Airlines by 5,842.4% in the 1st quarter. Voya Investment Management LLC now owns 1,409,892 shares of the company’s stock valued at $17,370,000 after buying an additional 1,386,166 shares in the last quarter. Frontier Capital Management Co. LLC lifted its stake in Sun Country Airlines by 53.3% in the second quarter. Frontier Capital Management Co. LLC now owns 3,533,617 shares of the company’s stock valued at $41,520,000 after acquiring an additional 1,228,721 shares during the last quarter. Vanguard Group Inc. lifted its stake in Sun Country Airlines by 13.9% in the third quarter. Vanguard Group Inc. now owns 4,817,742 shares of the company’s stock valued at $56,898,000 after acquiring an additional 589,323 shares during the last quarter. Apollo Management Holdings L.P. bought a new stake in Sun Country Airlines in the second quarter worth approximately $6,821,000. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of Sun Country Airlines by 91.1% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,217,131 shares of the company’s stock worth $14,301,000 after purchasing an additional 580,062 shares during the last quarter.

Sun Country Airlines Company Profile

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.