Jude Bricker Sells 5,514 Shares of Sun Country Airlines (NASDAQ:SNCY) Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) CEO Jude Bricker sold 5,514 shares of the business’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $14.97, for a total transaction of $82,544.58. Following the transaction, the chief executive officer owned 173,044 shares of the company’s stock, valued at $2,590,468.68. This trade represents a 3.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Sun Country Airlines Price Performance

Shares of SNCY stock traded down $0.11 on Wednesday, reaching $15.26. The company’s stock had a trading volume of 490,740 shares, compared to its average volume of 672,409. The company has a market capitalization of $804.51 million, a P/E ratio of 14.61, a PEG ratio of 0.34 and a beta of 1.57. Sun Country Airlines Holdings, Inc. has a 12-month low of $8.10 and a 12-month high of $18.59. The stock’s 50 day simple moving average is $13.51 and its 200-day simple moving average is $12.62. The company has a quick ratio of 0.73, a current ratio of 0.76 and a debt-to-equity ratio of 0.76.

Sun Country Airlines (NASDAQ:SNCY) last posted its earnings results on Wednesday, June 22nd. The company reported ($0.09) EPS for the quarter. Sun Country Airlines had a return on equity of 10.32% and a net margin of 5.25%.The business had revenue of $127.61 million for the quarter. As a group, equities analysts predict that Sun Country Airlines Holdings, Inc. will post 1.92 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Sun Country Airlines

Hedge funds have recently made changes to their positions in the company. Cubist Systematic Strategies LLC grew its position in shares of Sun Country Airlines by 279.5% in the 1st quarter. Cubist Systematic Strategies LLC now owns 65,207 shares of the company’s stock worth $803,000 after buying an additional 48,025 shares during the period. EP Wealth Advisors LLC bought a new stake in Sun Country Airlines during the first quarter worth about $168,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Sun Country Airlines by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,487 shares of the company’s stock worth $289,000 after purchasing an additional 1,014 shares during the period. Petrus Trust Company LTA purchased a new stake in Sun Country Airlines in the first quarter worth about $334,000. Finally, Goldman Sachs Group Inc. increased its stake in shares of Sun Country Airlines by 6.8% during the first quarter. Goldman Sachs Group Inc. now owns 1,167,547 shares of the company’s stock valued at $14,384,000 after purchasing an additional 74,558 shares in the last quarter.

Analysts Set New Price Targets

A number of research firms recently weighed in on SNCY. Evercore ISI boosted their target price on Sun Country Airlines from $19.00 to $20.00 and gave the stock an “outperform” rating in a research report on Monday, September 29th. Cantor Fitzgerald set a $21.00 price target on shares of Sun Country Airlines in a research note on Monday, November 3rd. Cowen reaffirmed a “buy” rating on shares of Sun Country Airlines in a research note on Monday, November 3rd. Wall Street Zen lowered shares of Sun Country Airlines from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. Finally, Citigroup boosted their price target on shares of Sun Country Airlines from $15.00 to $18.00 and gave the stock a “neutral” rating in a research note on Wednesday. Six investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $19.25.

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.