Sun Country Airlines (NASDAQ:SNCY) SVP Sells $13,365.99 in Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Colton Matthew Snow sold 759 shares of the firm’s stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $17.61, for a total transaction of $13,365.99. Following the transaction, the senior vice president directly owned 33,927 shares in the company, valued at approximately $597,454.47. This trade represents a 2.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.

Colton Matthew Snow also recently made the following trade(s):

• On Tuesday, January 6th, Colton Matthew Snow sold 1,565 shares of Sun Country Airlines stock. The shares were sold at an average price of $15.09, for a total transaction of $23,615.85.
• On Friday, January 2nd, Colton Matthew Snow sold 145 shares of Sun Country Airlines stock. The stock was sold at an average price of $14.37, for a total value of $2,083.65.

Sun Country Airlines Trading Up 0.9%

SNCY opened at $17.72 on Friday. The company has a quick ratio of 0.73, a current ratio of 0.76 and a debt-to-equity ratio of 0.76. The stock’s fifty day moving average is $14.26 and its two-hundred day moving average is $12.89. The company has a market capitalization of $934.20 million, a P/E ratio of 16.88, a PEG 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.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of SNCY. Baron Wealth Management LLC purchased a new stake in Sun Country Airlines during the fourth quarter valued at approximately $189,000. Exchange Traded Concepts LLC increased its position in shares of Sun Country Airlines by 4.6% during the fourth quarter. Exchange Traded Concepts LLC now owns 97,282 shares of the company’s stock worth $1,400,000 after purchasing an additional 4,316 shares in the last quarter. SG Americas Securities LLC purchased a new stake in shares of Sun Country Airlines during the 4th quarter valued at $297,000. CIBC Bancorp USA Inc. purchased a new stake in shares of Sun Country Airlines during the 3rd quarter valued at $259,000. Finally, Hancock Whitney Corp boosted its position in shares of Sun Country Airlines by 58.9% in the 3rd quarter. Hancock Whitney Corp now owns 41,844 shares of the company’s stock worth $494,000 after purchasing an additional 15,507 shares in the last quarter.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. TD Cowen lifted their price objective on Sun Country Airlines from $15.00 to $21.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Zacks Research upgraded shares of Sun Country Airlines from a “strong sell” rating to a “hold” rating in a report on Friday, December 5th. Evercore ISI upped their price target on shares of Sun Country Airlines from $19.00 to $20.00 and gave the stock an “outperform” rating in a research report on Monday, September 29th. Citigroup lifted their price objective on shares of Sun Country Airlines from $15.00 to $18.00 and gave the company a “neutral” rating in a report on Wednesday, January 7th. Finally, Cowen reissued a “buy” rating on shares of Sun Country Airlines in a research note on Monday, November 3rd. Six equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, Sun Country Airlines has an average rating of “Moderate Buy” and a consensus price target of $19.63.

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.