Insider Selling: Sun Country Airlines (NASDAQ:SNCY) SVP Sells 759 Shares of Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCYGet Free Report) SVP Colton Matthew Snow sold 759 shares of the stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $17.61, for a total value of $13,365.99. Following the transaction, the senior vice president owned 33,927 shares in the company, valued at $597,454.47. This trade represents a 2.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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 shares were sold at an average price of $14.37, for a total value of $2,083.65.

Sun Country Airlines Stock Up 0.7%

Shares of NASDAQ SNCY traded up $0.12 during midday trading on Wednesday, reaching $17.18. 2,927,059 shares of the company’s stock were exchanged, compared to its average volume of 2,489,018. The stock has a market capitalization of $905.73 million, a PE ratio of 16.36, a price-to-earnings-growth ratio of 0.39 and a beta of 1.57. The business’s fifty day moving average price is $13.96 and its two-hundred day moving average price is $12.79. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.73 and a current ratio of 0.76. Sun Country Airlines Holdings, Inc. has a 52-week low of $8.10 and a 52-week high of $18.59.

Wall Street Analysts Forecast Growth

A number of research firms have commented on SNCY. Wall Street Zen downgraded shares of Sun Country Airlines from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. Cowen reiterated a “buy” rating on shares of Sun Country Airlines in a research note on Monday, November 3rd. Evercore ISI upped 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. Zacks Research raised shares of Sun Country Airlines from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th. Finally, Cantor Fitzgerald set a $21.00 price objective on Sun Country Airlines in a research note on Monday, November 3rd. Six analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $19.63.

View Our Latest Analysis on SNCY

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC increased its holdings in shares of Sun Country Airlines by 1,728.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,158 shares of the company’s stock worth $25,000 after acquiring an additional 2,040 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in Sun Country Airlines by 1,556.8% in the second quarter. Nisa Investment Advisors LLC now owns 4,490 shares of the company’s stock valued at $53,000 after purchasing an additional 4,219 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Sun Country Airlines by 493.1% during the 2nd quarter. GAMMA Investing LLC now owns 4,757 shares of the company’s stock worth $56,000 after acquiring an additional 3,955 shares in the last quarter. Canada Pension Plan Investment Board bought a new position in shares of Sun Country Airlines in the 2nd quarter valued at $59,000. Finally, Ameritas Investment Partners Inc. boosted its stake in Sun Country Airlines by 40.4% in the second quarter. Ameritas Investment Partners Inc. now owns 5,224 shares of the company’s stock valued at $61,000 after buying an additional 1,504 shares in the last quarter.

About Sun Country Airlines

(Get Free Report)

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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Insider Buying and Selling by Quarter for Sun Country Airlines (NASDAQ:SNCY)

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