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 stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $14.97, for a total value of $82,544.58. Following the transaction, the chief executive officer owned 173,044 shares in the company, valued at $2,590,468.68. The trade was a 3.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Sun Country Airlines Stock Down 0.7%

SNCY traded down $0.11 during midday trading on Wednesday, hitting $15.26. The company had a trading volume of 490,740 shares, compared to its average volume of 672,409. The stock’s 50 day moving average price is $13.51 and its 200 day moving average price is $12.62. 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 quick ratio of 0.73, a current ratio of 0.76 and a debt-to-equity ratio of 0.76. The company has a market capitalization of $804.51 million, a price-to-earnings ratio of 14.61, a PEG ratio of 0.34 and a beta of 1.57.

Sun Country Airlines (NASDAQ:SNCY) last announced its quarterly earnings data on Wednesday, June 22nd. The company reported ($0.09) EPS for the quarter. Sun Country Airlines had a net margin of 5.25% and a return on equity of 10.32%. The firm had revenue of $127.61 million during the quarter. On average, research analysts anticipate 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

A number of hedge funds and other institutional investors have recently bought and sold shares of SNCY. Cubist Systematic Strategies LLC boosted its holdings in shares of Sun Country Airlines by 279.5% in the first quarter. Cubist Systematic Strategies LLC now owns 65,207 shares of the company’s stock worth $803,000 after acquiring an additional 48,025 shares during the period. EP Wealth Advisors LLC bought a new position in Sun Country Airlines in the 1st quarter worth about $168,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Sun Country Airlines by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,487 shares of the company’s stock valued at $289,000 after buying an additional 1,014 shares in the last quarter. Petrus Trust Company LTA purchased a new position in Sun Country Airlines during the 1st quarter valued at about $334,000. Finally, Goldman Sachs Group Inc. increased its position 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 buying an additional 74,558 shares during the period.

Analysts Set New Price Targets

Several research firms recently weighed in on SNCY. Cantor Fitzgerald set a $21.00 price target on shares of Sun Country Airlines in a research report on Monday, November 3rd. Wall Street Zen cut shares of Sun Country Airlines from a “buy” rating to a “hold” rating in a research note on Saturday, October 25th. Susquehanna increased their price objective on Sun Country Airlines from $11.00 to $13.00 and gave the company a “neutral” rating in a report on Friday, October 3rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sun Country Airlines in a research report on Monday, December 29th. Finally, Evercore ISI increased their price target on Sun Country Airlines from $19.00 to $20.00 and gave the stock an “outperform” rating in a research note on Monday, September 29th. Six analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $19.25.

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.