Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) CEO Jude Bricker Sells 37,817 Shares

by · The Cerbat Gem

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY – Get Free Report) CEO Jude Bricker sold 37,817 shares of the stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $15.29, for a total value of $578,221.93. Following the transaction, the chief executive officer now owns 82,895 shares in the company, valued at $1,267,464.55. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Jude Bricker also recently made the following trade(s):

  • On Tuesday, October 1st, Jude Bricker sold 2,193 shares of Sun Country Airlines stock. The shares were sold at an average price of $10.83, for a total transaction of $23,750.19.

Sun Country Airlines Price Performance

Shares of SNCY stock traded down $0.20 during trading hours on Thursday, reaching $15.36. The company’s stock had a trading volume of 518,863 shares, compared to its average volume of 661,825. The company has a quick ratio of 0.57, a current ratio of 0.59 and a debt-to-equity ratio of 0.96. Sun Country Airlines Holdings, Inc. has a fifty-two week low of $9.22 and a fifty-two week high of $17.56. The company has a market capitalization of $813.16 million, a price-to-earnings ratio of 19.19, a PEG ratio of 0.66 and a beta of 1.48. The firm’s 50 day simple moving average is $11.60 and its 200-day simple moving average is $11.52.

Sun Country Airlines (NASDAQ:SNCY – Get Free Report) last released its earnings results on Wednesday, October 30th. The company reported $0.06 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.06. The firm had revenue of $249.50 million for the quarter, compared to analysts’ expectations of $250.30 million. Sun Country Airlines had a return on equity of 9.00% and a net margin of 4.25%. The business’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.14 earnings per share. Sell-side analysts forecast that Sun Country Airlines Holdings, Inc. will post 0.98 earnings per share for the current year.

Hedge Funds Weigh In On Sun Country Airlines

Several institutional investors and hedge funds have recently added to or reduced their stakes in SNCY. Dana Investment Advisors Inc. grew its stake in shares of Sun Country Airlines by 114.5% during the second quarter. Dana Investment Advisors Inc. now owns 808,283 shares of the company’s stock worth $10,152,000 after buying an additional 431,515 shares during the last quarter. LSV Asset Management increased its holdings in Sun Country Airlines by 159.9% in the 2nd quarter. LSV Asset Management now owns 656,088 shares of the company’s stock worth $8,240,000 after purchasing an additional 403,630 shares in the last quarter. AQR Capital Management LLC raised its position in Sun Country Airlines by 213.2% in the second quarter. AQR Capital Management LLC now owns 516,269 shares of the company’s stock valued at $6,484,000 after purchasing an additional 351,421 shares during the last quarter. U S Global Investors Inc. boosted its stake in shares of Sun Country Airlines by 14.2% during the third quarter. U S Global Investors Inc. now owns 2,705,789 shares of the company’s stock valued at $30,332,000 after purchasing an additional 336,086 shares in the last quarter. Finally, American Century Companies Inc. grew its holdings in shares of Sun Country Airlines by 40.0% during the second quarter. American Century Companies Inc. now owns 901,335 shares of the company’s stock worth $11,321,000 after purchasing an additional 257,418 shares during the last quarter.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Wolfe Research upgraded shares of Sun Country Airlines from a “peer perform” rating to an “outperform” rating and set a $14.00 target price on the stock in a research report on Tuesday, October 8th. Susquehanna raised their price objective on Sun Country Airlines from $11.00 to $14.00 and gave the stock a “neutral” rating in a research note on Monday. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Sun Country Airlines presently has a consensus rating of “Moderate Buy” and an average target price of $17.80.

View Our Latest Analysis on SNCY

Sun Country Airlines Company Profile

(Get Free Report)

Sun Country Airlines Holdings, Inc, an air carrier company, operates scheduled passenger, air cargo, charter air transportation, and related services in the United States, Latin America, and internationally. It operates through two segments, Passenger and Cargo. The company also provides crew, maintenance, and insurance services through ad hoc, repeat, short-term, and long-term service contracts; and loyalty program rewards.

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