Sun Country Airlines Holdings, Inc. $SNCY Shares Bought by Cwm LLC

Cwm LLC grew its stake in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Free Report) by 1,439.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,063 shares of the company's stock after acquiring an additional 27,175 shares during the period. Cwm LLC owned about 0.05% of Sun Country Airlines worth $341,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in Sun Country Airlines by 9.5% during the 1st quarter. Vanguard Group Inc. now owns 5,037,727 shares of the company's stock worth $62,065,000 after acquiring an additional 437,550 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in Sun Country Airlines by 0.6% during the 1st quarter. Ameriprise Financial Inc. now owns 3,135,573 shares of the company's stock worth $38,620,000 after acquiring an additional 17,437 shares in the last quarter. U S Global Investors Inc. grew its holdings in Sun Country Airlines by 20.6% during the 2nd quarter. U S Global Investors Inc. now owns 2,076,107 shares of the company's stock worth $24,394,000 after acquiring an additional 354,569 shares in the last quarter. American Century Companies Inc. grew its holdings in Sun Country Airlines by 20.5% during the 1st quarter. American Century Companies Inc. now owns 1,681,820 shares of the company's stock worth $20,720,000 after acquiring an additional 285,872 shares in the last quarter. Finally, Voya Investment Management LLC grew its holdings in Sun Country Airlines by 5,842.4% during the 1st quarter. Voya Investment Management LLC now owns 1,409,892 shares of the company's stock worth $17,370,000 after acquiring an additional 1,386,166 shares in the last quarter.

Insider Transactions at Sun Country Airlines

In other Sun Country Airlines news, VP John Gyurci sold 5,000 shares of the business's stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $13.18, for a total transaction of $65,900.00. Following the sale, the vice president directly owned 25,109 shares in the company, valued at approximately $330,936.62. The trade was a 16.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jude Bricker sold 2,139 shares of the business's stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $11.69, for a total transaction of $25,004.91. Following the sale, the chief executive officer owned 123,347 shares in the company, valued at $1,441,926.43. This trade represents a 1.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 8,853 shares of company stock worth $112,101 over the last 90 days. 5.00% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on SNCY. Morgan Stanley decreased their price objective on shares of Sun Country Airlines from $21.00 to $20.00 and set an "overweight" rating for the company in a report on Monday, August 4th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Sun Country Airlines in a report on Wednesday, October 8th. Susquehanna lifted their price target on shares of Sun Country Airlines from $11.00 to $13.00 and gave the company a "neutral" rating in a report on Friday, October 3rd. Wall Street Zen lowered shares of Sun Country Airlines from a "buy" rating to a "hold" rating in a report on Saturday. Finally, JPMorgan Chase & Co. lifted their price target on shares of Sun Country Airlines from $18.00 to $23.00 and gave the company an "overweight" rating in a report on Friday, September 12th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Sun Country Airlines currently has a consensus rating of "Moderate Buy" and a consensus price target of $18.71.

Sun Country Airlines Trading Up 1.1%

Shares of NASDAQ:SNCY opened at $11.51 on Friday. The company has a market cap of $613.71 million, a PE ratio of 10.86, a P/E/G ratio of 0.38 and a beta of 1.59. The company's 50-day moving average price is $12.28 and its 200 day moving average price is $11.69. Sun Country Airlines Holdings, Inc. has a fifty-two week low of $8.10 and a fifty-two week high of $18.59. The company has a quick ratio of 0.59, a current ratio of 0.63 and a debt-to-equity ratio of 0.72.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last released its quarterly earnings results on Wednesday, June 22nd. The company reported ($0.09) EPS for the quarter. Sun Country Airlines had a return on equity of 10.53% and a net margin of 5.35%.The company had revenue of $127.61 million for the quarter. Sell-side analysts anticipate that Sun Country Airlines Holdings, Inc. will post 1.92 earnings per share for the current year.

Sun Country Airlines Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.