Insider Selling: Sun Country Airlines (NASDAQ:SNCY) CEO Sells 2,139 Shares of Stock

Key Points

• Jude Bricker, CEO of Sun Country Airlines, sold 2,139 shares of stock at an average price of $11.69, totaling approximately $25,004.91, resulting in a 1.70% decrease in his ownership.
• The company's stock is currently valued at approximately $11.56, with a market capitalization of $616.38 million, and has a P/E ratio of 10.72.
• An analyst downgrade from "strong-buy" to "buy" and varying price target adjustments highlight fluctuating market sentiment, with a consensus rating of "Moderate Buy" for the stock.

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Get Free Report) CEO Jude Bricker sold 2,139 shares of Sun Country Airlines stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $11.69, for a total transaction of $25,004.91. Following the completion of the sale, the chief executive officer owned 123,347 shares in the company, valued at approximately $1,441,926.43. This represents a 1.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Sun Country Airlines Price Performance

NASDAQ SNCY traded down $0.34 during trading on Monday, hitting $11.56. 903,319 shares of the stock traded hands, compared to its average volume of 1,163,319. The company has a market capitalization of $616.38 million, a P/E ratio of 10.72, a price-to-earnings-growth ratio of 0.28 and a beta of 1.59. Sun Country Airlines Holdings, Inc. has a 12-month low of $8.10 and a 12-month high of $18.59. The firm has a 50-day simple moving average of $12.28 and a 200-day simple moving average of $11.74. 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 posted its earnings results on Thursday, July 31st. The company reported $0.14 earnings per share for the quarter, beating analysts' consensus estimates of $0.13 by $0.01. Sun Country Airlines had a net margin of 5.35% and a return on equity of 10.53%. The firm had revenue of $263.62 million during the quarter, compared to analyst estimates of $256.04 million. During the same period last year, the firm posted $0.06 earnings per share. Sun Country Airlines's revenue for the quarter was up 3.6% compared to the same quarter last year. Sun Country Airlines has set its Q3 2025 guidance at EPS. As a group, analysts predict that Sun Country Airlines Holdings, Inc. will post 1.92 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Wall Street Zen downgraded shares of Sun Country Airlines from a "strong-buy" rating to a "buy" rating in a research note on Friday. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Sun Country Airlines in a research note on Saturday, September 27th. Susquehanna lifted their price objective on shares of Sun Country Airlines from $11.00 to $13.00 and gave the company a "neutral" rating in a report on Friday. Morgan Stanley lowered their price target on Sun Country Airlines from $21.00 to $20.00 and set an "overweight" rating for the company in a report on Monday, August 4th. Finally, JPMorgan Chase & Co. raised their price objective on Sun Country Airlines from $18.00 to $23.00 and gave the stock an "overweight" rating in a report on Friday, September 12th. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Sun Country Airlines currently has a consensus rating of "Moderate Buy" and a consensus target price of $18.13.

Hedge Funds Weigh In On Sun Country Airlines

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Voya Investment Management LLC lifted its position in Sun Country Airlines by 5,842.4% during the first quarter. Voya Investment Management LLC now owns 1,409,892 shares of the company's stock valued at $17,370,000 after purchasing an additional 1,386,166 shares during the period. Frontier Capital Management Co. LLC raised its holdings in Sun Country Airlines by 53.3% in the 2nd quarter. Frontier Capital Management Co. LLC now owns 3,533,617 shares of the company's stock worth $41,520,000 after purchasing an additional 1,228,721 shares during the period. Bank of New York Mellon Corp grew its holdings in Sun Country Airlines by 230.2% in the first quarter. Bank of New York Mellon Corp now owns 922,128 shares of the company's stock valued at $11,361,000 after purchasing an additional 642,902 shares during the period. Apollo Management Holdings L.P. purchased a new position in shares of Sun Country Airlines during the 2nd quarter valued at approximately $6,821,000. Finally, Arrowstreet Capital Limited Partnership grew its stake in Sun Country Airlines by 91.1% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,217,131 shares of the company's stock valued at $14,301,000 after acquiring an additional 580,062 shares during the period.

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.

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