Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) CFO Sells $12,161.16 in Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Get Free Report) CFO William Trousdale sold 996 shares of the company's stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of $12.21, for a total transaction of $12,161.16. Following the completion of the sale, the chief financial officer directly owned 26,993 shares in the company, valued at approximately $329,584.53. The trade was a 3.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

William Trousdale also recently made the following trade(s):

• On Tuesday, July 1st, William Trousdale sold 442 shares of Sun Country Airlines stock. The stock was sold at an average price of $11.76, for a total transaction of $5,197.92.

Sun Country Airlines Trading Up 1.1%

Sun Country Airlines stock traded up $0.14 during trading hours on Friday, reaching $12.61. 539,519 shares of the company's stock traded hands, compared to its average volume of 850,693. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.60 and a current ratio of 0.63. Sun Country Airlines Holdings, Inc. has a fifty-two week low of $8.10 and a fifty-two week high of $18.59. The firm has a market capitalization of $670.71 million, a price-to-earnings ratio of 12.99, a PEG ratio of 0.24 and a beta of 1.61. The firm's 50 day moving average is $11.46 and its 200-day moving average is $13.26.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported $0.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.70 by $0.02. Sun Country Airlines had a net margin of 4.96% and a return on equity of 10.28%. The company had revenue of $326.65 million for the quarter, compared to the consensus estimate of $329.51 million. During the same period in the prior year, the company posted $0.66 EPS. The company's revenue was up 4.8% compared to the same quarter last year. On average, analysts predict that Sun Country Airlines Holdings, Inc. will post 1.92 earnings per share for the current year.

Analyst Ratings Changes

SNCY has been the topic of several research reports. JPMorgan Chase & Co. reduced their price target on shares of Sun Country Airlines from $23.00 to $20.00 and set an "overweight" rating on the stock in a research report on Monday, May 5th. Barclays reduced their price target on shares of Sun Country Airlines from $24.00 to $18.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. TD Cowen upped their price target on shares of Sun Country Airlines from $14.00 to $20.00 and gave the stock a "buy" rating in a research report on Tuesday, May 6th. Finally, Susquehanna upped their price target on shares of Sun Country Airlines from $11.00 to $12.00 and gave the stock a "neutral" rating in a research report on Monday, May 5th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, Sun Country Airlines currently has an average rating of "Moderate Buy" and a consensus price target of $16.83.

Institutional Trading of Sun Country Airlines

A number of institutional investors and hedge funds have recently modified their holdings of SNCY. Principal Financial Group Inc. increased its stake in shares of Sun Country Airlines by 3.1% in the 4th quarter. Principal Financial Group Inc. now owns 190,554 shares of the company's stock valued at $2,778,000 after acquiring an additional 5,760 shares during the last quarter. Proficio Capital Partners LLC bought a new stake in shares of Sun Country Airlines in the 4th quarter valued at about $190,000. Versor Investments LP bought a new stake in shares of Sun Country Airlines in the 4th quarter valued at about $185,000. US Bancorp DE increased its stake in shares of Sun Country Airlines by 100.7% in the 4th quarter. US Bancorp DE now owns 16,791 shares of the company's stock valued at $245,000 after acquiring an additional 8,424 shares during the last quarter. Finally, Bailard Inc. bought a new stake in shares of Sun Country Airlines in the 4th quarter valued at about $496,000.

About Sun Country Airlines

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.