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 Sun Country Airlines stock in a transaction on Wednesday, July 2nd. The stock was sold at an average price of $12.21, for a total value of $12,161.16. Following the transaction, the chief financial officer directly owned 26,993 shares of the company's stock, valued at $329,584.53. This trade represents a 3.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

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

Sun Country Airlines Trading Up 1.1%

Shares of Sun Country Airlines stock traded up $0.14 during mid-day trading on Thursday, hitting $12.61. 539,519 shares of the stock were exchanged, compared to its average volume of 851,013. The stock has a market capitalization of $670.71 million, a price-to-earnings ratio of 12.99, a price-to-earnings-growth ratio of 0.24 and a beta of 1.61. Sun Country Airlines Holdings, Inc. has a twelve month low of $8.10 and a twelve month high of $18.59. The company has a current ratio of 0.63, a quick ratio of 0.60 and a debt-to-equity ratio of 0.77. The company has a 50-day simple moving average of $11.40 and a 200 day simple moving average of $13.29.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $326.65 million for the quarter, compared to the consensus estimate of $329.51 million. During the same quarter in the prior year, the firm posted $0.66 earnings per share. The company's quarterly revenue was up 4.8% compared to the same quarter last year. Research analysts forecast that Sun Country Airlines Holdings, Inc. will post 1.92 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. JPMorgan Chase & Co. cut their target price on shares of Sun Country Airlines from $23.00 to $20.00 and set an "overweight" rating for the company in a research report on Monday, May 5th. TD Cowen lifted their price objective on Sun Country Airlines from $14.00 to $20.00 and gave the stock a "buy" rating in a research report on Tuesday, May 6th. Barclays reduced their target price on Sun Country Airlines from $24.00 to $18.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Finally, Susquehanna raised their price target on 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. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $16.83.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Voya Investment Management LLC grew its position in shares of Sun Country Airlines by 5,842.4% in 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. Ameriprise Financial Inc. boosted its stake in Sun Country Airlines by 34.0% in the 4th quarter. Ameriprise Financial Inc. now owns 3,118,136 shares of the company's stock worth $45,467,000 after buying an additional 791,669 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Sun Country Airlines by 230.2% in the 1st quarter. Bank of New York Mellon Corp now owns 922,128 shares of the company's stock valued at $11,361,000 after buying an additional 642,902 shares during the period. Driehaus Capital Management LLC acquired a new position in shares of Sun Country Airlines during the 4th quarter valued at about $8,868,000. Finally, Arrowstreet Capital Limited Partnership purchased a new position in shares of Sun Country Airlines during the 4th quarter worth about $6,898,000.

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.

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