Jude Bricker Sells 2,193 Shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) CEO Jude Bricker sold 2,193 shares of the business’s stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $10.83, for a total transaction of $23,750.19. Following the sale, the chief executive officer now owns 120,712 shares of the company’s stock, valued at approximately $1,307,310.96. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Sun Country Airlines Price Performance

Shares of Sun Country Airlines stock opened at $10.00 on Friday. The stock has a market cap of $526.11 million, a P/E ratio of 8.20, a P/E/G ratio of 0.60 and a beta of 1.54. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.56 and a current ratio of 0.58. The stock’s fifty day moving average is $10.80 and its 200 day moving average is $11.91. Sun Country Airlines Holdings, Inc. has a one year low of $9.22 and a one year high of $17.56.

Sun Country Airlines (NASDAQ:SNCY) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.05 by $0.01. The firm had revenue of $254.40 million for the quarter, compared to the consensus estimate of $255.59 million. Sun Country Airlines had a return on equity of 10.34% and a net margin of 4.75%. The business’s revenue for the quarter was down 2.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.40 earnings per share. Sell-side analysts anticipate that Sun Country Airlines Holdings, Inc. will post 0.84 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages recently commented on SNCY. Morgan Stanley reaffirmed an “overweight” rating and issued a $21.00 price objective on shares of Sun Country Airlines in a report on Thursday, June 20th. TD Cowen boosted their price target on Sun Country Airlines from $17.00 to $20.00 and gave the company a “buy” rating in a research note on Tuesday, June 25th. Finally, Susquehanna reduced their price target on shares of Sun Country Airlines from $13.00 to $11.00 and set a “neutral” rating for the company in a research report on Friday, August 16th.

Hedge Funds Weigh In On Sun Country Airlines

Several large investors have recently added to or reduced their stakes in the company. CWM LLC raised its position in shares of Sun Country Airlines by 1,660.9% during the 2nd quarter. CWM LLC now owns 2,659 shares of the company’s stock valued at $33,000 after purchasing an additional 2,508 shares during the period. Innealta Capital LLC bought a new stake in Sun Country Airlines during the second quarter valued at about $40,000. DekaBank Deutsche Girozentrale purchased a new position in shares of Sun Country Airlines in the first quarter valued at about $66,000. Allspring Global Investments Holdings LLC bought a new position in shares of Sun Country Airlines in the second quarter worth about $80,000. Finally, Meeder Asset Management Inc. purchased a new stake in shares of Sun Country Airlines during the second quarter worth about $124,000.

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.