Colton Matthew Snow Sells 752 Shares of Sun Country Airlines (NASDAQ:SNCY) Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) SVP Colton Matthew Snow sold 752 shares of Sun Country Airlines stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $17.93, for a total value of $13,483.36. Following the sale, the senior vice president owned 33,175 shares of the company’s stock, valued at approximately $594,827.75. This trade represents a 2.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Colton Matthew Snow also recently made the following trade(s):

• On Monday, January 12th, Colton Matthew Snow sold 759 shares of Sun Country Airlines stock. The stock was sold at an average price of $17.61, for a total transaction of $13,365.99.
• On Tuesday, January 6th, Colton Matthew Snow sold 1,565 shares of Sun Country Airlines stock. The stock was sold at an average price of $15.09, for a total transaction of $23,615.85.
• On Friday, January 2nd, Colton Matthew Snow sold 145 shares of Sun Country Airlines stock. The stock was sold at an average price of $14.37, for a total transaction of $2,083.65.

Sun Country Airlines Stock Up 6.3%

Shares of NASDAQ SNCY opened at $19.34 on Thursday. Sun Country Airlines Holdings, Inc. has a 52-week low of $8.10 and a 52-week high of $19.41. The firm has a market capitalization of $1.02 billion, a price-to-earnings ratio of 18.42, a PEG ratio of 0.41 and a beta of 1.58. The stock has a 50 day moving average price of $15.67 and a 200 day moving average price of $13.35. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.73 and a current ratio of 0.76.

Analyst Upgrades and Downgrades

SNCY has been the subject of a number of research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sun Country Airlines in a research note on Monday, December 29th. Cantor Fitzgerald set a $21.00 price target on shares of Sun Country Airlines in a research report on Monday, November 3rd. Zacks Research lowered shares of Sun Country Airlines from a “hold” rating to a “strong sell” rating in a report on Monday, January 26th. Wall Street Zen downgraded shares of Sun Country Airlines from a “buy” rating to a “hold” rating in a research note on Saturday, October 25th. Finally, TD Cowen cut Sun Country Airlines from a “buy” rating to a “hold” rating and dropped their target price for the company from $21.00 to $18.00 in a research report on Tuesday. Four analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $19.25.

Institutional Investors Weigh In On Sun Country Airlines

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Apollo Management Holdings L.P. purchased a new position in shares of Sun Country Airlines in the 2nd quarter valued at approximately $6,821,000. Jefferies Financial Group Inc. purchased a new stake in Sun Country Airlines during the 2nd quarter worth approximately $776,000. Exchange Traded Concepts LLC acquired a new position in Sun Country Airlines during the 3rd quarter valued at approximately $1,098,000. Y Intercept Hong Kong Ltd purchased a new position in shares of Sun Country Airlines in the third quarter worth $858,000. Finally, U S Global Investors Inc. lifted its stake in shares of Sun Country Airlines by 20.6% during the second quarter. U S Global Investors Inc. now owns 2,076,107 shares of the company’s stock worth $24,394,000 after buying an additional 354,569 shares during the period.

About Sun Country Airlines

Sun Country Airlines (NASDAQ: SNCY) is an American ultra-low-cost carrier providing a blend of scheduled and charter passenger services. The carrier focuses on leisure markets, offering nonstop flights to sun and ski destinations across the United States, Mexico and the Caribbean. In addition to its scheduled network, Sun Country operates charter services for sports teams, corporate groups and tour operators, as well as seasonal cargo charters that support e-commerce peak periods.

Founded in 1982 and headquartered in Minneapolis, Minnesota, Sun Country has navigated multiple ownership and restructuring phases.