Key Points
- SVP Colton Matthew Snow sold 759 shares of Sun Country on Jan. 12 at an average price of $17.61 for $13,365.99, leaving him with 33,927 shares (a 2.19% reduction, valued at ~ $597,454).
- The sale is part of a cluster of insider dispositions the same week—including the CEO and other senior executives—which raises governance and shareholder-sentiment scrutiny ahead of/around the announced deal.
- The primary catalyst is Allegiant’s proposed acquisition (0.1557 Allegiant shares plus $4.10 cash per SNCY share); analysts are generally positive with a MarketBeat consensus of “Moderate Buy” and a consensus price target of about $19.63.
Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Get Free Report) SVP Colton Matthew Snow sold 759 shares of the business's stock in a transaction on Monday, January 12th. The shares were sold at an average price of $17.61, for a total transaction of $13,365.99. Following the transaction, the senior vice president owned 33,927 shares of the company's stock, valued at $597,454.47. This trade represents a 2.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Colton Matthew Snow also recently made the following trade(s):
- 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 value of $23,615.85.
- On Friday, January 2nd, Colton Matthew Snow sold 145 shares of Sun Country Airlines stock. The shares were sold at an average price of $14.37, for a total value of $2,083.65.
Sun Country Airlines Price Performance
Shares of NASDAQ SNCY opened at $17.18 on Thursday. The stock's 50-day simple moving average is $14.05 and its two-hundred day simple moving average is $12.82. Sun Country Airlines Holdings, Inc. has a twelve month low of $8.10 and a twelve month high of $18.59. The firm has a market capitalization of $905.73 million, a P/E ratio of 16.36, a P/E/G ratio of 0.38 and a beta of 1.57. The company has a quick ratio of 0.73, a current ratio of 0.76 and a debt-to-equity ratio of 0.76.
Analyst Ratings Changes
Several analysts have recently weighed in on the stock. Evercore ISI raised their price objective on shares of Sun Country Airlines from $19.00 to $20.00 and gave the company an "outperform" rating in a research report on Monday, September 29th. Cantor Fitzgerald set a $21.00 price target on Sun Country Airlines in a research report on Monday, November 3rd. Cowen reaffirmed a "buy" rating on shares of Sun Country Airlines in a research note on Monday, November 3rd. TD Cowen increased their price objective on Sun Country Airlines from $15.00 to $21.00 and gave the company a "buy" rating in a research report on Monday, November 3rd. Finally, Susquehanna raised Sun Country Airlines from a "neutral" rating to a "positive" rating and raised their price objective for the company from $12.00 to $20.00 in a report on Friday, January 9th. Six analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $19.63.
Read Our Latest Stock Report on Sun Country Airlines
Institutional Trading of Sun Country Airlines
Institutional investors have recently added to or reduced their stakes in the business. Apollo Management Holdings L.P. purchased a new position in shares of Sun Country Airlines in the second quarter worth about $6,821,000. Jefferies Financial Group Inc. purchased a new stake in Sun Country Airlines during the 2nd quarter valued at about $776,000. Exchange Traded Concepts LLC bought a new position in Sun Country Airlines during the 3rd quarter worth approximately $1,098,000. U S Global Investors Inc. increased its stake in Sun Country Airlines by 20.6% in the 2nd quarter. U S Global Investors Inc. now owns 2,076,107 shares of the company's stock worth $24,394,000 after purchasing an additional 354,569 shares during the period. Finally, Prospera Financial Services Inc bought a new stake in Sun Country Airlines in the second quarter valued at approximately $345,000.
Sun Country Airlines News Summary
Here are the key news stories impacting Sun Country Airlines this week:
- Positive Sentiment: Allegiant announced a deal to acquire Sun Country: shareholders would receive 0.1557 Allegiant shares plus $4.10 cash per SNCY share — the transaction is the primary catalyst for the stock move as it creates a near-term take‑over premium and a defined exit path for holders. Read More.
- Neutral Sentiment: JPMorgan reiterated a "neutral" rating on SNCY with a $19 price target (down from $22), implying modest upside relative to the current trading level and suggesting limited analyst conviction beyond the deal headline. Read More.
- Negative Sentiment: Law firm Kahn Swick & Foti (KSF) launched an investigation into whether the proposed sale process and price are adequate for Sun Country shareholders — this type of inquiry can signal potential litigation that may delay or change deal terms. Read More.
- Negative Sentiment: Ademi LLP issued a shareholder alert investigating whether SNCY is getting a fair price in the Allegiant transaction — another law firm probe that raises the odds of shareholder litigation or demands for improved terms. Read More.
- Negative Sentiment: CEO Jude Bricker sold 5,062 shares at ~$17.55 on Jan. 12, trimming his stake by ~2.9% — insider selling can be perceived negatively by investors watching management confidence, though it may be for personal/liquidity reasons. Read More.
- Negative Sentiment: SVP Erin Rose Neale sold 2,257 shares at ~$17.53 on Jan. 12 (≈5.5% cut to her holding), another insider sale that adds to governance/insider-sentiment scrutiny. Read More.
- Negative Sentiment: SVP Colton Matthew Snow sold 759 shares at ~$17.61 on Jan. 12 (≈2.2% reduction), continuing the cluster of recent insider dispositions. Read More.
- Negative Sentiment: VP Christopher Mangione sold 256 shares at ~$17.54 on Jan. 12 (≈2.3% reduction), part of the same pattern of insider selling ahead of/around the deal announcement. Read More.
About Sun Country Airlines
(
Get Free Report)
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.
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