Sun Country Airlines (NASDAQ:SNCY – Get Free Report)‘s stock had its “neutral” rating reaffirmed by research analysts at JPMorgan Chase & Co. in a research report issued on Tuesday, Marketbeat.com reports. They currently have a $19.00 price target on the stock, down from their previous price target of $22.00. JPMorgan Chase & Co.‘s target price points to a potential upside of 10.59% from the company’s previous close.
SNCY has been the topic of several other research reports. Zacks Research upgraded shares of Sun Country Airlines from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th. TD Cowen raised their target price 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. Wall Street Zen cut Sun Country Airlines from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. Evercore ISI increased their price target on Sun Country Airlines from $19.00 to $20.00 and gave the stock an “outperform” rating in a research report on Monday, September 29th. Finally, Cantor Fitzgerald set a $21.00 price objective on Sun Country Airlines in a research report on Monday, November 3rd. Six research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $19.63.
Check Out Our Latest Research Report on SNCY
Sun Country Airlines Trading Up 0.7%
Insiders Place Their Bets
In other Sun Country Airlines news, SVP Stephen Andrew Coley sold 2,052 shares of the company’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $15.09, for a total value of $30,964.68. Following the completion of the sale, the senior vice president directly owned 45,040 shares in the company, valued at $679,653.60. This represents a 4.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Erin Rose Neale sold 2,257 shares of Sun Country Airlines stock in a transaction on Monday, January 12th. The stock was sold at an average price of $17.53, for a total value of $39,565.21. Following the transaction, the senior vice president owned 38,931 shares in the company, valued at approximately $682,460.43. This represents a 5.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 20,626 shares of company stock valued at $329,766. Insiders own 5.00% of the company’s stock.
Hedge Funds Weigh In On Sun Country Airlines
Several institutional investors and hedge funds have recently bought and sold shares of the company. Baron Wealth Management LLC acquired a new stake in shares of Sun Country Airlines during the 4th quarter worth approximately $189,000. Exchange Traded Concepts LLC grew its position in Sun Country Airlines by 4.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 97,282 shares of the company’s stock worth $1,400,000 after acquiring an additional 4,316 shares during the period. SG Americas Securities LLC purchased a new position in Sun Country Airlines in the fourth quarter worth approximately $297,000. CIBC Bancorp USA Inc. acquired a new stake in Sun Country Airlines during the third quarter worth $259,000. Finally, Hancock Whitney Corp raised its position in Sun Country Airlines by 58.9% in the third quarter. Hancock Whitney Corp now owns 41,844 shares of the company’s stock valued at $494,000 after purchasing an additional 15,507 shares during the period.
Key Sun Country Airlines News
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.
Sun Country Airlines Company Profile
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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