Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Sun Country Airlines Holdings Inc shares valued at $9,083 were sold by Whitney Grant on Oct 02 ’24. At $10.31 per share, Whitney Grant sold 881 shares. The insider’s holdings dropped to 23,781 shares worth approximately $0.27 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Whitney Grant sold 406 shares, netting a total of over 4,426 in proceeds. Following the sale of shares at $10.90 each, the insider now holds 24,662 shares.
Before that, Neale Erin Rose had sold 807 shares from its account. In a trade valued at $8,746, the SVP, GC, and Secretary traded Sun Country Airlines Holdings Inc shares for $10.84 each. Upon closing the transaction, the insider’s holdings decreased to 807 shares, worth approximately $0.37 million.
As published in a research note from Wolfe Research on October 08, 2024, Sun Country Airlines Holdings Inc [SNCY] has been rated up from a Peer perform to an Outperform and the price target has been revised to $14. Analysts at TD Cowen resumed the stock at ‘”a Buy”‘ outlook in a report released in early May. As of February 26, 2024, Morgan Stanley has increased its “an Equal-weight” rating to a “an Overweight” for SNCY. Earlier on January 10, 2024, Susquehanna downgraded its rating. Their new recommendation was “a Neutral” for SNCY stock which previously was a “a Positive”.
Analyzing SNCY Stock Performance
During the last five days, there has been a surge of approximately 13.18%. Over the course of the year, Sun Country Airlines Holdings Inc shares have dropped approximately -26.83%. Shares of the company reached a 52-week high of $16.34 on 02/28/24 and a 52-week low of $9.22 on 05/29/24. A 50-day SMA is recorded $10.57, while a 200-day SMA reached $12.51. Nevertheless, trading volume fell to 1.66 million shares from 0.59 million shares the previous day.
Support And Resistance Levels for Sun Country Airlines Holdings Inc (SNCY)
According to the 24-hour chart, there is a support level at 10.90, which, if violated, would cause prices to drop to 10.28. In the upper region, resistance lies at 11.83. The next price resistance is at 12.14. RSI (Relative Strength Index) is 59.73 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.31, which suggests the price will decrease in the coming days. Percent R is at 4.34%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
