Stock Analysis

Sun Country Airlines Holdings CEO & Director Jude Bricker Sells 31% Of Holding

NasdaqGS:SNCY
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Some Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) shareholders may be a little concerned to see that the CEO & Director, Jude Bricker, recently sold a substantial US$578k worth of stock at a price of US$15.29 per share. That's a big disposal, and it decreased their holding size by 31%, which is notable but not too bad.

See our latest analysis for Sun Country Airlines Holdings

Sun Country Airlines Holdings Insider Transactions Over The Last Year

Notably, that recent sale by Jude Bricker is the biggest insider sale of Sun Country Airlines Holdings shares that we've seen in the last year. That means that an insider was selling shares at around the current price of US$15.17. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

Sun Country Airlines Holdings insiders didn't buy any shares over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volume
NasdaqGS:SNCY Insider Trading Volume November 9th 2024

If you are like me, then you will not want to miss this free list of small cap stocks that are not only being bought by insiders but also have attractive valuations.

Insider Ownership Of Sun Country Airlines Holdings

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Insiders own 0.7% of Sun Country Airlines Holdings shares, worth about US$5.8m, according to our data. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

What Might The Insider Transactions At Sun Country Airlines Holdings Tell Us?

Insiders sold Sun Country Airlines Holdings shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. Insiders own relatively few shares in the company, and when you consider the sales, we're not particularly excited about the stock. So we'd only buy after very careful consideration. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. You'd be interested to know, that we found 2 warning signs for Sun Country Airlines Holdings and we suggest you have a look.

Of course Sun Country Airlines Holdings may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.