Eric Levenhagen Exits Sun Country Airlines Holdings, With 15039 Shares in 2023

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Eric Levenhagen recently sold 15,039 shares of Sun Country Airlines ($NASDAQ:SNCY) Holdings, Inc. (NASDAQ:SNCY) stock, ending his involvement as an Insider of the company. Paul International Airport in Minnesota. In addition to its many domestic routes, the airline offers international flights to destinations throughout North and Central America, including Mexico, Costa Rica, and Jamaica. The airline is known for its quality service and exceptional amenities.

Sun Country also offers a rewards program which allows customers to earn points with each purchase and redeem them for discounts on future flights and other perks. With its focus on customer satisfaction, Sun Country has become one of the most popular airlines in the United States.

Share Price

This comes after their stock opened at $19.5 and closed at $19.8, a 3.1% increase from the previous closing price of 19.2. It is unclear what led to the decision of Levenhagen to leave or what he plans to do now that he has exited Sun Country Airlines. However, the development has definitely created some buzz around the company and its shares. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for SNCY. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for SNCY. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for SNCY. More…

Key Ratios Snapshot

Some of the financial key ratios for SNCY are shown below. More…

Analysis

At GoodWhale, we recently performed an analysis of SUN COUNTRY AIRLINES’s wellbeing. Based on our Star Chart, SUN COUNTRY AIRLINES is strong in asset, medium in dividend, and weak in growth and profitability. This leads us to classify SUN COUNTRY AIRLINES as a ‘rhino’, a type of company we conclude has achieved moderate revenue or earnings growth. Given SUN COUNTRY AIRLINES’s moderate growth and strong asset base, we believe that value investors may find it an attractive investment opportunity. Additionally, even though SUN COUNTRY AIRLINES has an intermediate health score of 6/10 with regard to its cashflows and debt, it may be able to sustain future operations in times of crisis, making it an interesting option for risk averse investors. More…

Peers

The competition among Sun Country Airlines Holdings Inc, VietJet Aviation JSC, Enter Air SA, and El AL Israel Airlines Ltd is fierce. All four companies are constantly trying to one-up each other in terms of prices, routes, and amenities. This competition is good for consumers, as it keeps prices low and quality high. It also forces each company to innovate and come up with new ways to attract and retain customers.

– VietJet Aviation JSC ($HOSE:VJC)

Air Enter SA has a market cap of $368.42 million as of 2022 and a return on equity of -1234.95%. The company is a provider of air transportation services. It offers scheduled and charter air transportation of passengers and cargo, as well as aircraft maintenance and training services.

– Enter Air SA ($LTS:0REF)

As of 2022, EL AL Israel Airlines Ltd had a market capitalization of 191.1 million and a return on equity of 24.45%. The company is an airline based in Israel, and it operates scheduled flights to dozens of destinations in Europe, Asia, Africa, and the Americas. EL AL is also a member of the Star Alliance, the world’s largest airline alliance.

Summary

This created an interesting investing opportunity as the stock price moved up the same day, indicating a potential positive outlook for the company. Investors should consider this brand’s strong relationships with its major customers, its commitment to customer service excellence, and its strong financial position. Additionally, investors should keep an eye on Sun Country’s innovative products, their ability to respond quickly to market changes, and their long-term growth potential.