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Sun Country Airlines Holdings , Inc. (NASDAQ:SNCY) Chief Revenue Officer & SVP, Whitney Grant, sold a total of 1,287 shares of common stock in two separate transactions. The sales occurred at prices ranging from $11.7529 to $12.21 per share.
On July 1, 2025, Grant sold 394 shares at a price of $11.7529, for a total value of $4,630. The following day, July 2, 2025, Grant sold an additional 893 shares at $12.21, for a total value of $10,903.
Following these transactions, Grant directly owns 26,799 shares of Sun Country Airlines Holdings, Inc.
The sale of 394 shares was to cover tax withholding obligations related to the vesting of restricted stock units and does not represent a discretionary trade by the reporting person. The other sale of 893 shares was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 4, 2024. The company maintains a "GOOD" overall financial health score according to InvestingPro analysis.
In other recent news, Sun Country Airlines Holdings Inc. reported its financial results for the first quarter of 2025, exceeding analysts’ expectations with an earnings per share (EPS) of $0.72, compared to the forecast of $0.7108. The company’s total revenue for the quarter reached $326.6 million, which, although slightly below the anticipated $330.02 million, marked a 4.9% increase year-over-year. Sun Country Airlines also announced an expansion of its cargo fleet and a new credit card partnership, indicating strategic growth initiatives. Additionally, the company held its annual meeting, where shareholders reelected three Class I directors and approved executive compensation. The appointment of KPMG LLP as the independent auditor was ratified, reflecting continued confidence in the firm’s role. Furthermore, Sun Country Airlines expects its Q2 2025 revenue to range between $250 million and $260 million, with projected operating margins of 4-7%. Looking ahead, the company anticipates a decline in scheduled service ASMs by 35% for the full year, while forecasting a doubling of cargo revenue by September 2025.
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