SNCY Sun Country Airlines Holdings, Inc. Insider Trading

SCA Horus Holdings sold 6,346,105 shares of SNCY at $15.85 for $100,585,764.25, completely exiting position

SCA Horus Holdings liquidated its entire stake in Sun Country Airlines—6,346,105 shares (6.35M shares)—on 2025-02-11 at $15.85 per share, realizing $100,585,764.25 in proceeds. This represents a 100.0% exit from holdings. At the current price of $16.64, the insider sold 3.8% below the 52-week high but would have forfeited ~$5.0M in value if it held to today; stock has risen 4.0% over the past 30 days and 11.8% over 90 days since the sale. Against his cross-ticker track record, the insider's three prior sells showed an average 90-day return of -0.7% with a 66.67% well-timed rate; at SNCY specifically, two of three prior sells proved well-timed at the 90-day horizon (with negative 90-day returns on the 2024-01-11 and 2023-12-14 sales). The complete liquidation of a six-million-plus share position warrants scrutiny given the stock's subsequent appreciation and the insider's mixed historical timing at this particular ticker.

SNCY President & CFO DAVIS DAVID M sold 59,389 shares at $17.05 on 2025-01-27; fourth consecutive daily sale totaling $1.0M over 4 days

DAVIS DAVID M executed a substantial sale of 59,389 shares at $17.05 on 2025-01-27, reducing his holdings from 91,649 shares to 32,260 shares (a -64.8% reduction). This transaction is part of a concentrated selling pattern: the SAME-TICKER HISTORY shows four separate sales on consecutive trading days (2025-01-21, 2025-01-22, 2025-01-23, and 2025-01-24), with outcomes not yet measurable. The aggregate liquidation across these four days totals $1.0M. The timing occurred as SNCY stock traded near its 52-week high of $16.96 (current price $16.87 is -0.5% from that peak), after a 20.1% gain over 90 days and a 14.4% surge in the prior 30 days. The company shows solid fundamentals with revenue of $249.5M, annual revenue growth of +17.4%, and a P/E of 19.85. While the sequence of daily sales does not yet have measurable post-transaction returns, the concentrated liquidation by an officer holding significant operational responsibility warrants monitoring to understand whether this pattern continues or reverses.

SNCY President & CFO David M Davis sold 62,081 shares for $1,050,391.60 over two days at $16.91–$16.92, reducing holdings by 65.8%.

David M Davis, President & CFO of Sun Country Airlines, executed two separate sales on consecutive days (2025-01-23 and 2025-01-24), disposing of 62,081 shares for $1,050,391.60 at a blended average price of $16.92. The sale represents a 65.8% reduction in his holdings, from 94,341 shares to 32,260 shares post-transaction. The timing coincides with the stock trading near its 52-week high of $16.96, having appreciated 34.8% over the prior 90 days and 13.5% over the prior 30 days. The company shows solid fundamentals with revenue of $249,470,000.00, net income of $2,342,000.00, and annual revenue growth of 17.4%, suggesting the sale is not driven by company distress. His same-ticker transaction history shows only recent sales (2025-01-21, 2025-01-22, 2025-01-27) with outcomes not yet measurable, and his cross-ticker track record includes 3 prior sells, but no prior outcomes have been classified as well-timed at the 90-day horizon.

President & CFO David M Davis sells 107,844 shares for $1,828,992.95 across 2 transactions, reducing holdings by 77.0%

David M Davis, President & CFO of Sun Country Airlines, executed 2 separate sales totaling 107,844 shares for $1,828,992.95 on 2025-01-21 and 2025-01-22 at blended average price of $16.96, reducing his holdings from 140,104 shares to 32,260 shares (a 77.0% reduction). The sales occurred near the stock's 52-week high of $16.90, with the current price at $16.66, suggesting execution near peak valuations. Given the company's solid fundamentals (Revenue $249,470,000.00, Net income $2,342,000.00, +17.4% annual growth, P/E of 19.60), the magnitude of this insider reduction—disposing of more than three-quarters of his holdings—merits investor attention to understand motivation and future capital allocation plans.

COO Mays sells 133,836 shares (66.9% of holdings) at $16.00; stock now at $16.18 vs 52-week high.

Mays Gregory A., Chief Operating Officer & EVP of Sun Country Airlines, sold 133,836 shares on 2025-01-07 at $16.00, reducing his holdings from 200,187 shares to 66,351 shares. The sale occurred at the 52-week high price ($16.18 current vs $16.00 transaction), representing a material reduction of 66.9% of his pre-transaction position. The stock has appreciated 51.9% over 90 days and 2.7% over 30 days, arriving at the top of its annual range. The company maintains modest profitability ($2.3M net income on $249.5M quarterly revenue) with 17.4% annual revenue growth and a P/E of 19.04. The timing and scale of this divestiture—selling two-thirds of a significant executive stake near historical highs after sustained upward momentum—warrants investor attention to whether this reflects executive confidence in current valuation levels or other strategic considerations.

CEO Bricker Jude sold 37,817 shares of SNCY at $15.29; holdings decline 31.3% to 82,895 shares; all 4 prior SNCY sales were well-timed at 90 days.

Bricker Jude sold 37,817 shares of Sun Country Airlines (SNCY) at $15.29 on 2024-11-06, reducing his holdings by 31.3% from 120,712 shares to 82,895 shares. His prior trade history at SNCY is notably consistent: all 4 previous sales (July and June 2023) showed negative 90-day returns ranging from -23.6% to -37.9%, achieving a 100% well-timed rate—suggesting a pattern of selling ahead of downturns. The current stock price of $15.36 is only 0.5% above the transaction price but 11.4% below the 52-week high of $17.33, and the 30-day post-transaction return stands at +45.3%. Against this context, the sale represents a significant reduction in the CEO's equity stake in the company at a price well below recent highs, consistent with his prior disciplined selling pattern at this ticker.

SCA Horus Holdings (10% owner) sold 4,815,000 shares of SNCY at $14.10 on 2024-11-04 for $67,891,500.00, reducing stake 43.1%.

SCA Horus Holdings sold 4,815,000 shares (4.82M shares), representing a 43.1% reduction in its SNCY position from 11,161,105 shares (11.16M shares) to 6,346,105 shares (6.35M shares). The sale occurred at $14.10, approximately 9.4% below the current price of $15.56 and within the 52-week range of $9.29–$17.33. Notably, this 10% owner has demonstrated strong timing on prior SNCY transactions: both prior sells at this ticker (on 2024-01-11 and 2023-12-14) were well-timed at the 90-day mark with negative subsequent returns of -5.2% and -16.8% respectively, suggesting a pattern of selling before declines. The substantial size and 43% stake reduction signal a material shift in the owner's conviction, though the stock has since appreciated +56.7% over 30 days and +50.3% over 90 days—outcomes that extend beyond the transaction date and may reflect broader market or company developments rather than insights available at the time of the sale.