Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) VP Sells $102,780.00 in Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) VP John Gyurci sold 6,000 shares of Sun Country Airlines stock in a transaction that occurred on Wednesday, January 22nd. The shares were sold at an average price of $17.13, for a total value of $102,780.00. Following the transaction, the vice president now owns 11,618 shares of the company’s stock, valued at approximately $199,016.34. This represents a 34.06 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

John Gyurci also recently made the following trade(s):

• On Friday, January 10th, John Gyurci sold 1,008 shares of Sun Country Airlines stock. The shares were sold at an average price of $15.90, for a total transaction of $16,027.20.
• On Friday, January 3rd, John Gyurci sold 373 shares of Sun Country Airlines stock. The stock was sold at an average price of $14.14, for a total transaction of $5,274.22.
• On Thursday, December 12th, John Gyurci sold 40,000 shares of Sun Country Airlines stock. The stock was sold at an average price of $15.61, for a total transaction of $624,400.00.

Sun Country Airlines Trading Down 1.4 %

Shares of SNCY stock opened at $16.66 on Friday. Sun Country Airlines Holdings, Inc. has a fifty-two week low of $9.22 and a fifty-two week high of $17.51. The firm has a market capitalization of $881.98 million, a P/E ratio of 20.57, a PEG ratio of 0.37 and a beta of 1.44. The stock’s fifty day moving average is $14.99 and its two-hundred day moving average is $12.85. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.57 and a current ratio of 0.59.

Sun Country Airlines (NASDAQ:SNCY) last posted its quarterly earnings results on Wednesday, October 30th. The company reported $0.06 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.06. Sun Country Airlines had a return on equity of 9.00% and a net margin of 4.25%. The business had revenue of $249.50 million during the quarter, compared to analyst estimates of $250.30 million. During the same period in the prior year, the business earned $0.14 earnings per share. The business’s revenue was up .2% compared to the same quarter last year. Research analysts expect that Sun Country Airlines Holdings, Inc. will post 0.93 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Sun Country Airlines

A number of hedge funds have recently modified their holdings of SNCY. Farther Finance Advisors LLC boosted its holdings in Sun Country Airlines by 76.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,300 shares of the company’s stock valued at $26,000 after purchasing an additional 1,000 shares during the last quarter. US Bancorp DE raised its position in shares of Sun Country Airlines by 4,522.7% during the 3rd quarter. US Bancorp DE now owns 8,367 shares of the company’s stock valued at $94,000 after buying an additional 8,186 shares during the period. Paloma Partners Management Co acquired a new position in Sun Country Airlines in the third quarter valued at approximately $132,000. SG Americas Securities LLC purchased a new position in Sun Country Airlines in the third quarter worth approximately $159,000. Finally, The Manufacturers Life Insurance Company increased its stake in Sun Country Airlines by 7.8% during the second quarter. The Manufacturers Life Insurance Company now owns 14,971 shares of the company’s stock worth $188,000 after acquiring an additional 1,087 shares during the last quarter.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. The Goldman Sachs Group restated a “neutral” rating and issued a $17.00 price target on shares of Sun Country Airlines in a research note on Friday, November 15th. Susquehanna upped their target price on Sun Country Airlines from $14.00 to $16.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 7th. Barclays lifted their price target on shares of Sun Country Airlines from $20.00 to $24.00 and gave the company an “overweight” rating in a research note on Thursday, November 14th. Wolfe Research upgraded shares of Sun Country Airlines from a “peer perform” rating to an “outperform” rating and set a $14.00 price objective for the company in a research report on Tuesday, October 8th. Finally, JPMorgan Chase & Co. began coverage on shares of Sun Country Airlines in a research report on Wednesday. They issued an “overweight” rating and a $23.00 target price on the stock. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $19.29.

Sun Country Airlines Company Profile

Sun Country Airlines Holdings, Inc, an air carrier company, operates scheduled passenger, air cargo, charter air transportation, and related services in the United States, Latin America, and internationally. It operates through two segments, Passenger and Cargo. The company also provides crew, maintenance, and insurance services through ad hoc, repeat, short-term, and long-term service contracts; and loyalty program rewards.