Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) VP John Gyurci Sells 27,482 Shares

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) VP John Gyurci sold 27,482 shares of Sun Country Airlines stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $17.09, for a total value of $469,667.38. Following the completion of the transaction, the vice president now directly owns 11,618 shares in the company, valued at approximately $198,551.62. This represents a 70.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Friday, January 24th, John Gyurci sold 1,593 shares of Sun Country Airlines stock. The stock was sold at an average price of $17.00, for a total transaction of $27,081.00.
• On Wednesday, January 22nd, John Gyurci sold 6,000 shares of Sun Country Airlines stock. The shares were sold at an average price of $17.13, for a total transaction of $102,780.00.
• On Friday, January 10th, John Gyurci sold 1,008 shares of Sun Country Airlines stock. The stock was 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 shares were 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 shares were sold at an average price of $15.61, for a total value of $624,400.00.

Sun Country Airlines Price Performance

Shares of NASDAQ SNCY opened at $16.87 on Thursday. The stock has a market cap of $893.10 million, a price-to-earnings ratio of 20.83, a PEG ratio of 0.37 and a beta of 1.44. 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 Holdings, Inc. has a fifty-two week low of $9.22 and a fifty-two week high of $17.51. The firm’s 50-day simple moving average is $15.19 and its 200 day simple moving average is $12.97.

Sun Country Airlines (NASDAQ:SNCY) last posted its earnings results on Wednesday, October 30th. The company reported $0.06 earnings per share 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 company had revenue of $249.50 million for the quarter, compared to analyst estimates of $250.30 million. During the same quarter last year, the company earned $0.14 earnings per share. The company’s revenue for the quarter was up .2% on a year-over-year basis. As a group, research analysts anticipate that Sun Country Airlines Holdings, Inc. will post 0.93 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

SNCY has been the subject of a number of research analyst reports. Barclays lifted their target price on Sun Country Airlines from $20.00 to $24.00 and gave the stock an “overweight” rating in a report 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 note on Tuesday, October 8th. JPMorgan Chase & Co. began coverage on shares of Sun Country Airlines in a report on Wednesday, January 22nd. They issued an “overweight” rating and a $23.00 price target for the company. The Goldman Sachs Group reiterated a “neutral” rating and set a $17.00 price objective on shares of Sun Country Airlines in a report on Friday, November 15th. Finally, Susquehanna boosted their target price on Sun Country Airlines from $14.00 to $16.00 and gave the company a “neutral” rating in a research report on Tuesday, January 7th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $19.29.

Hedge Funds Weigh In On Sun Country Airlines

Several large investors have recently bought and sold shares of SNCY. State Street Corp lifted its position in shares of Sun Country Airlines by 3.3% during the third quarter. State Street Corp now owns 1,580,834 shares of the company’s stock valued at $17,721,000 after purchasing an additional 51,224 shares in the last quarter. FMR LLC increased its stake in Sun Country Airlines by 19.0% in the 3rd quarter. FMR LLC now owns 717,341 shares of the company’s stock valued at $8,041,000 after buying an additional 114,687 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Sun Country Airlines by 695.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 257,101 shares of the company’s stock worth $2,882,000 after buying an additional 224,774 shares in the last quarter. Assenagon Asset Management S.A. boosted its stake in shares of Sun Country Airlines by 87.8% in the 4th quarter. Assenagon Asset Management S.A. now owns 419,360 shares of the company’s stock worth $6,114,000 after buying an additional 196,094 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of Sun Country Airlines in the third quarter valued at approximately $500,000.

About Sun Country Airlines

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.