Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) VP Sells $624,400.00 in Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) VP John Gyurci sold 40,000 shares of Sun Country Airlines stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $15.61, for a total value of $624,400.00. Following the sale, the vice president now directly owns 12,999 shares of the company’s stock, valued at $202,914.39. This represents a 75.47 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

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

• On Tuesday, October 1st, John Gyurci sold 318 shares of Sun Country Airlines stock. The shares were sold at an average price of $10.90, for a total value of $3,466.20.

Sun Country Airlines Stock Performance

Sun Country Airlines stock opened at $14.90 on Wednesday. The firm has a fifty day simple moving average of $13.75 and a two-hundred day simple moving average of $12.08. The company has a quick ratio of 0.57, a current ratio of 0.59 and a debt-to-equity ratio of 0.96. Sun Country Airlines Holdings, Inc. has a twelve month low of $9.22 and a twelve month high of $16.42. The company has a market capitalization of $788.81 million, a PE ratio of 18.40, a P/E/G ratio of 0.71 and a beta of 1.46.

Sun Country Airlines (NASDAQ:SNCY) last released 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 during the quarter, compared to analyst estimates of $250.30 million. During the same quarter in the previous year, the company posted $0.14 EPS. Sun Country Airlines’s revenue for the quarter was up .2% on a year-over-year basis. Research analysts expect that Sun Country Airlines Holdings, Inc. will post 0.92 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in SNCY. Farther Finance Advisors LLC boosted its position in Sun Country Airlines by 76.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,300 shares of the company’s stock valued at $26,000 after buying an additional 1,000 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in shares of 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 purchasing an additional 1,087 shares during the period. CWM LLC grew its stake in shares of Sun Country Airlines by 1,660.9% in the second quarter. CWM LLC now owns 2,659 shares of the company’s stock worth $33,000 after purchasing an additional 2,508 shares during the last quarter. Public Sector Pension Investment Board increased its holdings in Sun Country Airlines by 3.1% during the 2nd quarter. Public Sector Pension Investment Board now owns 83,395 shares of the company’s stock valued at $1,047,000 after purchasing an additional 2,512 shares during the period. Finally, Innealta Capital LLC bought a new position in Sun Country Airlines during the 2nd quarter valued at approximately $40,000.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on SNCY shares. The Goldman Sachs Group restated a “neutral” rating and issued a $17.00 price objective on shares of Sun Country Airlines in a research report on Friday, November 15th. Wolfe Research upgraded shares of Sun Country Airlines from a “peer perform” rating to an “outperform” rating and set a $14.00 price objective on the stock in a research report on Tuesday, October 8th. Susquehanna upped their target price on shares of Sun Country Airlines from $11.00 to $14.00 and gave the stock a “neutral” rating in a research report on Monday, November 4th. Finally, Barclays lifted their price target on Sun Country Airlines from $20.00 to $24.00 and gave the stock an “overweight” rating in a research note on Thursday, November 14th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $18.33.

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.