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 the business’s stock in a transaction dated Wednesday, January 22nd. The shares were sold at an average price of $17.13, for a total value of $102,780.00. Following the completion of the sale, the vice president now owns 11,618 shares in the company, valued at $199,016.34. This represents a 34.06 % decrease in their ownership of the stock. The sale 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 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 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 shares were sold at an average price of $15.61, for a total transaction of $624,400.00.

Sun Country Airlines Trading Up 0.6 %

Shares of Sun Country Airlines stock opened at $16.76 on Friday. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.59 and a quick ratio of 0.57. Sun Country Airlines Holdings, Inc. has a 1 year low of $9.22 and a 1 year high of $17.51. The firm has a market cap of $887.27 million, a PE ratio of 20.69, a PEG ratio of 0.37 and a beta of 1.44. The company has a 50 day simple moving average of $15.03 and a two-hundred day simple moving average of $12.88.

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

Hedge Funds Weigh In On Sun Country Airlines

Institutional investors have recently modified their holdings of the company. U S Global Investors Inc. boosted its stake in Sun Country Airlines by 14.2% in the third quarter. U S Global Investors Inc. now owns 2,705,789 shares of the company’s stock worth $30,332,000 after buying an additional 336,086 shares in the last quarter. Pacer Advisors Inc. purchased a new stake in shares of Sun Country Airlines in the 4th quarter valued at $30,841,000. State Street Corp grew its holdings in shares of Sun Country Airlines by 3.3% during the 3rd 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 during the last quarter. Dimensional Fund Advisors LP raised its position in Sun Country Airlines by 10.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,186,222 shares of the company’s stock worth $14,899,000 after purchasing an additional 112,397 shares during the period. Finally, Dana Investment Advisors Inc. lifted its stake in Sun Country Airlines by 114.5% in the second quarter. Dana Investment Advisors Inc. now owns 808,283 shares of the company’s stock worth $10,152,000 after purchasing an additional 431,515 shares during the last quarter.

Analysts Set New Price Targets

Several brokerages have recently weighed in on SNCY. Susquehanna lifted their price target 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. Barclays upped their price target on Sun Country Airlines from $20.00 to $24.00 and gave the company an “overweight” rating in a research report on Thursday, November 14th. 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 raised shares of Sun Country Airlines from a “peer perform” rating to an “outperform” rating and set a $14.00 target price on the stock in a report on Tuesday, October 8th. Finally, JPMorgan Chase & Co. started coverage on shares of Sun Country Airlines in a report on Wednesday. They issued an “overweight” rating and a $23.00 price target for the company. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $19.29.

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.