Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) VP Sells $27,081.00 in Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) VP John Gyurci sold 1,593 shares of the business’s stock in a transaction on Friday, January 24th. The shares were sold at an average price of $17.00, for a total transaction of $27,081.00. Following the transaction, the vice president now owns 11,618 shares of the company’s stock, valued at $197,506. This represents a 12.06 % 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 Wednesday, January 22nd, John Gyurci sold 6,000 shares of Sun Country Airlines stock. The stock was sold at an average price of $17.13, for a total value 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 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 1.2 %

Shares of Sun Country Airlines stock opened at $16.96 on Tuesday. The stock has a 50 day moving average of $15.08 and a 200 day moving average of $12.91. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.57 and a current ratio of 0.59. The firm has a market capitalization of $897.86 million, a price-to-earnings ratio of 20.94, a PEG ratio of 0.37 and a beta of 1.44. Sun Country Airlines Holdings, Inc. has a fifty-two week low of $9.22 and a fifty-two week high of $17.51.

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

Analysts Set New Price Targets

A number of research firms have recently commented on SNCY. JPMorgan Chase & Co. began coverage on Sun Country Airlines in a research report on Wednesday, January 22nd. They set an “overweight” rating and a $23.00 target price on the stock. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $17.00 target price on shares of Sun Country Airlines in a research note on Friday, November 15th. 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. Susquehanna upped their price target on shares of Sun Country Airlines from $14.00 to $16.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 7th. Finally, Wolfe Research upgraded Sun Country Airlines from a “peer perform” rating to an “outperform” rating and set a $14.00 price objective on the stock in a report on Tuesday, October 8th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $19.29.

Hedge Funds Weigh In On Sun Country Airlines

Several large investors have recently made changes to their positions in the stock. U S Global Investors Inc. increased its holdings in Sun Country Airlines by 14.2% in the 3rd quarter. U S Global Investors Inc. now owns 2,705,789 shares of the company’s stock valued at $30,332,000 after purchasing an additional 336,086 shares during the last quarter. Pacer Advisors Inc. acquired a new stake in shares of Sun Country Airlines in the fourth quarter valued at $30,841,000. State Street Corp raised its holdings in shares of Sun Country Airlines by 3.3% in the 3rd quarter. State Street Corp now owns 1,580,834 shares of the company’s stock valued at $17,721,000 after buying an additional 51,224 shares during the period. Dimensional Fund Advisors LP lifted its stake in Sun Country Airlines by 10.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,186,222 shares of the company’s stock worth $14,899,000 after acquiring an additional 112,397 shares in the last quarter. Finally, Dana Investment Advisors Inc. grew its position in Sun Country Airlines by 114.5% in the 2nd quarter. Dana Investment Advisors Inc. now owns 808,283 shares of the company’s stock valued at $10,152,000 after acquiring an additional 431,515 shares in the last quarter.

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.