Insider Selling: Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) VP Sells 27,482 Shares of Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) VP John Gyurci sold 27,482 shares of the business’s stock in a transaction on Monday, January 27th. The stock was sold at an average price of $17.09, for a total transaction of $469,667.38. Following the completion of the transaction, the vice president now directly owns 11,618 shares in the company, valued at $198,551.62. This trade represents a 70.29 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at 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 shares were 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 value 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 value 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 value of $624,400.00.

Sun Country Airlines Trading Up 1.8 %

Shares of SNCY traded up $0.30 during mid-day trading on Wednesday, reaching $16.87. 524,597 shares of the company’s stock traded hands, compared to its average volume of 702,650. Sun Country Airlines Holdings, Inc. has a 12 month low of $9.22 and a 12 month high of $17.51. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.59 and a quick ratio of 0.57. The stock has a market cap of $893.10 million, a P/E ratio of 20.83, a P/E/G ratio of 0.37 and a beta of 1.44. The stock’s 50-day moving average is $15.14 and its two-hundred day moving average is $12.94.

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, hitting analysts’ consensus estimates of $0.06. The business had revenue of $249.50 million for the quarter, compared to analyst estimates of $250.30 million. Sun Country Airlines had a return on equity of 9.00% and a net margin of 4.25%. The business’s revenue was up .2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.14 earnings per share. Research analysts forecast 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

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC grew its stake 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 worth $26,000 after acquiring an additional 1,000 shares in the last quarter. US Bancorp DE grew its stake in Sun Country Airlines by 4,522.7% in the third quarter. US Bancorp DE now owns 8,367 shares of the company’s stock worth $94,000 after purchasing an additional 8,186 shares in the last quarter. Paloma Partners Management Co bought a new position in Sun Country Airlines in the third quarter worth approximately $132,000. Stoneridge Investment Partners LLC bought a new stake in Sun Country Airlines during the 4th quarter valued at $154,000. Finally, SG Americas Securities LLC purchased a new stake in shares of Sun Country Airlines in the 3rd quarter worth $159,000.

Analysts Set New Price Targets

A number of research firms recently issued reports on SNCY. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $17.00 price target on shares of Sun Country Airlines in a research note on Friday, November 15th. 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 report on Thursday, November 14th. JPMorgan Chase & Co. initiated coverage on Sun Country Airlines in a research report on Wednesday, January 22nd. They set an “overweight” rating and a $23.00 price objective on the stock. Susquehanna lifted their target price on Sun Country Airlines from $14.00 to $16.00 and gave the stock a “neutral” rating in a 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 target on the stock in a report on Tuesday, October 8th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, Sun Country Airlines presently has a consensus rating of “Moderate Buy” and an average price target 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.