John Gyurci Sells 6,000 Shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) VP John Gyurci sold 6,000 shares of the stock in a transaction on Wednesday, January 22nd. The shares were sold at an average price of $17.13, for a total value of $102,780.00. Following the sale, the vice president now owns 11,618 shares in the company, valued at approximately $199,016.34. This represents a 34.06 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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 value 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 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 0.6 %

SNCY opened at $16.76 on Friday. The firm has a market cap of $887.27 million, a P/E ratio of 20.69, a P/E/G ratio of 0.37 and a beta of 1.44. 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 current ratio of 0.59, a quick ratio of 0.57 and a debt-to-equity ratio of 0.96. The stock has a 50-day moving average of $15.03 and a 200 day moving average of $12.88.

Sun Country Airlines (NASDAQ:SNCY) last released its quarterly earnings results on Wednesday, October 30th. The company reported $0.06 EPS for the quarter, hitting the consensus estimate of $0.06. The company had revenue of $249.50 million during 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 firm’s revenue was up .2% on a year-over-year basis. During the same quarter last year, the business posted $0.14 earnings per share. As a group, research analysts forecast that Sun Country Airlines Holdings, Inc. will post 0.93 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC boosted its position in shares of Sun Country Airlines by 76.9% during the third 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. US Bancorp DE boosted its position in shares of Sun Country Airlines by 4,522.7% during the third quarter. US Bancorp DE now owns 8,367 shares of the company’s stock valued at $94,000 after buying an additional 8,186 shares during the period. Paloma Partners Management Co purchased a new position in shares of Sun Country Airlines during the third quarter valued at approximately $132,000. SG Americas Securities LLC purchased a new position in shares of Sun Country Airlines during the third quarter valued at approximately $159,000. Finally, The Manufacturers Life Insurance Company boosted its position 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 valued at $188,000 after buying an additional 1,087 shares during the period.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on SNCY shares. 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 research note on Tuesday, October 8th. Barclays lifted their target price 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. JPMorgan Chase & Co. initiated coverage on Sun Country Airlines in a report on Wednesday. They set an “overweight” rating and a $23.00 price target on the stock. Susquehanna raised their price target on Sun Country Airlines from $14.00 to $16.00 and gave the company a “neutral” rating in a report on Tuesday, January 7th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $17.00 target price on shares of Sun Country Airlines in a report on Friday, November 15th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, Sun Country Airlines currently has a consensus 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.