Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) VP Sells $36,193.50 in Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) VP John Gyurci sold 3,150 shares of the business’s stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $11.49, for a total transaction of $36,193.50. Following the completion of the sale, the vice president now owns 26,122 shares in the company, valued at $300,141.78. This represents a 10.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Tuesday, April 1st, John Gyurci sold 318 shares of Sun Country Airlines stock. The stock was sold at an average price of $11.98, for a total transaction of $3,809.64.

Sun Country Airlines Trading Up 3.2%

NASDAQ SNCY traded up $0.35 during trading hours on Monday, hitting $11.26. 892,230 shares of the company’s stock were exchanged, compared to its average volume of 839,001. The business’s 50 day moving average is $10.90 and its 200-day moving average is $13.58. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.61 and a current ratio of 0.63. Sun Country Airlines Holdings, Inc. has a 12-month low of $8.10 and a 12-month high of $18.59. The firm has a market capitalization of $599.12 million, a P/E ratio of 11.85, a price-to-earnings-growth ratio of 0.42 and a beta of 1.63.

Sun Country Airlines (NASDAQ:SNCY) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.02. Sun Country Airlines had a net margin of 4.92% and a return on equity of 10.23%. The business had revenue of $326.65 million for the quarter, compared to analyst estimates of $329.51 million. During the same period in the prior year, the firm posted $0.66 EPS. The company’s revenue was up 4.8% on a year-over-year basis. As a group, analysts anticipate that Sun Country Airlines Holdings, Inc. will post 1.92 EPS for the current fiscal year.

Wall Street Analyst Weigh In

SNCY has been the subject of a number of recent research reports. TD Cowen raised their price objective on shares of Sun Country Airlines from $14.00 to $20.00 and gave the stock a “buy” rating in a research note on Tuesday, May 6th. JPMorgan Chase & Co. reduced their price objective on Sun Country Airlines from $23.00 to $20.00 and set an “overweight” rating on the stock in a research report on Monday, May 5th. Barclays cut their target price on shares of Sun Country Airlines from $24.00 to $18.00 and set an “overweight” rating for the company in a research note on Tuesday, April 8th. Finally, Susquehanna raised their price target on shares of Sun Country Airlines from $11.00 to $12.00 and gave the stock a “neutral” rating in a research note on Monday, May 5th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $17.43.

Hedge Funds Weigh In On Sun Country Airlines

A number of hedge funds have recently made changes to their positions in SNCY. Ameriprise Financial Inc. increased its holdings in shares of Sun Country Airlines by 34.0% during the 4th quarter. Ameriprise Financial Inc. now owns 3,118,136 shares of the company’s stock worth $45,467,000 after buying an additional 791,669 shares during the last quarter. Bank of New York Mellon Corp grew its position in Sun Country Airlines by 230.2% during the first quarter. Bank of New York Mellon Corp now owns 922,128 shares of the company’s stock valued at $11,361,000 after acquiring an additional 642,902 shares during the period. Driehaus Capital Management LLC acquired a new stake in Sun Country Airlines during the fourth quarter worth about $8,868,000. Arrowstreet Capital Limited Partnership purchased a new position in shares of Sun Country Airlines in the 4th quarter worth about $6,898,000. Finally, Vanguard Group Inc. raised its holdings in shares of Sun Country Airlines by 9.5% in the 1st quarter. Vanguard Group Inc. now owns 5,037,727 shares of the company’s stock worth $62,065,000 after purchasing an additional 437,550 shares during the period.

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.