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

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) VP John Gyurci sold 6,000 shares of Sun Country Airlines stock in a transaction on Wednesday, January 22nd. The stock was sold at an average price of $17.13, for a total transaction of $102,780.00. Following the completion of the transaction, the vice president now directly owns 11,618 shares in the company, valued at approximately $199,016.34. The trade was a 34.06 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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 shares were 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 value of $624,400.00.

Sun Country Airlines Price Performance

Shares of NASDAQ SNCY opened at $16.76 on Friday. 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 Holdings, Inc. has a fifty-two week low of $9.22 and a fifty-two week high of $17.51. The company has a market capitalization of $887.27 million, a price-to-earnings ratio of 20.69, a P/E/G ratio of 0.37 and a beta of 1.44. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.57 and a current ratio of 0.59.

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

Wall Street Analyst Weigh In

SNCY has been the topic of several research analyst reports. Barclays boosted their target price on Sun Country Airlines from $20.00 to $24.00 and gave the company an “overweight” rating in a research note 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 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 research note on Tuesday, October 8th. Susquehanna increased 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 note on Tuesday, January 7th. Finally, JPMorgan Chase & Co. began coverage on Sun Country Airlines in a research report on Wednesday. They set an “overweight” rating and a $23.00 price objective on the stock. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $19.29.

Institutional Trading of Sun Country Airlines

Several institutional investors have recently bought and sold shares of the company. Farther Finance Advisors LLC raised its holdings in Sun Country Airlines by 76.9% in the third quarter. Farther Finance Advisors LLC now owns 2,300 shares of the company’s stock worth $26,000 after buying an additional 1,000 shares during the last quarter. US Bancorp DE raised its holdings in Sun Country Airlines by 4,522.7% in the 3rd quarter. US Bancorp DE now owns 8,367 shares of the company’s stock worth $94,000 after acquiring an additional 8,186 shares during the last quarter. Paloma Partners Management Co bought a new position in Sun Country Airlines in the 3rd quarter valued at approximately $132,000. SG Americas Securities LLC purchased a new stake in Sun Country Airlines during the 3rd quarter valued at $159,000. Finally, The Manufacturers Life Insurance Company raised its stake in shares of Sun Country Airlines by 7.8% in the second quarter. The Manufacturers Life Insurance Company now owns 14,971 shares of the company’s stock worth $188,000 after purchasing an additional 1,087 shares during 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.