Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) VP Sells $16,027.20 in Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) VP John Gyurci sold 1,008 shares of the firm’s stock in a transaction on Friday, January 10th. The stock was sold at an average price of $15.90, for a total transaction of $16,027.20. Following the transaction, the vice president now directly owns 11,618 shares in the company, valued at $184,726.20. The trade was a 7.98 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• 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 stock was sold at an average price of $15.61, for a total transaction of $624,400.00.

Sun Country Airlines Stock Performance

SNCY opened at $15.98 on Friday. Sun Country Airlines Holdings, Inc. has a 1-year low of $9.22 and a 1-year high of $16.46. The company has a market capitalization of $845.98 million, a price-to-earnings ratio of 19.73, a price-to-earnings-growth ratio of 0.36 and a beta of 1.44. The business has a 50 day moving average price of $14.87 and a two-hundred day moving average price of $12.68. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.59 and a quick ratio of 0.57.

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

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on SNCY shares. 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 upped their price objective 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. Wolfe Research raised 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 report on Tuesday, October 8th. Finally, Susquehanna raised their price target on shares of Sun Country Airlines from $14.00 to $16.00 and gave the company a “neutral” rating in a report on Tuesday, January 7th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $18.67.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Assenagon Asset Management S.A. grew its stake in shares of Sun Country Airlines by 87.8% in the 4th quarter. Assenagon Asset Management S.A. now owns 419,360 shares of the company’s stock valued at $6,114,000 after buying an additional 196,094 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Sun Country Airlines by 695.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 257,101 shares of the company’s stock worth $2,882,000 after acquiring an additional 224,774 shares during the last quarter. Franklin Resources Inc. increased its stake in shares of Sun Country Airlines by 29.3% in the third quarter. Franklin Resources Inc. now owns 25,483 shares of the company’s stock worth $269,000 after purchasing an additional 5,782 shares during the period. Barclays PLC increased its position in Sun Country Airlines by 260.8% in the 3rd quarter. Barclays PLC now owns 117,457 shares of the company’s stock worth $1,316,000 after buying an additional 84,906 shares during the period. Finally, Y Intercept Hong Kong Ltd bought a new position in Sun Country Airlines during the third quarter worth $292,000.

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.