Dynamic Technology Lab Private Ltd Buys Shares of 44,646 Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)

Dynamic Technology Lab Private Ltd purchased a new position in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 44,646 shares of the company's stock, valued at approximately $500,000. Dynamic Technology Lab Private Ltd owned about 0.08% of Sun Country Airlines as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of SNCY. Farther Finance Advisors LLC boosted its holdings 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 valued at $26,000 after purchasing an additional 1,000 shares during the period. CWM LLC increased its stake in Sun Country Airlines by 1,660.9% during the second quarter. CWM LLC now owns 2,659 shares of the company's stock valued at $33,000 after acquiring an additional 2,508 shares during the period. Innealta Capital LLC acquired a new position in Sun Country Airlines in the 2nd quarter valued at approximately $40,000. DekaBank Deutsche Girozentrale acquired a new position in Sun Country Airlines in the 1st quarter valued at approximately $66,000. Finally, Allspring Global Investments Holdings LLC bought a new stake in shares of Sun Country Airlines in the 2nd quarter worth approximately $80,000.

Sun Country Airlines Price Performance

Shares of NASDAQ:SNCY traded down $0.03 during trading on Friday, reaching $14.39. The stock had a trading volume of 248,281 shares, compared to its average volume of 670,548. The stock has a market capitalization of $761.81 million, a PE ratio of 17.77, a P/E/G ratio of 0.66 and a beta of 1.48. 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 Holdings, Inc. has a 52 week low of $9.22 and a 52 week high of $17.56. The business's 50-day moving average price is $12.79 and its 200 day moving average price is $11.69.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.06 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.06. The firm had revenue of $249.50 million during the quarter, compared to the consensus estimate 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 for the quarter was up .2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.14 EPS. As a group, equities analysts predict that Sun Country Airlines Holdings, Inc. will post 0.98 earnings per share for the current year.

Analyst Ratings Changes

SNCY has been the subject of several research reports. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $17.00 target price on shares of Sun Country Airlines in a research report on Friday, November 15th. Barclays lifted their target price on shares of Sun Country Airlines from $20.00 to $24.00 and gave the company an "overweight" rating in a research report on Thursday, November 14th. Wolfe Research raised shares of Sun Country Airlines from a "peer perform" rating to an "outperform" rating and set a $14.00 price target for the company in a research report on Tuesday, October 8th. Finally, Susquehanna raised their price target on shares of Sun Country Airlines from $11.00 to $14.00 and gave the stock a "neutral" rating in a research note on Monday, November 4th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Sun Country Airlines has a consensus rating of "Moderate Buy" and a consensus target price of $18.33.

Insider Buying and Selling

In other news, CFO David M. Davis sold 2,115 shares of Sun Country Airlines stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $14.51, for a total value of $30,688.65. Following the completion of the sale, the chief financial officer now directly owns 36,158 shares of the company's stock, valued at approximately $524,652.58. This trade represents a 5.53 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP John Gyurci sold 3,000 shares of the business's stock in a transaction on Friday, September 6th. The stock was sold at an average price of $11.30, for a total value of $33,900.00. Following the sale, the vice president now owns 14,407 shares of the company's stock, valued at approximately $162,799.10. The trade was a 17.23 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 47,720 shares of company stock worth $694,763 in the last 90 days. Corporate insiders own 4.60% of the company's stock.

Sun Country Airlines Company Profile

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.