Insider Selling: Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) VP Sells 1,008 Shares of Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Get Free Report) VP John Gyurci sold 1,008 shares of the company's stock in a transaction on Friday, January 10th. The shares were sold at an average price of $15.90, for a total value of $16,027.20. Following the sale, the vice president now owns 11,618 shares of the company's stock, valued at approximately $184,726.20. This trade represents a 7.98 % decrease in their position. The transaction 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 shares were 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 Stock Up 1.3 %

Shares of SNCY traded up $0.20 during midday trading on Tuesday, reaching $16.00. 1,256,587 shares of the stock were exchanged, compared to its average volume of 718,120. 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 company's 50 day moving average is $14.86 and its two-hundred day moving average is $12.66. The company has a market capitalization of $847.04 million, a P/E ratio of 19.75, a PEG ratio of 0.71 and a beta of 1.44. Sun Country Airlines Holdings, Inc. has a 52 week low of $9.22 and a 52 week high of $16.46.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last issued its 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. Sun Country Airlines had a net margin of 4.25% and a return on equity of 9.00%. The company had revenue of $249.50 million for the quarter, compared to analysts' expectations of $250.30 million. During the same period in the prior year, the business earned $0.14 EPS. The firm's quarterly revenue was up .2% on a year-over-year basis. On average, sell-side analysts anticipate that Sun Country Airlines Holdings, Inc. will post 0.92 earnings per share for the current year.

Hedge Funds Weigh In On Sun Country Airlines

A number of large investors have recently bought and sold shares of SNCY. Farther Finance Advisors LLC grew its position in shares of Sun Country Airlines by 76.9% in the 3rd 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. The Manufacturers Life Insurance Company lifted its position in Sun Country Airlines by 7.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 14,971 shares of the company's stock worth $188,000 after acquiring an additional 1,087 shares during the period. Public Sector Pension Investment Board increased its holdings in shares of Sun Country Airlines by 3.1% in the second quarter. Public Sector Pension Investment Board now owns 83,395 shares of the company's stock valued at $1,047,000 after purchasing an additional 2,512 shares during the period. Creative Planning raised its stake in shares of Sun Country Airlines by 36.0% in the third quarter. Creative Planning now owns 18,734 shares of the company's stock worth $210,000 after purchasing an additional 4,954 shares during the last quarter. Finally, Franklin Resources Inc. raised 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 last quarter.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on SNCY. Barclays lifted their price objective 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. Susquehanna lifted 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. The Goldman Sachs Group reissued a "neutral" rating and issued a $17.00 price objective on shares of Sun Country Airlines in a research note on Friday, November 15th. Finally, Wolfe Research raised Sun Country Airlines from a "peer perform" rating to an "outperform" rating and set a $14.00 price target on the stock in a report on Tuesday, October 8th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $18.67.

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.

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