Jane Street Group LLC Has $773,000 Stock Position in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)

Jane Street Group LLC lowered its holdings in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Free Report) by 80.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 68,996 shares of the company's stock after selling 276,161 shares during the period. Jane Street Group LLC owned about 0.13% of Sun Country Airlines worth $773,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. State Street Corp boosted its stake in shares of Sun Country Airlines by 3.3% during the 3rd quarter. State Street Corp now owns 1,580,834 shares of the company's stock worth $17,721,000 after acquiring an additional 51,224 shares in the last quarter. FMR LLC raised its holdings in Sun Country Airlines by 19.0% during the 3rd quarter. FMR LLC now owns 717,341 shares of the company's stock worth $8,041,000 after buying an additional 114,687 shares during the period. Algert Global LLC lifted its stake in Sun Country Airlines by 207.3% during the second quarter. Algert Global LLC now owns 360,273 shares of the company's stock valued at $4,525,000 after buying an additional 243,028 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of Sun Country Airlines in the third quarter worth about $500,000. Finally, Maverick Capital Ltd. purchased a new position in shares of Sun Country Airlines in the second quarter worth approximately $1,890,000.

Insider Buying and Selling at Sun Country Airlines

In related news, VP John Gyurci sold 40,000 shares of the firm's stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $15.61, for a total value of $624,400.00. Following the completion of the transaction, the vice president now directly owns 12,999 shares of the company's stock, valued at $202,914.39. This trade represents a 75.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO David M. Davis sold 2,115 shares of the business's stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $14.51, for a total transaction of $30,688.65. Following the completion of the sale, the chief financial officer now directly owns 36,158 shares in the company, valued at $524,652.58. This trade represents a 5.53 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 81,670 shares of company stock valued at $1,259,172 in the last ninety days. Company insiders own 4.60% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on SNCY. Susquehanna lifted their price target on Sun Country Airlines from $11.00 to $14.00 and gave the company a "neutral" rating in a report on Monday, November 4th. The Goldman Sachs Group reissued a "neutral" rating and issued a $17.00 price target on shares of Sun Country Airlines in a research report on Friday, November 15th. Wolfe Research upgraded 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 report on Tuesday, October 8th. Finally, 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. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, Sun Country Airlines currently has an average rating of "Moderate Buy" and a consensus price target of $18.33.

Sun Country Airlines Stock Down 1.4 %

NASDAQ:SNCY traded down $0.20 during trading hours on Friday, reaching $14.33. The company's stock had a trading volume of 381,390 shares, compared to its average volume of 407,395. Sun Country Airlines Holdings, Inc. has a one year low of $9.22 and a one year high of $16.34. The business's 50-day moving average is $14.55 and its 200-day moving average is $12.42. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.59 and a quick ratio of 0.57. The company has a market cap of $758.63 million, a price-to-earnings ratio of 17.69, a price-to-earnings-growth ratio of 0.71 and a beta of 1.46.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.06 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 for the quarter, compared to analyst estimates of $250.30 million. During the same quarter in the prior year, the firm posted $0.14 EPS. The firm's revenue for the quarter was up .2% on a year-over-year basis. Equities research analysts predict that Sun Country Airlines Holdings, Inc. will post 0.92 EPS for the current year.

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.