Emerald Advisers LLC Has $7.91 Million Stock Holdings in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)

Emerald Advisers LLC reduced its stake in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Free Report) by 20.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 705,203 shares of the company's stock after selling 177,109 shares during the period. Emerald Advisers LLC owned 1.34% of Sun Country Airlines worth $7,905,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. GSA Capital Partners LLP raised its holdings in shares of Sun Country Airlines by 199.6% during the first quarter. GSA Capital Partners LLP now owns 99,057 shares of the company's stock valued at $1,495,000 after buying an additional 65,991 shares during the last quarter. LSV Asset Management boosted its position in Sun Country Airlines by 32.2% during the 1st quarter. LSV Asset Management now owns 252,458 shares of the company's stock worth $3,810,000 after acquiring an additional 61,558 shares during the period. Quantbot Technologies LP bought a new position in shares of Sun Country Airlines in the first quarter worth $251,000. Empowered Funds LLC increased its holdings in shares of Sun Country Airlines by 111.5% during the first quarter. Empowered Funds LLC now owns 188,011 shares of the company's stock valued at $2,837,000 after purchasing an additional 99,097 shares during the period. Finally, Illinois Municipal Retirement Fund increased its holdings in shares of Sun Country Airlines by 5.2% during the first quarter. Illinois Municipal Retirement Fund now owns 22,841 shares of the company's stock valued at $345,000 after purchasing an additional 1,130 shares during the period.

Insider Transactions at Sun Country Airlines

In related news, VP John Gyurci sold 3,000 shares of Sun Country Airlines stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $11.30, for a total transaction of $33,900.00. Following the completion of the transaction, the vice president now directly owns 14,407 shares of the company's stock, valued at $162,799.10. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last quarter, insiders have sold 7,788 shares of company stock valued at $85,852. 4.60% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. 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 report on Tuesday, October 8th. Susquehanna dropped their price objective on Sun Country Airlines from $13.00 to $11.00 and set a "neutral" rating on the stock in a research note on Friday, August 16th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Sun Country Airlines currently has an average rating of "Moderate Buy" and an average target price of $17.20.

Sun Country Airlines Price Performance

SNCY traded up $1.05 during midday trading on Friday, reaching $15.10. 2,448,388 shares of the company's stock were exchanged, compared to its average volume of 869,446. Sun Country Airlines Holdings, Inc. has a one year low of $9.22 and a one year high of $17.56. The firm has a market capitalization of $799.39 million, a price-to-earnings ratio of 18.64, a price-to-earnings-growth ratio of 0.73 and a beta of 1.48. The business has a 50-day simple moving average of $11.35 and a two-hundred day simple moving average of $11.50. The company has a quick ratio of 0.56, a current ratio of 0.59 and a debt-to-equity ratio of 0.96.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last announced its quarterly earnings results on Wednesday, October 30th. The company reported $0.06 EPS for the quarter, meeting the consensus estimate 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 previous year, the firm earned $0.14 EPS. Sun Country Airlines's quarterly revenue was up .2% on a year-over-year basis. As a group, research analysts predict that Sun Country Airlines Holdings, Inc. will post 0.86 EPS for the current year.

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.