Insider Selling: Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) VP Sells 3,150 Shares of Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) VP John Gyurci sold 3,150 shares of Sun Country Airlines stock in a transaction on Thursday, June 12th. The stock was sold at an average price of $11.49, for a total transaction of $36,193.50. Following the sale, the vice president now directly owns 26,122 shares of the company’s stock, valued at approximately $300,141.78. This trade represents a 10.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

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

• On Tuesday, April 1st, John Gyurci sold 318 shares of Sun Country Airlines stock. The stock was sold at an average price of $11.98, for a total transaction of $3,809.64.

Sun Country Airlines Trading Up 3.2%

NASDAQ SNCY opened at $11.26 on Tuesday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.61 and a current ratio of 0.63. The firm has a market cap of $599.12 million, a PE ratio of 11.85, a P/E/G ratio of 0.42 and a beta of 1.63. Sun Country Airlines Holdings, Inc. has a one year low of $8.10 and a one year high of $18.59. The firm’s fifty day moving average is $10.94 and its two-hundred day moving average is $13.56.

Sun Country Airlines (NASDAQ:SNCY) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.70 by $0.02. The company had revenue of $326.65 million for the quarter, compared to analyst estimates of $329.51 million. Sun Country Airlines had a net margin of 4.92% and a return on equity of 10.23%. Sun Country Airlines’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.66 earnings per share. Analysts expect that Sun Country Airlines Holdings, Inc. will post 1.92 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of SNCY. Ameriprise Financial Inc. increased its stake in Sun Country Airlines by 34.0% in the fourth quarter. Ameriprise Financial Inc. now owns 3,118,136 shares of the company’s stock valued at $45,467,000 after purchasing an additional 791,669 shares during the period. Bank of New York Mellon Corp increased its stake in shares of Sun Country Airlines by 230.2% during the first quarter. Bank of New York Mellon Corp now owns 922,128 shares of the company’s stock worth $11,361,000 after acquiring an additional 642,902 shares during the period. Driehaus Capital Management LLC acquired a new position in shares of Sun Country Airlines during the fourth quarter worth about $8,868,000. Arrowstreet Capital Limited Partnership acquired a new position in shares of Sun Country Airlines during the fourth quarter worth about $6,898,000. Finally, Vanguard Group Inc. increased its stake in shares of Sun Country Airlines by 9.5% during the first quarter. Vanguard Group Inc. now owns 5,037,727 shares of the company’s stock worth $62,065,000 after acquiring an additional 437,550 shares during the period.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on SNCY shares. Susquehanna lifted their price target on shares of Sun Country Airlines from $11.00 to $12.00 and gave the stock a “neutral” rating in a research note on Monday, May 5th. JPMorgan Chase & Co. cut their price target on shares of Sun Country Airlines from $23.00 to $20.00 and set an “overweight” rating on the stock in a research note on Monday, May 5th. TD Cowen lifted their price target on shares of Sun Country Airlines from $14.00 to $20.00 and gave the stock a “buy” rating in a research note on Tuesday, May 6th. Finally, Barclays cut their price target on shares of Sun Country Airlines from $24.00 to $18.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 8th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, Sun Country Airlines currently has an average rating of “Moderate Buy” and an average price target of $17.43.

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.