John Gyurci Sells 40,000 Shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) VP John Gyurci sold 40,000 shares of the company’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $15.61, for a total transaction of $624,400.00. Following the sale, the vice president now owns 12,999 shares in the company, valued at $202,914.39. This represents a 75.47 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

• On Tuesday, October 1st, John Gyurci sold 318 shares of Sun Country Airlines stock. The stock was sold at an average price of $10.90, for a total value of $3,466.20.

Sun Country Airlines Price Performance

Sun Country Airlines stock opened at $15.19 on Tuesday. The firm has a 50-day moving average of $13.67 and a two-hundred day moving average of $12.05. 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 1 year low of $9.22 and a 1 year high of $16.42. The stock has a market cap of $804.16 million, a price-to-earnings ratio of 18.75, a price-to-earnings-growth ratio of 0.71 and a beta of 1.46.

Sun Country Airlines (NASDAQ:SNCY) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $0.06 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.06. The company had revenue of $249.50 million for the quarter, compared to analysts’ expectations of $250.30 million. Sun Country Airlines had a return on equity of 9.00% and a net margin of 4.25%. Sun Country Airlines’s revenue was up .2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.14 earnings per share. On average, research analysts forecast that Sun Country Airlines Holdings, Inc. will post 0.92 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have commented on SNCY shares. Barclays lifted their price objective on shares of Sun Country Airlines from $20.00 to $24.00 and gave the stock an “overweight” rating in a research note on Thursday, November 14th. Susquehanna lifted 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. Wolfe Research raised shares of Sun Country Airlines from a “peer perform” rating to an “outperform” rating and set a $14.00 price objective on the stock in a research report on Tuesday, October 8th. Finally, The Goldman Sachs Group restated a “neutral” rating and set a $17.00 target price on shares of Sun Country Airlines in a research report on Friday, November 15th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $18.33.

Hedge Funds Weigh In On Sun Country Airlines

Institutional investors have recently made changes to their positions in the company. Farther Finance Advisors LLC lifted its stake in Sun Country Airlines by 76.9% in the third quarter. Farther Finance Advisors LLC now owns 2,300 shares of the company’s stock worth $26,000 after acquiring an additional 1,000 shares during the period. CWM LLC lifted its position in shares of Sun Country Airlines by 1,660.9% in the 2nd quarter. CWM LLC now owns 2,659 shares of the company’s stock worth $33,000 after purchasing an additional 2,508 shares during the period. Innealta Capital LLC purchased a new position in Sun Country Airlines during the second quarter valued at approximately $40,000. Allspring Global Investments Holdings LLC purchased a new position in Sun Country Airlines during the second quarter valued at approximately $80,000. Finally, US Bancorp DE raised its stake in Sun Country Airlines by 4,522.7% in the third quarter. US Bancorp DE now owns 8,367 shares of the company’s stock worth $94,000 after buying an additional 8,186 shares in the last quarter.

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.