Algert Global LLC Cuts Stake in Sun Country Airlines Holdings, Inc. $SNCY

Key Points

• Algert Global LLC reduced its stake in Sun Country Airlines by **20.5%**, selling **66,500 shares**, resulting in ownership of **258,391 shares** valued at approximately **$3.18 million**.
• Sun Country Airlines' stock opened at **$11.86**, recently trading down **2.8%**, with a market capitalization of **$632.38 million** and a **200-day moving average** of **$12.44**.
• Analysts have mixed ratings on Sun Country Airlines, with **six analysts giving a Buy rating** and a consensus target price of **$17.38**, despite some firms adjusting their price objectives downwards.

Algert Global LLC reduced its holdings in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Free Report) by 20.5% in the first quarter, according to its most recent filing with the SEC. The fund owned 258,391 shares of the company's stock after selling 66,500 shares during the period. Algert Global LLC owned about 0.49% of Sun Country Airlines worth $3,183,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in Sun Country Airlines by 9.5% in the first quarter. Vanguard Group Inc. now owns 5,037,727 shares of the company's stock worth $62,065,000 after purchasing an additional 437,550 shares during the period. 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 worth $45,467,000 after purchasing an additional 791,669 shares during the period. T. Rowe Price Investment Management Inc. increased its stake in Sun Country Airlines by 24.3% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,912,664 shares of the company's stock worth $27,887,000 after purchasing an additional 374,221 shares during the period. American Century Companies Inc. increased its stake in Sun Country Airlines by 20.5% in the first quarter. American Century Companies Inc. now owns 1,681,820 shares of the company's stock worth $20,720,000 after purchasing an additional 285,872 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in Sun Country Airlines by 19.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,639,615 shares of the company's stock worth $23,906,000 after purchasing an additional 264,976 shares during the period.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on SNCY shares. JPMorgan Chase & Co. reduced their target price on 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 company a "buy" rating in a research note on Tuesday, May 6th. Evercore ISI decreased their price target on shares of Sun Country Airlines from $20.00 to $19.00 and set an "outperform" rating for the company in a research note on Monday, August 4th. Morgan Stanley decreased their price target on shares of Sun Country Airlines from $21.00 to $20.00 and set an "overweight" rating for the company in a research note on Monday, August 4th. Finally, Susquehanna reaffirmed a "neutral" rating and set a $11.00 price target (down previously from $12.00) on shares of Sun Country Airlines in a research note on Tuesday, August 5th. Six investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $17.38.

Sun Country Airlines Stock Up 8.7%

SNCY stock traded up $1.01 during trading on Friday, hitting $12.63. 697,335 shares of the company's stock traded hands, compared to its average volume of 1,039,440. The firm has a market capitalization of $673.43 million, a P/E ratio of 11.92, a PEG ratio of 0.30 and a beta of 1.61. The business has a fifty day simple moving average of $11.89 and a two-hundred day simple moving average of $12.36. The company has a quick ratio of 0.59, a current ratio of 0.63 and a debt-to-equity ratio of 0.72. Sun Country Airlines Holdings, Inc. has a 1 year low of $8.10 and a 1 year high of $18.59.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.01. The company had revenue of $263.62 million for the quarter, compared to analyst estimates of $256.04 million. Sun Country Airlines had a net margin of 5.35% and a return on equity of 10.53%. Sun Country Airlines's revenue was up 3.6% compared to the same quarter last year. During the same period last year, the company posted $0.06 earnings per share. Sun Country Airlines has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that Sun Country Airlines Holdings, Inc. will post 1.92 EPS for the current year.

Insider Transactions at Sun Country Airlines

In related news, VP John Gyurci sold 3,150 shares of Sun Country Airlines stock in a transaction that occurred on Thursday, June 12th. The shares were sold at an average price of $11.49, for a total transaction of $36,193.50. Following the transaction, the vice president directly owned 26,122 shares of the company's stock, valued at $300,141.78. This trade represents a 10.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders have sold 9,372 shares of company stock worth $110,365 over the last 90 days. Company insiders own 5.00% of the company's stock.

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.