Sun Country Airlines Holdings, Inc. $SNCY Shares Sold by PDT Partners LLC

Key Points

• PDT Partners LLC has reduced its stake in Sun Country Airlines by 39.4%, selling 45,587 shares and now holds a total of 70,215 shares valued at approximately $865,000.
• In the latest earnings report, Sun Country Airlines posted $0.14 earnings per share, exceeding analyst expectations, with revenues of $263.62 million, a 3.6% increase from the previous year.
• Analysts have set varying target prices for Sun Country Airlines shares, with a consensus rating of "Moderate Buy" and a price target of $17.38, reflecting mixed sentiment on the stock's future performance.

PDT Partners LLC lessened its stake in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Free Report) by 39.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 70,215 shares of the company's stock after selling 45,587 shares during the quarter. PDT Partners LLC owned 0.13% of Sun Country Airlines worth $865,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in SNCY. New York State Teachers Retirement System boosted its stake in shares of Sun Country Airlines by 17.2% during the 1st quarter. New York State Teachers Retirement System now owns 16,611 shares of the company's stock worth $205,000 after purchasing an additional 2,443 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of Sun Country Airlines in the first quarter worth approximately $498,000. Burkehill Global Management LP acquired a new stake in shares of Sun Country Airlines in the first quarter worth approximately $1,232,000. American Century Companies Inc. boosted its position in shares of 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 acquiring an additional 285,872 shares during the last quarter. Finally, Northern Trust Corp boosted its position in shares of Sun Country Airlines by 5.9% in the fourth quarter. Northern Trust Corp now owns 385,135 shares of the company's stock worth $5,615,000 after acquiring an additional 21,562 shares during the last quarter.

Analyst Ratings Changes

SNCY has been the topic of several research analyst reports. Wall Street Zen raised shares of Sun Country Airlines from a "buy" rating to a "strong-buy" rating in a research report on Friday. Susquehanna reaffirmed a "neutral" rating and set a $11.00 price target (down from $12.00) on shares of Sun Country Airlines in a research report on Tuesday, August 5th. Evercore ISI reduced their price target on shares of Sun Country Airlines from $20.00 to $19.00 and set an "outperform" rating on the stock in a research report on Monday, August 4th. Finally, Morgan Stanley reduced their price target on shares of Sun Country Airlines from $21.00 to $20.00 and set an "overweight" rating on the stock in a research report on Monday, August 4th. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $17.38.

Sun Country Airlines Stock Down 0.5%

SNCY traded down $0.07 during trading on Tuesday, hitting $12.76. The company had a trading volume of 239,784 shares, compared to its average volume of 963,797. The company has a market cap of $680.36 million, a PE ratio of 12.03, a P/E/G ratio of 0.31 and a beta of 1.62. The business has a 50-day moving average of $12.30 and a 200-day moving average of $12.01. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.63 and a quick ratio of 0.59. 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 posted its quarterly earnings results 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 firm had revenue of $263.62 million for the quarter, compared to analysts' expectations of $256.04 million. Sun Country Airlines had a net margin of 5.35% and a return on equity of 10.53%. The firm's quarterly revenue was up 3.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.06 earnings per share. Sun Country Airlines has set its Q3 2025 guidance at EPS. As a group, analysts forecast that Sun Country Airlines Holdings, Inc. will post 1.92 earnings per share for the current year.

Insider Transactions at Sun Country Airlines

In related news, VP John Gyurci sold 3,150 shares of the stock in a transaction dated Thursday, June 12th. The shares were sold at an average price of $11.49, for a total value of $36,193.50. Following the completion of the transaction, the vice president owned 26,122 shares in the company, valued at $300,141.78. This represents a 10.76% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In the last three months, insiders have sold 10,076 shares of company stock valued at $119,750. Corporate insiders own 4.60% 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.