Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) VP Sells $36,193.50 in Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Get Free Report) VP John Gyurci sold 3,150 shares of the business's stock in a transaction that occurred on 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 sale, the vice president now owns 26,122 shares of the company's stock, valued at approximately $300,141.78. This represents a 10.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through 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 shares were sold at an average price of $11.98, for a total transaction of $3,809.64.

Sun Country Airlines Stock Performance

NASDAQ:SNCY traded up $0.35 during mid-day trading on Monday, reaching $11.26. The stock had a trading volume of 892,230 shares, compared to its average volume of 839,001. Sun Country Airlines Holdings, Inc. has a twelve month low of $8.10 and a twelve month high of $18.59. The business has a 50 day simple moving average of $10.90 and a 200 day simple moving average of $13.58. The firm has a market capitalization of $599.12 million, a price-to-earnings ratio of 11.85, a PEG ratio of 0.42 and a beta of 1.63. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.61 and a current ratio of 0.63.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.70 by $0.02. Sun Country Airlines had a return on equity of 10.23% and a net margin of 4.92%. The business had revenue of $326.65 million during the quarter, compared to analysts' expectations of $329.51 million. During the same period last year, the firm earned $0.66 EPS. The company's quarterly revenue was up 4.8% compared to the same quarter last year. On average, analysts expect that Sun Country Airlines Holdings, Inc. will post 1.92 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. JPMorgan Chase & Co. lowered their price objective on shares of Sun Country Airlines from $23.00 to $20.00 and set an "overweight" rating on the stock in a research report on Monday, May 5th. Susquehanna boosted their price target on Sun Country Airlines from $11.00 to $12.00 and gave the company a "neutral" rating in a research report on Monday, May 5th. TD Cowen upped their price objective on Sun Country Airlines from $14.00 to $20.00 and gave the company a "buy" rating in a research note on Tuesday, May 6th. Finally, Barclays lowered their target price on 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 given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $17.43.

Institutional Investors Weigh In On Sun Country Airlines

A number of hedge funds and other institutional investors have recently bought and sold shares of SNCY. Canada Pension Plan Investment Board purchased a new position in shares of Sun Country Airlines in the 4th quarter valued at about $60,000. BNP Paribas Financial Markets purchased a new position in Sun Country Airlines in the fourth quarter valued at about $74,000. Aquatic Capital Management LLC acquired a new stake in shares of Sun Country Airlines during the 4th quarter valued at approximately $102,000. Acadian Asset Management LLC purchased a new stake in shares of Sun Country Airlines during the 1st quarter worth approximately $88,000. Finally, Quarry LP boosted its stake in shares of Sun Country Airlines by 355.0% during the 4th quarter. Quarry LP now owns 7,894 shares of the company's stock worth $115,000 after acquiring an additional 6,159 shares in the last quarter.

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.

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