Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP reduced its stake in Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) by 42.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 79,196 shares of the company’s stock after selling 58,049 shares during the period. GSA Capital Partners LLP’s holdings in Sun Country Airlines were worth $888,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of SNCY. Farther Finance Advisors LLC raised its stake in shares of Sun Country Airlines by 76.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,300 shares of the company’s stock valued at $26,000 after acquiring an additional 1,000 shares during the period. The Manufacturers Life Insurance Company raised its position in Sun Country Airlines by 7.8% in the second quarter. The Manufacturers Life Insurance Company now owns 14,971 shares of the company’s stock valued at $188,000 after purchasing an additional 1,087 shares during the period. American International Group Inc. lifted its stake in Sun Country Airlines by 11.4% during the first quarter. American International Group Inc. now owns 22,927 shares of the company’s stock worth $346,000 after purchasing an additional 2,347 shares in the last quarter. CWM LLC boosted its position in shares of Sun Country Airlines by 1,660.9% during the second quarter. CWM LLC now owns 2,659 shares of the company’s stock worth $33,000 after buying an additional 2,508 shares during the period. Finally, Public Sector Pension Investment Board grew its stake in shares of Sun Country Airlines by 3.1% in the second quarter. Public Sector Pension Investment Board now owns 83,395 shares of the company’s stock valued at $1,047,000 after buying an additional 2,512 shares in the last quarter.

Insider Transactions at Sun Country Airlines

In related news, VP John Gyurci sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $11.30, for a total transaction of $33,900.00. Following the completion of the sale, the vice president now owns 14,407 shares in the company, valued at $162,799.10. The trade was a 17.23 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO David M. Davis sold 2,115 shares of the stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $14.51, for a total transaction of $30,688.65. Following the completion of the transaction, the chief financial officer now owns 36,158 shares in the company, valued at $524,652.58. This represents a 5.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 47,720 shares of company stock valued at $694,763. 4.60% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. The Goldman Sachs Group reissued a “neutral” rating and set a $17.00 target price on shares of Sun Country Airlines in a research note on Friday. Susquehanna increased 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 report on Monday, November 4th. Wolfe Research upgraded shares of Sun Country Airlines from a “peer perform” rating to an “outperform” rating and set a $14.00 price objective for the company in a report on Tuesday, October 8th. Finally, Barclays increased their target price on shares of Sun Country Airlines from $20.00 to $24.00 and gave the stock an “overweight” rating in a report on Thursday. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $18.33.

Sun Country Airlines Stock Down 3.5 %

Shares of NASDAQ:SNCY opened at $14.89 on Friday. Sun Country Airlines Holdings, Inc. has a fifty-two week low of $9.22 and a fifty-two week high of $17.56. The firm’s 50 day moving average price is $12.21 and its 200 day moving average price is $11.58. The company has a quick ratio of 0.57, a current ratio of 0.59 and a debt-to-equity ratio of 0.96. The stock has a market cap of $788.28 million, a price-to-earnings ratio of 18.38, a price-to-earnings-growth ratio of 0.70 and a beta of 1.48.

Sun Country Airlines (NASDAQ:SNCY) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $0.06 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.06. The business had revenue of $249.50 million for the quarter, compared to analyst estimates of $250.30 million. Sun Country Airlines had a net margin of 4.25% and a return on equity of 9.00%. The company’s revenue was up .2% on a year-over-year basis. During the same period last year, the business earned $0.14 EPS. As a group, equities research analysts predict that Sun Country Airlines Holdings, Inc. will post 0.98 earnings per share for the current fiscal year.

Sun Country Airlines 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.