Algert Global LLC Sells 66,500 Shares of Sun Country Airlines Holdings, Inc. $SNCY

Algert Global LLC lowered its holdings in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) by 20.5% during the 1st quarter, according to the company in 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 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Sun Country Airlines by 3.7% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,473 shares of the company’s stock valued at $328,000 after buying an additional 796 shares during the last quarter. New York State Teachers Retirement System increased its position in shares of Sun Country Airlines by 17.2% in the first quarter. New York State Teachers Retirement System now owns 16,611 shares of the company’s stock valued at $205,000 after acquiring an additional 2,443 shares during the period. Price T Rowe Associates Inc. MD increased its position in shares of Sun Country Airlines by 13.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 23,944 shares of the company’s stock valued at $350,000 after acquiring an additional 2,792 shares during the period. Canada Pension Plan Investment Board purchased a new position in shares of Sun Country Airlines in the fourth quarter valued at about $60,000. Finally, State of Wyoming increased its position in shares of Sun Country Airlines by 102.7% in the fourth quarter. State of Wyoming now owns 8,411 shares of the company’s stock valued at $123,000 after acquiring an additional 4,262 shares during the period.

Sun Country Airlines Trading Down 2.8%

Shares of SNCY opened at $11.86 on Thursday. The firm’s 50-day moving average price is $11.86 and its 200-day moving average price is $12.44. The firm has a market capitalization of $632.38 million, a price-to-earnings ratio of 11.19, a PEG ratio of 0.29 and a beta of 1.61. The company has a current ratio of 0.63, a quick ratio of 0.59 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) last announced its earnings results on Thursday, July 31st. The company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. The firm 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%. The company’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.06 EPS. 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.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. TD Cowen boosted their price objective on shares of Sun Country Airlines from $14.00 to $20.00 and gave the company a “buy” rating in a research report on Tuesday, May 6th. Susquehanna restated a “neutral” rating and issued a $11.00 price objective (down previously from $12.00) on shares of Sun Country Airlines in a research report on Tuesday, August 5th. Morgan Stanley decreased their price objective 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. Evercore ISI decreased their price objective 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, JPMorgan Chase & Co. decreased 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. Six investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Sun Country Airlines has a consensus rating of “Moderate Buy” and a consensus target price of $17.38.

Insider Activity

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 directly owned 26,122 shares in the company, valued at $300,141.78. This trade represents a 10.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last three months, insiders have sold 9,372 shares of company stock valued at $110,365. 5.00% of the stock is owned by company insiders.

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.