GAMMA Investing LLC increased its holdings in shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY – Free Report) by 493.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,757 shares of the company’s stock after buying an additional 3,955 shares during the quarter. GAMMA Investing LLC’s holdings in Sun Country Airlines were worth $56,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of SNCY. Voya Investment Management LLC raised its position in Sun Country Airlines by 5,842.4% in the first quarter. Voya Investment Management LLC now owns 1,409,892 shares of the company’s stock valued at $17,370,000 after purchasing an additional 1,386,166 shares during the last quarter. Bank of New York Mellon Corp raised its position in Sun Country Airlines by 230.2% in the first quarter. Bank of New York Mellon Corp now owns 922,128 shares of the company’s stock valued at $11,361,000 after purchasing an additional 642,902 shares during the last quarter. Vanguard Group Inc. raised its position 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 valued at $62,065,000 after purchasing an additional 437,550 shares during the last quarter. Foundry Partners LLC bought a new position in Sun Country Airlines in the first quarter valued at about $4,861,000. Finally, Victory Capital Management Inc. raised its position in Sun Country Airlines by 303.2% in the first quarter. Victory Capital Management Inc. now owns 482,708 shares of the company’s stock valued at $5,947,000 after purchasing an additional 362,999 shares during the last quarter.
Insider Buying and Selling at Sun Country Airlines
In other news, VP John Gyurci sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $13.18, for a total value of $65,900.00. Following the transaction, the vice president owned 25,109 shares in the company, valued at $330,936.62. This trade represents a 16.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 5.00% of the stock is owned by corporate insiders.
Sun Country Airlines Stock Up 0.5%
Sun Country Airlines (NASDAQ:SNCY – Get Free Report) last posted 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. Sun Country Airlines had a return on equity of 10.53% and a net margin of 5.35%.The company had revenue of $263.62 million for the quarter, compared to analyst estimates of $256.04 million. During the same quarter last year, the company earned $0.06 earnings per share. The company’s revenue for the quarter was up 3.6% on a year-over-year basis. Sun Country Airlines has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Sun Country Airlines Holdings, Inc. will post 1.92 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
SNCY has been the subject of several research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Sun Country Airlines in a research report on Saturday, September 27th. Morgan Stanley decreased their price target on 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. JPMorgan Chase & Co. increased their price target on Sun Country Airlines from $18.00 to $23.00 and gave the company an “overweight” rating in a research note on Friday, September 12th. Wall Street Zen cut Sun Country Airlines from a “strong-buy” rating to a “buy” rating in a research note on Friday. Finally, Susquehanna increased their price target on Sun Country Airlines from $11.00 to $13.00 and gave the company a “neutral” rating in a research note on Friday. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Sun Country Airlines has a consensus rating of “Moderate Buy” and a consensus price target of $18.13.
Get Our Latest Analysis on SNCY
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.
Recommended Stories
- Five stocks we like better than Sun Country Airlines
- Retail Stocks Investing, Explained
- After Trump Deal, Can Meta Stock Withstand TikTok’s Onslaught?
- The Role Economic Reports Play in a Successful Investment Strategy
- Alphabet: After Its Best Quarter in Decades, Is It Time to Buy?
- About the Markup Calculator
- Forget Airlines—These Trucking Stocks Are Shifting Into High Gear
Receive News & Ratings for Sun Country Airlines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sun Country Airlines and related companies with MarketBeat.com's FREE daily email newsletter.