Sun Country Airlines VP John Gyurci sells $3619 in stock

Published 04/07/2025, 02:04
Sun Country Airlines VP John Gyurci sells $3619 in stock

Sun Country Airlines Holdings (NASDAQ:SNCY) Chief Accounting Officer and VP of Finance, John Gyurci, sold 309 shares of common stock on July 1, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $11.714, for a total transaction value of $3619. The stock, currently trading at $12.58, has shown strong momentum with a nearly 6% gain in the past week, though InvestingPro analysis indicates the stock remains undervalued relative to its Fair Value.

Following the transaction, Gyurci directly owns 25,813 shares of Sun Country Airlines Holdings, representing a stake in the $669 million market cap airline. The sale was to cover tax withholding obligations related to the vesting of restricted stock units and was not a discretionary trade. InvestingPro subscribers can access detailed insider trading patterns and 7 additional key insights about SNCY’s financial health and market position through the comprehensive Pro Research Report.

In other recent news, Sun Country Airlines Holdings Inc. reported its first quarter 2025 financial results, showcasing an earnings per share (EPS) of $0.72, which surpassed analysts’ expectations of $0.7108. The company’s total revenue reached $326.6 million, slightly below the anticipated $330.02 million. Despite the revenue shortfall, the company achieved a robust operating margin of 17.2%, with an adjusted margin of 18.3%. The airline also announced the expansion of its cargo fleet and a new credit card partnership, indicating strategic growth initiatives. Additionally, Sun Country Airlines held its annual meeting, where shareholders reelected three Class I directors and approved executive compensation. KPMG LLP’s appointment as the company’s independent auditor for the fiscal year was ratified, reflecting continued confidence in their auditing role. The company expects second-quarter revenue to range between $250 million and $260 million, with an operating margin of 4-7%. Looking forward, Sun Country anticipates a decline in full-year scheduled service ASMs by 35% but projects a doubling of cargo revenue by September 2025.

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