The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Sun Country Airlines Holdings Inc shares valued at $469,775 were sold by Gyurci John on Jan 27 ’25. At $17.09 per share, Gyurci John sold 27,482 shares. The insider’s holdings dropped to 11,618 shares worth approximately $0.2 million following the completion of this transaction.
Also, DAVIS DAVID M sold 59,389 shares, netting a total of over 1,012,375 in proceeds. Following the sale of shares at $17.05 each, the insider now holds 32,260 shares.
Before that, Gyurci John had added 200 shares to its account. In a trade valued at $3,400, the Officer bought Sun Country Airlines Holdings Inc shares for $17.00 each.
As published in their initiating research note from JP Morgan on January 22, 2025, Sun Country Airlines Holdings Inc [SNCY] has been an Overweight and the price target has been revised to $23. As of October 08, 2024, Wolfe Research has increased its “Peer perform” rating to a “an Outperform” for SNCY. Earlier on May 08, 2024, TD Cowen resumed its rating. Their recommendation was “a Buy” for SNCY stock.
Analyzing SNCY Stock Performance
During the last five days, there has been a drop of approximately -0.18%. Over the course of the year, Sun Country Airlines Holdings Inc shares have jumped approximately 15.71%. Shares of the company reached a 52-week high of $17.51 on 01/22/25 and a 52-week low of $13.98 on 01/03/25. A 50-day SMA is recorded $15.12, while a 200-day SMA reached $12.62. Nevertheless, trading volume fell to 0.52 million shares from 1.05 million shares the previous day.
Support And Resistance Levels for Sun Country Airlines Holdings Inc (SNCY)
According to the 24-hour chart, there is a support level at 16.57, which, if violated, would cause prices to drop to 16.26. In the upper region, resistance lies at 17.09. The next price resistance is at 17.30. RSI (Relative Strength Index) is 63.52 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.43, which suggests the price will decrease in the coming days. Percent R is at 25.91%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.