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Major Stake Sold: Sun Country Airlines Sees Significant Stock Movement

Major Stake Sold: Sun Country Airlines Sees Significant Stock Movement

New insider activity at Sun Country Airlines Holdings ( (SNCY) ) has taken place on February 14, 2025.

SCA Horus Holdings, LLC has successfully sold 6,346,105 shares of Sun Country Airlines Holdings stock, generating a substantial total of $100,585,764 from the transaction.

Recent Updates on SNCY stock

Sun Country Airlines Holdings recently announced a proposed secondary public offering of 6,346,105 shares, owned by an affiliate of Apollo Global Management. Sun Country will not sell any shares or receive proceeds from this offering but has authorized a $10 million share repurchase funded from existing cash. The price target for Sun Country Airlines was raised by TD Cowen due to strong future performance expectations, margin expansion, and conservative first-quarter guidance. The company’s updated estimates reflect its fourth-quarter results and the latest fiscal year guidance, suggesting continued strong performance.

More about Sun Country Airlines Holdings

YTD Price Performance: 17.48%

Average Trading Volume: 787,866

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $903.7M

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