Meixler Investment Management Ltd. Buys 59,284 Shares of Sky Harbour Group Co. (NYSEAMERICAN:SKYH)

Meixler Investment Management Ltd. raised its position in shares of Sky Harbour Group Co. (NYSEAMERICAN:SKYH - Free Report) by 60.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 157,930 shares of the company's stock after buying an additional 59,284 shares during the quarter. Sky Harbour Group accounts for 1.4% of Meixler Investment Management Ltd.'s portfolio, making the stock its 14th largest position. Meixler Investment Management Ltd. owned about 0.22% of Sky Harbour Group worth $1,884,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. MetLife Investment Management LLC bought a new position in Sky Harbour Group during the third quarter valued at approximately $79,000. Barclays PLC raised its position in Sky Harbour Group by 326.5% during the third quarter. Barclays PLC now owns 16,315 shares of the company's stock valued at $181,000 after acquiring an additional 12,490 shares in the last quarter. X Square Capital LLC bought a new position in Sky Harbour Group during the third quarter valued at approximately $331,000. State Street Corp raised its position in Sky Harbour Group by 1.1% during the third quarter. State Street Corp now owns 125,483 shares of the company's stock valued at $1,385,000 after acquiring an additional 1,406 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in Sky Harbour Group by 2.8% during the third quarter. Geode Capital Management LLC now owns 251,465 shares of the company's stock valued at $2,777,000 after acquiring an additional 6,887 shares in the last quarter. 14.75% of the stock is owned by hedge funds and other institutional investors.

Sky Harbour Group Stock Performance

NYSEAMERICAN SKYH traded up $0.14 during trading on Thursday, hitting $11.09. The stock had a trading volume of 43,995 shares, compared to its average volume of 71,473. The stock has a market capitalization of $838.51 million, a price-to-earnings ratio of -5.36 and a beta of 1.74. Sky Harbour Group Co. has a 12 month low of $8.26 and a 12 month high of $14.52.

Insider Activity at Sky Harbour Group

In other news, Director Alexander Buffett Rozek acquired 152,486 shares of the firm's stock in a transaction on Friday, December 20th. The shares were purchased at an average cost of $9.50 per share, with a total value of $1,448,617.00. Following the acquisition, the director now directly owns 323,613 shares in the company, valued at $3,074,323.50. This represents a 89.11 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. 45.18% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Maxim Group raised their price objective on shares of Sky Harbour Group from $17.00 to $25.00 and gave the stock a "buy" rating in a research note on Wednesday, November 20th. B. Riley upgraded shares of Sky Harbour Group to a "strong-buy" rating in a research note on Tuesday, January 7th.

Sky Harbour Group Profile

Sky Harbour Group Corporation operates as an aviation infrastructure development company in the United States. It develops, leases, and manages general aviation hangars for business aircraft. The company is based in White Plains, New York.