Sky Harbour Group Co. (NYSEAMERICAN:SKYH) Shares Sold by Caprock Group LLC

Caprock Group LLC lessened its holdings in Sky Harbour Group Co. (NYSEAMERICAN:SKYH - Free Report) by 5.3% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 1,056,767 shares of the company's stock after selling 59,331 shares during the period. Caprock Group LLC owned 1.58% of Sky Harbour Group worth $11,667,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Meixler Investment Management Ltd. lifted its stake in Sky Harbour Group by 82.5% in the 3rd quarter. Meixler Investment Management Ltd. now owns 98,646 shares of the company's stock worth $1,089,000 after purchasing an additional 44,596 shares in the last quarter. X Square Capital LLC purchased a new stake in shares of Sky Harbour Group in the third quarter worth about $331,000. Bank of New York Mellon Corp bought a new position in Sky Harbour Group during the second quarter valued at approximately $271,000. Rhumbline Advisers bought a new position in Sky Harbour Group during the second quarter valued at approximately $103,000. Finally, Apis Capital Advisors LLC purchased a new position in Sky Harbour Group during the 2nd quarter valued at approximately $92,000. 14.75% of the stock is owned by institutional investors.

Sky Harbour Group Price Performance

Sky Harbour Group stock traded down $0.30 during midday trading on Tuesday, hitting $11.32. 50,034 shares of the company's stock were exchanged, compared to its average volume of 56,387. Sky Harbour Group Co. has a 12 month low of $7.62 and a 12 month high of $13.60. The stock has a market cap of $758.78 million, a price-to-earnings ratio of -5.47 and a beta of 1.84.

Analysts Set New Price Targets

A number of equities analysts have commented on SKYH shares. Northland Securities began coverage on shares of Sky Harbour Group in a research note on Tuesday, September 24th. They issued an "outperform" rating and a $16.00 price objective for the company. Northland Capmk raised Sky Harbour Group to a "strong-buy" rating in a research note on Tuesday, September 24th.

Insider Buying and Selling at Sky Harbour Group

In related news, Director Alexander Buffett Rozek acquired 52,632 shares of the business's stock in a transaction dated Thursday, October 24th. The shares were purchased at an average price of $9.50 per share, for a total transaction of $500,004.00. Following the completion of the acquisition, the director now directly owns 52,632 shares in the company, valued at $500,004. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 45.18% of the stock is owned by insiders.

About Sky Harbour Group

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.