Meixler Investment Management Ltd. Has $1.09 Million Holdings in Sky Harbour Group Co. (NYSEAMERICAN:SKYH)

Meixler Investment Management Ltd. grew its position in Sky Harbour Group Co. (NYSEAMERICAN:SKYH - Free Report) by 82.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 98,646 shares of the company's stock after acquiring an additional 44,596 shares during the quarter. Sky Harbour Group comprises 0.8% of Meixler Investment Management Ltd.'s holdings, making the stock its 27th largest position. Meixler Investment Management Ltd. owned 0.15% of Sky Harbour Group worth $1,089,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Apis Capital Advisors LLC acquired a new position in Sky Harbour Group during the second quarter worth $92,000. Rhumbline Advisers acquired a new stake in shares of Sky Harbour Group during the 2nd quarter worth approximately $103,000. Bank of New York Mellon Corp purchased a new position in Sky Harbour Group in the second quarter worth approximately $271,000. Finally, X Square Capital LLC acquired a new stake in Sky Harbour Group during the third quarter worth $331,000. 14.75% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Sky Harbour Group

In related news, Director Alexander Buffett Rozek acquired 52,632 shares of the business's stock in a transaction that occurred on Thursday, October 24th. The shares were acquired at an average cost of $9.50 per share, for a total transaction of $500,004.00. Following the completion of the purchase, the director now directly owns 52,632 shares in the company, valued at $500,004. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 45.18% of the stock is currently owned by corporate insiders.

Sky Harbour Group Stock Performance

Shares of SKYH traded down $0.13 during mid-day trading on Monday, hitting $11.46. The company had a trading volume of 36,183 shares, compared to its average volume of 55,240. The stock has a market capitalization of $768.16 million, a PE ratio of -8.65 and a beta of 1.84. Sky Harbour Group Co. has a 1-year low of $7.60 and a 1-year high of $13.60.

Sky Harbour Group (NYSEAMERICAN:SKYH - Get Free Report) last announced its quarterly earnings results on Tuesday, August 13th. The company reported $0.06 earnings per share for the quarter, beating analysts' consensus estimates of ($0.04) by $0.10. Sky Harbour Group had a negative net margin of 222.44% and a negative return on equity of 6.82%. The firm had revenue of $3.62 million for the quarter. As a group, sell-side analysts expect that Sky Harbour Group Co. will post 0.11 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

SKYH has been the topic of several recent analyst reports. Northland Securities started coverage on shares of Sky Harbour Group in a report on Tuesday, September 24th. They issued an "outperform" rating and a $16.00 price objective on the stock. Northland Capmk raised shares of Sky Harbour Group to a "strong-buy" rating in a research note on Tuesday, September 24th.

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.