Shares of Sky Harbour Group Co. (NYSEAMERICAN:SKYH - Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $11.36, but opened at $11.90. Sky Harbour Group shares last traded at $11.60, with a volume of 13,345 shares traded.
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on SKYH. Northland Capmk raised Sky Harbour Group to a "strong-buy" rating in a research note on Tuesday, September 24th. Northland Securities began coverage on Sky Harbour Group in a research note on Tuesday, September 24th. They issued an "outperform" rating and a $16.00 target price on the stock. Finally, Maxim Group boosted their target price on Sky Harbour Group from $17.00 to $25.00 and gave the stock a "buy" rating in a research report on Wednesday, November 20th.
View Our Latest Analysis on SKYH
Sky Harbour Group Stock Up 2.9 %
The firm has a market cap of $835.13 million, a P/E ratio of -5.65 and a beta of 1.80.
Insider Buying and Selling at Sky Harbour Group
In related news, Director Alexander Buffett Rozek bought 152,486 shares of the business's stock in a transaction dated Friday, December 20th. The stock was bought at an average price of $9.50 per share, for a total transaction of $1,448,617.00. Following the purchase, the director now owns 323,613 shares in the company, valued at $3,074,323.50. This represents a 89.11 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 45.18% of the company's stock.
Hedge Funds Weigh In On Sky Harbour Group
A number of hedge funds have recently bought and sold shares of the business. State Street Corp lifted 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 worth $1,385,000 after purchasing an additional 1,406 shares during the period. Geode Capital Management LLC boosted its position in shares of Sky Harbour Group by 2.8% during the 3rd quarter. Geode Capital Management LLC now owns 251,465 shares of the company's stock worth $2,777,000 after acquiring an additional 6,887 shares in the last quarter. MetLife Investment Management LLC bought a new position in Sky Harbour Group in the third quarter valued at approximately $79,000. Apis Capital Advisors LLC acquired a new position in Sky Harbour Group during the second quarter valued at approximately $92,000. Finally, Rhumbline Advisers bought a new stake in Sky Harbour Group during the second quarter worth $103,000. 14.75% of the stock is owned by institutional investors.
About Sky Harbour Group
(
Get Free Report)
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.
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