Sky Harbour Group Co. (NYSEAMERICAN:SKYH) Director Alexander Buffett Rozek Acquires 152,486 Shares

Sky Harbour Group Co. (NYSEAMERICAN:SKYH) Director Alexander Buffett Rozek bought 152,486 shares of the company’s stock in a transaction that occurred on Friday, December 20th. The stock was acquired at an average price of $9.50 per share, with a total value of $1,448,617.00. Following the completion of the purchase, the director now directly owns 323,613 shares of the company’s stock, valued at approximately $3,074,323.50. The trade was a 89.11 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Alexander Buffett Rozek also recently made the following trade(s):

• On Thursday, October 24th, Alexander Buffett Rozek bought 52,632 shares of Sky Harbour Group stock. The stock was acquired at an average price of $9.50 per share, with a total value of $500,004.00.

Sky Harbour Group Stock Down 4.8 %

Shares of NYSEAMERICAN:SKYH opened at $12.11 on Friday. The stock has a market cap of $865.14 million, a price-to-earnings ratio of -5.85 and a beta of 1.80. Sky Harbour Group Co. has a 12 month low of $8.26 and a 12 month high of $14.52.

Institutional Investors Weigh In On Sky Harbour Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. MetLife Investment Management LLC purchased a new stake in shares of Sky Harbour Group in the third quarter worth about $79,000. Apis Capital Advisors LLC purchased a new stake in shares of Sky Harbour Group in the second quarter worth about $92,000. Rhumbline Advisers purchased a new stake in shares of Sky Harbour Group in the second quarter worth about $103,000. Barclays PLC boosted its position in shares of Sky Harbour Group by 326.5% in the third quarter. Barclays PLC now owns 16,315 shares of the company’s stock worth $181,000 after buying an additional 12,490 shares during the period. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Sky Harbour Group in the second quarter worth about $271,000. 14.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Maxim Group upped their target price on Sky Harbour Group from $17.00 to $25.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Northland Capmk upgraded Sky Harbour Group to a “strong-buy” rating in a research note on Tuesday, September 24th. Finally, Northland Securities started coverage on Sky Harbour Group in a research note on Tuesday, September 24th. They set an “outperform” rating and a $16.00 price target for the company.

Sky Harbour Group Company 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.