Sky Harbour Group (NYSEAMERICAN:SKYH) Shares Up 4.3%

Shares of Sky Harbour Group Co. (NYSEAMERICAN:SKYH) shot up 4.3% on Thursday . The company traded as high as $9.91 and last traded at $9.91. 7,105 shares were traded during mid-day trading, a decline of 78% from the average session volume of 32,295 shares. The stock had previously closed at $9.50.

Sky Harbour Group Trading Up 1.6 %

Sky Harbour Group (NYSEAMERICAN:SKYH) last announced its quarterly earnings results on Tuesday, May 14th. The company reported ($0.11) EPS for the quarter. The firm had revenue of $2.40 million for the quarter, compared to analysts’ expectations of $3.06 million. Sky Harbour Group had a negative net margin of 325.99% and a negative return on equity of 12.00%.

Insider Activity

In other Sky Harbour Group news, major shareholder Omaha Corp Boston sold 246,389 shares of Sky Harbour Group stock in a transaction dated Wednesday, May 29th. The stock was sold at an average price of $10.00, for a total value of $2,463,890.00. Following the transaction, the insider now owns 12,440,642 shares in the company, valued at $124,406,420. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 45.18% of the company’s stock.

Hedge Funds Weigh In On Sky Harbour Group

A hedge fund recently bought a new stake in Sky Harbour Group stock. Caprock Group LLC purchased a new position in Sky Harbour Group Co. (NYSEAMERICAN:SKYH) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 13,000 shares of the company’s stock, valued at approximately $126,000. Institutional investors own 14.75% of the company’s stock.

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.