Apis Capital Advisors LLC Buys New Position in Sky Harbour Group Co. (NYSEAMERICAN:SKYH)

Apis Capital Advisors LLC purchased a new position in Sky Harbour Group Co. (NYSEAMERICAN:SKYH) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 10,000 shares of the company’s stock, valued at approximately $92,000.

A number of other institutional investors have also recently made changes to their positions in SKYH. Caprock Group LLC increased its position in shares of Sky Harbour Group by 8,485.4% during the 1st quarter. Caprock Group LLC now owns 1,116,098 shares of the company’s stock valued at $14,253,000 after purchasing an additional 1,103,098 shares during the last quarter. Meixler Investment Management Ltd. boosted its stake in Sky Harbour Group by 20.2% in the second quarter. Meixler Investment Management Ltd. now owns 54,050 shares of the company’s stock worth $500,000 after buying an additional 9,100 shares in the last quarter. Bank of New York Mellon Corp bought a new position in Sky Harbour Group during the second quarter valued at approximately $271,000. Finally, Rhumbline Advisers purchased a new position in shares of Sky Harbour Group during the second quarter worth approximately $103,000. Institutional investors own 14.75% of the company’s stock.

Sky Harbour Group Stock Up 2.2 %

NYSEAMERICAN SKYH opened at $13.01 on Monday. The stock has a market cap of $872.06 million, a price-to-earnings ratio of -8.91 and a beta of 1.86. Sky Harbour Group Co. has a 12-month low of $4.23 and a 12-month high of $13.60.

Sky Harbour Group (NYSEAMERICAN:SKYH) last released its quarterly earnings data 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 return on equity of 6.82% and a negative net margin of 222.44%. The firm had revenue of $3.62 million during the quarter.

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.