Sky Harbour Group (NYSEAMERICAN:SKYH) Price Target Raised to $25.00

Sky Harbour Group (NYSEAMERICAN:SKYH) had its target price lifted by Maxim Group from $17.00 to $25.00 in a research report released on Wednesday morning, Marketbeat.com reports. They currently have a buy rating on the stock.

A number of other brokerages also recently commented on SKYH. Northland Securities initiated coverage on Sky Harbour Group in a research report on Tuesday, September 24th. They issued an “outperform” rating and a $16.00 price objective for the company. Northland Capmk upgraded shares of Sky Harbour Group to a “strong-buy” rating in a report on Tuesday, September 24th.

Sky Harbour Group Trading Down 0.4 %

SKYH opened at $11.37 on Wednesday. The firm has a market cap of $761.80 million, a P/E ratio of -5.49 and a beta of 1.84. Sky Harbour Group has a 52 week low of $7.75 and a 52 week high of $13.60.

Insider Buying and Selling at Sky Harbour Group

In related news, Director Alexander Buffett Rozek purchased 52,632 shares of the firm’s stock in a transaction dated Thursday, October 24th. The stock was acquired at an average price of $9.50 per share, with a total value of $500,004.00. Following the completion of the transaction, the director now owns 52,632 shares of the company’s stock, valued at $500,004. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 45.18% of the stock is currently owned by corporate insiders.

Institutional Trading of Sky Harbour Group

Hedge funds and other institutional investors have recently bought and sold shares of the company. Meixler Investment Management Ltd. increased its stake in Sky Harbour Group by 82.5% during the third quarter. Meixler Investment Management Ltd. now owns 98,646 shares of the company’s stock valued at $1,089,000 after purchasing an additional 44,596 shares during the last quarter. Rhumbline Advisers bought a new stake in shares of Sky Harbour Group during the 2nd quarter valued at about $103,000. Apis Capital Advisors LLC acquired a new stake in Sky Harbour Group during the second quarter worth about $92,000. Bank of New York Mellon Corp bought a new position in Sky Harbour Group in the second quarter worth about $271,000. Finally, X Square Capital LLC acquired a new position in Sky Harbour Group in the third quarter valued at approximately $331,000. 14.75% of the stock is owned by institutional investors.

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.