Sky Harbour Group Co. (NYSEAMERICAN:SKYH) Shares Bought by Barclays PLC

Barclays PLC lifted its position in shares of Sky Harbour Group Co. (NYSEAMERICAN:SKYH) by 326.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,315 shares of the company’s stock after buying an additional 12,490 shares during the quarter. Barclays PLC’s holdings in Sky Harbour Group were worth $181,000 at the end of the most recent quarter.

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

Insiders Place Their Bets

In other Sky Harbour Group news, Director Alexander Buffett Rozek acquired 152,486 shares of the business’s stock in a transaction dated Friday, December 20th. The stock was bought at an average cost of $9.50 per share, with a total value of $1,448,617.00. Following the completion of the transaction, the director now directly owns 323,613 shares in the company, valued at approximately $3,074,323.50. This represents a 89.11 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 45.18% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on SKYH shares. Northland Capmk upgraded shares of Sky Harbour Group to a “strong-buy” rating in a report on Tuesday, September 24th. Northland Securities began coverage on Sky Harbour Group in a research note on Tuesday, September 24th. They set an “outperform” rating and a $16.00 price objective for the company. 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.

Sky Harbour Group Price Performance

Shares of SKYH stock opened at $11.10 on Wednesday. The stock has a market capitalization of $792.98 million, a P/E ratio of -5.36 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.

Sky Harbour Group 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.