Geode Capital Management LLC Buys 6,887 Shares of Sky Harbour Group Co. (NYSEAMERICAN:SKYH)

Geode Capital Management LLC increased its stake in shares of Sky Harbour Group Co. (NYSEAMERICAN:SKYH) by 2.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 251,465 shares of the company’s stock after acquiring an additional 6,887 shares during the quarter. Geode Capital Management LLC owned approximately 0.38% of Sky Harbour Group worth $2,777,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of SKYH. Barclays PLC raised its position in shares of Sky Harbour Group by 326.5% during the third quarter. Barclays PLC now owns 16,315 shares of the company’s stock worth $181,000 after purchasing an additional 12,490 shares during the period. State Street Corp increased its stake in Sky Harbour Group by 1.1% during the 3rd quarter. State Street Corp now owns 125,483 shares of the company’s stock valued at $1,385,000 after purchasing an additional 1,406 shares in the last quarter. MetLife Investment Management LLC acquired a new position in Sky Harbour Group during the third quarter worth $79,000. Meixler Investment Management Ltd. lifted its stake in shares of 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 buying an additional 44,596 shares in the last quarter. Finally, X Square Capital LLC acquired a new position in shares of Sky Harbour Group during the third quarter valued at about $331,000. 14.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on SKYH. Maxim Group upped their target price on shares of Sky Harbour Group from $17.00 to $25.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Northland Capmk raised Sky Harbour Group to a “strong-buy” rating in a research report on Tuesday, September 24th. Finally, Northland Securities began coverage on Sky Harbour Group in a research report on Tuesday, September 24th. They issued an “outperform” rating and a $16.00 price target for the company.

Insider Buying and Selling at Sky Harbour Group

In other Sky Harbour Group news, Director Alexander Buffett Rozek acquired 152,486 shares of the stock in a transaction dated Friday, December 20th. The stock was purchased at an average cost of $9.50 per share, for a total transaction of $1,448,617.00. Following the acquisition, the director now owns 323,613 shares in the company, valued at $3,074,323.50. The trade was a 89.11 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 45.18% of the company’s stock.

Sky Harbour Group Trading Down 4.5 %

Sky Harbour Group stock opened at $11.10 on Wednesday. The firm has a market capitalization of $792.98 million, a PE ratio of -5.36 and a beta of 1.80. Sky Harbour Group Co. has a fifty-two week low of $8.26 and a fifty-two week high of $14.52.

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.