Sky Harbour Group Co. (NYSEAMERICAN:SKYH) Position Reduced by Caprock Group LLC

Caprock Group LLC reduced its position in Sky Harbour Group Co. (NYSEAMERICAN:SKYH) by 5.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,056,767 shares of the company’s stock after selling 59,331 shares during the period. Caprock Group LLC owned about 1.58% of Sky Harbour Group worth $11,667,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Meixler Investment Management Ltd. boosted its position in Sky Harbour Group by 82.5% during the 3rd quarter. Meixler Investment Management Ltd. now owns 98,646 shares of the company’s stock worth $1,089,000 after acquiring an additional 44,596 shares during the period. X Square Capital LLC acquired a new stake in shares of Sky Harbour Group during the third quarter worth approximately $331,000. Bank of New York Mellon Corp acquired a new position in Sky Harbour Group in the 2nd quarter valued at approximately $271,000. Rhumbline Advisers purchased a new stake in Sky Harbour Group in the 2nd quarter worth approximately $103,000. Finally, Apis Capital Advisors LLC acquired a new stake in shares of Sky Harbour Group during the 2nd quarter valued at $92,000. Institutional investors and hedge funds own 14.75% of the company’s stock.

Insider Buying and Selling

In other news, Director Alexander Buffett Rozek purchased 52,632 shares of the business’s stock in a transaction on Thursday, October 24th. The stock was purchased at an average price of $9.50 per share, with a total value of $500,004.00. Following the acquisition, the director now directly owns 52,632 shares in the company, valued at approximately $500,004. The trade was a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 45.18% of the stock is owned by insiders.

Sky Harbour Group Stock Down 4.9 %

Shares of Sky Harbour Group stock opened at $11.67 on Tuesday. Sky Harbour Group Co. has a 1-year low of $7.62 and a 1-year high of $13.60.

Analysts Set New Price Targets

Several analysts have commented on the stock. Northland Capmk raised shares of Sky Harbour Group to a “strong-buy” rating in a research report on Tuesday, September 24th. Northland Securities started coverage on shares of Sky Harbour Group in a research report on Tuesday, September 24th. They set an “outperform” rating and a $16.00 target price on the stock.

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.