Sky Harbour Group (NYSEAMERICAN:SKYH) Given New $25.00 Price Target at Maxim Group

Sky Harbour Group (NYSEAMERICAN:SKYH) had its price target increased by Maxim Group from $17.00 to $25.00 in a report published on Wednesday, MarketBeat.com reports. The firm currently has a buy rating on the stock.

SKYH has been the subject of several other research reports. Northland Capmk upgraded Sky Harbour Group to a “strong-buy” rating in a research note 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 target on the stock.

Sky Harbour Group Trading Down 0.8 %

NYSEAMERICAN:SKYH opened at $11.32 on Wednesday. Sky Harbour Group has a 52-week low of $7.75 and a 52-week high of $13.60. The company has a market cap of $808.70 million, a P/E ratio of -5.47 and a beta of 1.84.

Insider Buying and Selling at Sky Harbour Group

In related news, Director Alexander Buffett Rozek bought 52,632 shares of the stock in a transaction dated Thursday, October 24th. The stock was acquired at an average price of $9.50 per share, for a total transaction of $500,004.00. Following the completion of the purchase, the director now owns 52,632 shares in the company, valued at $500,004. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 45.18% of the stock is owned by company insiders.

Institutional Trading of Sky Harbour Group

Hedge funds and other institutional investors have recently modified their holdings of the business. MetLife Investment Management LLC bought a new position in shares of Sky Harbour Group during the third quarter worth about $79,000. Apis Capital Advisors LLC acquired a new position in shares of Sky Harbour Group during the second quarter valued at $92,000. Rhumbline Advisers bought a new position in shares of Sky Harbour Group in the second quarter valued at approximately $103,000. Barclays PLC boosted its stake in Sky Harbour Group by 326.5% during the 3rd quarter. Barclays PLC now owns 16,315 shares of the company’s stock valued at $181,000 after purchasing an additional 12,490 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in Sky Harbour Group during the second quarter worth about $271,000. 14.75% of the stock is owned by hedge funds and other institutional investors.

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.