SkyWest, Inc. (NASDAQ:SKYW) CEO Russell A. Childs sold 18,554 shares of the company’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $51.33, for a total transaction of $952,376.82. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Russell A. Childs also recently made the following trade(s):

  • On Thursday, November 2nd, Russell A. Childs sold 1,766 shares of SkyWest stock. The stock was sold at an average price of $47.22, for a total transaction of $83,390.52.

SkyWest, Inc. (SKYW) traded down $1.00 during trading hours on Wednesday, hitting $50.40. 204,475 shares of the stock were exchanged, compared to its average volume of 340,342. The company has a debt-to-equity ratio of 1.61, a quick ratio of 1.09 and a current ratio of 1.24. SkyWest, Inc. has a fifty-two week low of $30.40 and a fifty-two week high of $51.85. The firm has a market cap of $2,625.82, a PE ratio of 16.08 and a beta of 1.74.

SkyWest (NASDAQ:SKYW) last posted its quarterly earnings results on Wednesday, October 25th. The transportation company reported $1.01 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.98 by $0.03. SkyWest had a negative net margin of 4.15% and a positive return on equity of 11.87%. The business had revenue of $831.93 million for the quarter, compared to analysts’ expectations of $817.43 million. During the same period in the prior year, the company posted $0.90 EPS. The business’s revenue for the quarter was up 4.0% on a year-over-year basis. analysts forecast that SkyWest, Inc. will post 3.32 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, January 5th. Stockholders of record on Friday, December 29th will be paid a dividend of $0.08 per share. The ex-dividend date is Thursday, December 28th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.63%. SkyWest’s dividend payout ratio (DPR) is presently -12.26%.

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SKYW has been the subject of a number of analyst reports. Deutsche Bank AG upped their price objective on shares of SkyWest from $47.00 to $55.00 and gave the stock a “buy” rating in a research report on Thursday, October 26th. Zacks Investment Research upgraded shares of SkyWest from a “hold” rating to a “buy” rating and set a $52.00 price objective for the company in a research report on Thursday, November 9th. BidaskClub downgraded shares of SkyWest from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 22nd. ValuEngine downgraded shares of SkyWest from a “strong-buy” rating to a “buy” rating in a research report on Monday, September 4th. Finally, Cowen and Company upped their price objective on shares of SkyWest from $44.00 to $52.00 and gave the stock an “outperform” rating in a research report on Monday, October 2nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, three have issued a buy rating and three have given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $48.33.

Large investors have recently bought and sold shares of the company. Oppenheimer Asset Management Inc. grew its stake in shares of SkyWest by 108.5% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 2,860 shares of the transportation company’s stock worth $100,000 after purchasing an additional 1,488 shares during the period. Riverhead Capital Management LLC grew its stake in SkyWest by 81.0% in the 2nd quarter. Riverhead Capital Management LLC now owns 4,162 shares of the transportation company’s stock valued at $146,000 after acquiring an additional 1,862 shares during the last quarter. Ameritas Investment Partners Inc. grew its stake in SkyWest by 10.4% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 4,455 shares of the transportation company’s stock valued at $156,000 after acquiring an additional 419 shares during the last quarter. Pitcairn Co. acquired a new stake in SkyWest in the 3rd quarter valued at about $205,000. Finally, Envestnet Asset Management Inc. grew its stake in SkyWest by 218.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,069 shares of the transportation company’s stock valued at $223,000 after acquiring an additional 3,478 shares during the last quarter. 88.95% of the stock is currently owned by institutional investors and hedge funds.

SkyWest Company Profile

SkyWest, Inc is the holding company for two scheduled passenger airline operations and an aircraft leasing company. SkyWest’s airline companies provide commercial air service in cities throughout North America with nearly 3,000 daily flights carrying more than 53 million passengers annually. SkyWest Airlines operates through partnerships with United Airlines, Delta Air Lines, American Airlines and Alaska Airlines.

Insider Buying and Selling by Quarter for SkyWest (NASDAQ:SKYW)

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