Andrew Gessow Acquires 5,000 Shares of Sky Harbour Group (NYSE:SKYH) Stock

Sky Harbour Group Co. (NYSE:SKYH) Director Andrew Gessow bought 5,000 shares of Sky Harbour Group stock in a transaction that occurred on Friday, August 14th. The stock was purchased at an average price of $10.85 per share, with a total value of $54,250.00. Following the purchase, the director directly owned 22,910 shares in the company, valued at $248,573.50. The trade was a 27.92% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Sky Harbour Group Stock Performance

Sky Harbour Group stock opened at $10.31 on Thursday. The business’s 50-day simple moving average is $10.16 and its two-hundred day simple moving average is $9.74. The company has a market cap of $789.00 million, a PE ratio of -57.28 and a beta of 1.31. Sky Harbour Group Co. has a fifty-two week low of $8.22 and a fifty-two week high of $11.70.

Sky Harbour Group (NYSE:SKYH) last announced its quarterly earnings data on Wednesday, August 12th. The company reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.14) by $0.10. The firm had revenue of $0.01 million during the quarter, compared to analysts’ expectations of $9.44 million. Sky Harbour Group had a return on equity of 6.45% and a net margin of 2.73%. As a group, analysts predict that Sky Harbour Group Co. will post -0.52 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Altai Capital Management L.P. purchased a new position in shares of Sky Harbour Group during the 2nd quarter valued at approximately $7,039,000. Bank of America Corp DE boosted its holdings in Sky Harbour Group by 173.7% during the second quarter. Bank of America Corp DE now owns 702,494 shares of the company’s stock worth $6,863,000 after buying an additional 445,828 shares in the last quarter. First Manhattan CO. LLC. purchased a new stake in Sky Harbour Group during the fourth quarter worth $1,203,000. RMR Capital Management LLC acquired a new stake in Sky Harbour Group during the first quarter valued at $1,170,000. Finally, Geode Capital Management LLC grew its position in Sky Harbour Group by 32.1% during the second quarter. Geode Capital Management LLC now owns 465,415 shares of the company’s stock valued at $4,548,000 after buying an additional 112,994 shares during the period. 14.75% of the stock is currently owned by hedge funds and other institutional investors.

Key Sky Harbour Group News

Here are the key news stories impacting Sky Harbour Group this week:

• Positive Sentiment: CFO Francisco Gonzalez purchased 1,000 shares for approximately $10,050, increasing his direct ownership to 710,588 shares. The purchase may signal management confidence in Sky Harbour Group’s outlook. SEC filing on CFO share purchase
• Positive Sentiment: Director Andrew Gessow bought 5,000 shares for $54,250, increasing his position by 27.92%. Multiple insider purchases can provide a supportive signal for the stock. Andrew Gessow insider purchase
• Positive Sentiment: Noble Financial maintained a “Strong-Buy” rating while forecasting improved FY2027 EPS of negative $0.23, compared with its previous estimate of negative $0.26. Analysts overall maintain a “Buy” consensus, with a reported average price target of $12.75. Sky Harbour Group analyst coverage
• Neutral Sentiment: Sky Harbour Group’s latest quarterly loss of $0.04 per share was better than the $0.14 consensus estimate, but reported revenue was significantly below the analyst forecast, highlighting execution and reporting concerns.
• Negative Sentiment: Noble Financial reduced its Q3 2026 EPS estimate to negative $0.14 from negative $0.11, cut its Q4 estimate to negative $0.12 from negative $0.09, and lowered FY2026 expectations to negative $0.57 from negative $0.50. These revisions reinforce concerns about continued losses in the near term. Sky Harbour Group recent disclosures

Analyst Upgrades and Downgrades

SKYH has been the topic of several recent research reports. Weiss Ratings raised shares of Sky Harbour Group from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, July 6th. Noble Financial raised shares of Sky Harbour Group to a “strong-buy” rating in a report on Monday, May 18th. Finally, Roth Capital restated a “buy” rating and set a $12.50 target price on shares of Sky Harbour Group in a research report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $12.75.

About Sky Harbour Group

Sky Harbour Group Inc is a U.S.-based real estate development and operating company focused on private aviation infrastructure. The company specializes in the acquisition, design and management of fixed-base operations (FBOs), aircraft hangarage and private terminals that serve business and general aviation operators. By providing expedited ground handling, concierge services and state-of-the-art facilities, Sky Harbour seeks to streamline the operations of private jet owners, fractional-ownership programs and charter operators while reducing congestion at major airports.

Through strategic leases and joint-venture partnerships, Sky Harbour has established a growing presence at key regional and metropolitan airports across the United States.