Sky Harbour Group (NYSEAMERICAN:SKYH) Sees Unusually-High Trading Volume – Should You Buy?

Posted by Tammy Falkenburg on Mar 21st, 2025

Sky Harbour Group Co. (NYSEAMERICAN:SKYH – Get Free Report) shares saw unusually-high trading volume on Friday . Approximately 103,898 shares changed hands during trading, an increase of 39% from the previous session’s volume of 74,507 shares.The stock last traded at $11.94 and had previously closed at $11.70.

Wall Street Analysts Forecast Growth

Separately, B. Riley raised Sky Harbour Group to a “strong-buy” rating in a report on Tuesday, January 7th.

Check Out Our Latest Research Report on Sky Harbour Group

Sky Harbour Group Stock Up 3.2 %

The stock has a fifty day simple moving average of $11.04. The stock has a market capitalization of $912.84 million, a PE ratio of -5.82 and a beta of 1.74.

Hedge Funds Weigh In On Sky Harbour Group

A number of institutional investors have recently made changes to their positions in SKYH. BNP Paribas Financial Markets acquired a new position in shares of Sky Harbour Group in the fourth quarter worth $26,000. Wells Fargo & Company MN raised its holdings in shares of Sky Harbour Group by 40.2% in the fourth quarter. Wells Fargo & Company MN now owns 6,300 shares of the company’s stock worth $75,000 after acquiring an additional 1,807 shares during the last quarter. MetLife Investment Management LLC acquired a new position in shares of Sky Harbour Group in the third quarter worth $79,000. Fullcircle Wealth LLC acquired a new position in shares of Sky Harbour Group in the fourth quarter worth $131,000. Finally, Deutsche Bank AG raised its holdings in shares of Sky Harbour Group by 5,014.9% in the fourth quarter. Deutsche Bank AG now owns 13,350 shares of the company’s stock worth $159,000 after acquiring an additional 13,089 shares during the last quarter. 14.75% of the stock is owned by institutional investors and hedge funds.

About Sky Harbour Group

(Get Free Report)

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.