SkyWest Is Buying Back Stock While Its Executives Sell. Here's How to Read It
Insider liquidated 21% of direct holdings at $110.49 per share, above the day's closing price, while retaining $10.2 million in company stock.
Overview
Chief Financial Officer Robert J. Simmons sold 25,000 shares of SkyWest, Inc. (NASDAQ:SKYW) on July 29, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($110.49); post-transaction value based on July 29, 2026 market close ($109.66).
Details
SkyWest, Inc. is a substantial regional airline operator that maintains a diversified business model combining scheduled passenger operations with aircraft leasing activities, positioning itself as a critical regional capacity provider within the broader U.S. aviation ecosystem. With TTM revenues of $4.2 billion and net income of $409.9 million, SkyWest demonstrates the operational scale and profitability characteristic of a leading independent regional carrier.
Source
Originally published at www.fool.com.