Fox Run Management L.L.C. Cuts Stock Position in SkyWest, Inc. $SKYW

Fox Run Management L.L.C. trimmed its holdings in shares of SkyWest, Inc. (NASDAQ:SKYW) by 33.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,888 shares of the transportation company’s stock after selling 6,105 shares during the period. Fox Run Management L.L.C.’s holdings in SkyWest were worth $1,196,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Allianz Asset Management GmbH boosted its position in shares of SkyWest by 214.5% in the third quarter. Allianz Asset Management GmbH now owns 251,760 shares of the transportation company’s stock worth $25,332,000 after buying an additional 171,704 shares during the period. Owl Creek Asset Management L.P. purchased a new stake in shares of SkyWest during the 2nd quarter valued at about $9,856,000. JPMorgan Chase & Co. lifted its position in SkyWest by 39.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 298,255 shares of the transportation company’s stock worth $30,011,000 after acquiring an additional 83,705 shares in the last quarter. Qube Research & Technologies Ltd boosted its holdings in SkyWest by 40.3% in the 2nd quarter. Qube Research & Technologies Ltd now owns 255,251 shares of the transportation company’s stock worth $26,283,000 after acquiring an additional 73,374 shares during the period. Finally, WINTON GROUP Ltd acquired a new stake in SkyWest in the second quarter valued at approximately $6,495,000. 81.30% of the stock is owned by hedge funds and other institutional investors.

SkyWest Stock Performance

Shares of SkyWest stock opened at $107.69 on Thursday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.55 and a current ratio of 0.65. SkyWest, Inc. has a 1 year low of $74.70 and a 1 year high of $123.94. The firm’s 50-day simple moving average is $101.92 and its 200-day simple moving average is $103.74. The firm has a market cap of $4.35 billion, a PE ratio of 10.40, a price-to-earnings-growth ratio of 0.71 and a beta of 1.65.

SkyWest (NASDAQ:SKYW) last announced its quarterly earnings data on Thursday, January 29th. The transportation company reported $2.21 earnings per share for the quarter, missing the consensus estimate of $2.25 by ($0.04). SkyWest had a net margin of 10.56% and a return on equity of 16.35%. The firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $993.12 million. During the same period in the prior year, the firm earned $2.34 earnings per share. The firm’s quarterly revenue was up 8.5% compared to the same quarter last year. Equities analysts forecast that SkyWest, Inc. will post 9.01 earnings per share for the current fiscal year.

SkyWest News Roundup

Here are the key news stories impacting SkyWest this week:

• Positive Sentiment: Zacks highlights rising earnings estimates and SkyWest’s planned acceleration of its E175 fleet toward ~300 jets by 2028, a growth thesis analysts point to when arguing for upside. This supports expectations for higher revenue and margins as regional flying expands. Here’s Why Investors Should Bet on SkyWest Stock Right Now
• Positive Sentiment: Technical momentum: multiple Zacks pieces note SKYW recently cleared important technical resistance (20‑day and 200‑day moving averages), supporting short‑ and longer‑term bullish flows and trend‑following buying. SkyWest Just Overtook the 200-Day Moving Average
• Positive Sentiment: Analyst sentiment: a Zacks roundup shows a consensus price‑target upside (reported ~25.9% potential) and several bullish analyst notes — that can attract buy-side interest and support further appreciation. Wall Street Analysts Think SkyWest Could Surge 25.91%
• Neutral Sentiment: Route expansion: local outlets report SkyWest inaugurated new service at Barkley Regional Airport (multiple inaugural flights covered). New markets are incremental revenue opportunities but small in scale relative to the whole network. SkyWest Airlines begins new service at Barkley Regional Airport
• Neutral Sentiment: Operational note: one Barkley inaugural flight experienced a technical delay but later landed; local coverage frames this as a minor glitch rather than a systemic safety issue. Barkley Regional Airport inaugural flight sees technical delay
• Negative Sentiment: Industry/legal risk: an MSN report describes an airline suing two pilots for allegedly hacking a computer system to access coworkers’ personal data. If similar issues emerged at SkyWest this would be a reputational and legal risk; the article does not explicitly tie the case to SkyWest but raises sectoral governance/security concerns. Airline Sues 2 Pilots After They Allegedly Hacked Computer System

Insider Buying and Selling

In related news, insider Wade J. Steel sold 7,371 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $107.56, for a total transaction of $792,824.76. Following the sale, the insider directly owned 98,067 shares of the company’s stock, valued at approximately $10,548,086.52. This represents a 6.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Meredith Siegfried Madden sold 4,725 shares of SkyWest stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $106.54, for a total transaction of $503,401.50. Following the completion of the transaction, the director directly owned 25,362 shares of the company’s stock, valued at approximately $2,702,067.48. This represents a 15.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.00% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts have recently weighed in on SKYW shares. TD Cowen decreased their target price on shares of SkyWest from $132.00 to $122.00 and set a “buy” rating for the company in a research note on Monday, January 26th. Wall Street Zen lowered shares of SkyWest from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. Cantor Fitzgerald set a $122.00 target price on SkyWest in a research note on Monday, January 26th. Citigroup began coverage on SkyWest in a research report on Thursday, December 4th. They set a “neutral” rating and a $112.00 target price on the stock. Finally, Zacks Research downgraded SkyWest from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 16th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $123.83.

SkyWest Company Profile

SkyWest, Inc (NASDAQ: SKYW) is a regional airline holding company that provides air transportation services through its primary subsidiary, SkyWest Airlines. The company operates flights under capacity purchase agreements with major carriers such as United Airlines, Delta Air Lines, American Airlines and Alaska Airlines. By specializing in regional connectivity, SkyWest links smaller communities to larger hubs using a fleet of regional jets and turboprop aircraft.

Headquartered in St. George, Utah, SkyWest oversees all aspects of its airline operations, including flight scheduling, crew training and aircraft maintenance.