The President & CEO of SkyWest is Exercising Options


Yesterday it was reported that the President & CEO of SkyWest (NASDAQ: SKYW), Russell Childs, exercised options to sell 17,056 SKYW shares at $13.19 a share, for a total transaction value of $1.02M.

Following Russell Childs’ last SKYW Sell transaction on November 22, 2017, the stock climbed by 9.3%. In addition to Russell Childs, 2 other SKYW executives reported Sell trades in the last month.

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SKYW’s market cap is $3.11B and the company has a P/E ratio of 6.66. Currently, SkyWest has an average volume of 211.9K.

One of the top 25 analysts, according to TipRanks.com, recently recommended Buy SKYW with a $66 price target. Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $64.67, reflecting a -8.1% downside.

The insider sentiment on SkyWest has been negative according to 44 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Russell Childs’ trades have generated a -20.3% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Sky West, Inc. is a holding company, which engages in the provision of scheduled passenger services in the United States of America, Canada, Mexico and the Caribbean. It operates through the following segments: SkyWest Airlines, ExpressJet, and SkyWest Leasing.

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