Monday, November 20, 2017 10:15 PM ET
SkyWest (SKYW) Insider Makes Significant Share Sale
A filing with the SEC today indicated a substantial insider sale of SkyWest shares as — Jerry C Atkin, Director — sold 110,000 shares in the company having a market value of approximately $5,291,000. This is the first insider buy/sell trade in the past 90 days.
SkyWest level of buy-sell trading activity is close to the 28 member peer company average. The Airlines peer group saw 17 buy/sell trades during this period for an average of 0.6 transactions per company. However, the number of shares per buy/sell trade transacted by SkyWest insiders is higher. Within the peer group there were 29,000 shares purchased and 33,758 shares sold with company insiders disposing of 280 shares on average.
The data sourced in creating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.
Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.
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