Skyline Co. (NYSEAMERICAN:SKY) CEO Keith A. Anderson sold 89,378 shares of the company’s stock in a transaction that occurred on Tuesday, September 25th. The shares were sold at an average price of $29.25, for a total transaction of $2,614,306.50. Following the sale, the chief executive officer now directly owns 1,281,596 shares of the company’s stock, valued at $37,486,683. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Keith A. Anderson also recently made the following trade(s):

  • On Tuesday, August 7th, Keith A. Anderson sold 80,637 shares of Skyline stock. The shares were sold at an average price of $22.00, for a total transaction of $1,774,014.00.

SKY stock traded down $1.15 during midday trading on Wednesday, reaching $29.77. 737,800 shares of the company’s stock traded hands, compared to its average volume of 228,647. Skyline Co. has a 52-week low of $10.31 and a 52-week high of $35.65.

SKY has been the subject of a number of research reports. SunTrust Banks initiated coverage on shares of Skyline in a report on Tuesday, September 4th. They set a “hold” rating and a $30.00 target price for the company. Royal Bank of Canada initiated coverage on shares of Skyline in a report on Tuesday, August 28th. They set an “outperform” rating and a $33.00 target price for the company. Finally, Jefferies Financial Group initiated coverage on shares of Skyline in a report on Friday, September 7th. They set a “buy” rating and a $36.00 target price for the company. One research analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $34.00.

A number of hedge funds have recently made changes to their positions in SKY. Northern Trust Corp increased its holdings in Skyline by 24.3% during the first quarter. Northern Trust Corp now owns 25,867 shares of the construction company’s stock valued at $570,000 after buying an additional 5,056 shares during the last quarter. California Public Employees Retirement System bought a new position in shares of Skyline in the first quarter worth approximately $218,000. Gendell Jeffrey L boosted its position in shares of Skyline by 4.0% in the first quarter. Gendell Jeffrey L now owns 1,265,493 shares of the construction company’s stock worth $27,841,000 after purchasing an additional 48,966 shares during the period. RMB Capital Management LLC bought a new position in shares of Skyline in the first quarter worth approximately $3,979,000. Finally, Barclays PLC bought a new position in shares of Skyline in the first quarter worth approximately $187,000.

Skyline Company Profile

Skyline Corporation designs, produces, and markets manufactured housing, modular housing, and park models to independent dealers and manufactured housing communities in the United States and Canada. The company's manufactured housing models include two to four bedrooms, kitchen, dining area, living room, one or two bathrooms, kitchen appliances, and central heating and cooling products, as well as exterior dormers and windows, interior or exterior accent columns, fireplaces, and whirlpool tubs.

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Insider Buying and Selling by Quarter for Skyline (NYSEAMERICAN:SKY)

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