Skyline Co. (SKY) Major Shareholder Mak Capital One Llc Sells 3,716,058 Shares
Skyline Co. (NYSEAMERICAN:SKY) major shareholder Mak Capital One Llc sold 3,716,058 shares of the stock in a transaction dated Tuesday, September 25th. The shares were sold at an average price of $27.93, for a total transaction of $103,789,499.94. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
Mak Capital One Llc also recently made the following trade(s):
- On Tuesday, August 7th, Mak Capital One Llc sold 2,824,671 shares of Skyline stock. The shares were sold at an average price of $20.79, for a total transaction of $58,724,910.09.
Shares of NYSEAMERICAN SKY opened at $30.92 on Wednesday. Skyline Co. has a 52-week low of $10.31 and a 52-week high of $35.65.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Northern Trust Corp boosted its holdings in shares of Skyline by 24.3% during the 1st quarter. Northern Trust Corp now owns 25,867 shares of the construction company’s stock valued at $570,000 after acquiring an additional 5,056 shares during the last quarter. Rhumbline Advisers purchased a new stake in shares of Skyline during the 2nd quarter valued at about $289,000. Barclays PLC purchased a new stake in shares of Skyline during the 1st quarter valued at about $187,000. California Public Employees Retirement System purchased a new stake in shares of Skyline during the 1st quarter valued at about $218,000. Finally, Thompson Siegel & Walmsley LLC purchased a new stake in shares of Skyline during the 2nd quarter valued at about $350,000.
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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