SKYW - SkyWest Insider Trades Send A Signal | Benzinga
On June 4, a recent SEC filing unveiled that Eric Woodward, Chief Accounting Officer at SkyWest (NASDAQ:SKYW) made an insider sell.
What Happened: Woodward's recent Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday unveiled the sale of 5,000 shares of SkyWest. The total transaction value is $402,800.
The latest update on Wednesday morning shows SkyWest shares up by 1.83%, trading at $80.07.
Unveiling the Story Behind SkyWest
SkyWest Inc offers commercial air services in the United States, Canada, Mexico, and the Caribbean. Additionally, it leases aircraft to capable users to help generate revenue. Generally, SkyWest provides regional flights, and utilizes its smaller, lower-cost aircraft to carry passengers that booked tickets through airlines. It partners with carriers across the world to fly and operate aircraft for a fee. SkyWest may use the carriers brand and ground support to coordinate marketing and easily transport passengers. The company has two reportable segments: SkyWest Airlines and SkyWest Leasing.
Unraveling the Financial Story of SkyWest
Revenue Growth: SkyWest's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of ...