Skyline Co. (NYSEAMERICAN:SKY) EVP Sells $697,950.00 in Stock

Skyline Co. (NYSEAMERICAN:SKY) EVP Mark J. Yost sold 31,725 shares of the firm’s stock in a transaction dated Tuesday, August 7th. The stock was sold at an average price of $22.00, for a total value of $697,950.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of NYSEAMERICAN SKY traded down $0.11 during trading on Friday, hitting $28.91. The company had a trading volume of 179,300 shares, compared to its average volume of 164,738. Skyline Co. has a 12 month low of $10.31 and a 12 month high of $35.65.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Northern Trust Corp raised its stake in shares of Skyline by 24.3% in the first quarter. Northern Trust Corp now owns 25,867 shares of the construction company’s stock worth $570,000 after buying an additional 5,056 shares during the period. O Shaughnessy Asset Management LLC bought a new position in shares of Skyline in the first quarter worth about $117,000. Rhumbline Advisers bought a new position in shares of Skyline in the second quarter worth about $289,000. Barclays PLC bought a new position in shares of Skyline in the first quarter worth about $187,000. Finally, California Public Employees Retirement System bought a new position in shares of Skyline in the first quarter worth about $218,000.

SKY has been the topic of several recent research reports. Craig Hallum initiated coverage on Skyline in a research note on Thursday, May 24th. They issued a “buy” rating and a $37.00 price objective on the stock. Royal Bank of Canada initiated coverage on Skyline in a research note on Tuesday. They issued an “outperform” rating and a $33.00 price objective on the stock.

About Skyline

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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