Insider Selling: Skyline Co. (NYSEAMERICAN:SKY) SVP Sells 11,081 Shares of Stock

Skyline Co. (NYSEAMERICAN:SKY) SVP Roger K. Scholten sold 11,081 shares of the firm’s stock in a transaction that occurred on Tuesday, August 7th. The shares were sold at an average price of $22.00, for a total transaction of $243,782.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Roger K. Scholten also recently made the following trade(s):

  • On Friday, August 10th, Roger K. Scholten sold 1,662 shares of Skyline stock. The shares were sold at an average price of $22.00, for a total transaction of $36,564.00.

Shares of SKY stock traded down $0.11 during trading hours on Friday, hitting $28.91. 179,300 shares of the company’s stock were exchanged, 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.

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

Several hedge funds have recently bought and sold shares of SKY. O Shaughnessy Asset Management LLC purchased a new position in shares of Skyline during the first quarter worth approximately $117,000. Barclays PLC purchased a new position in shares of Skyline during the first quarter worth approximately $187,000. California Public Employees Retirement System purchased a new position in shares of Skyline during the first quarter worth approximately $218,000. Sather Financial Group Inc purchased a new position in shares of Skyline during the first quarter worth approximately $220,000. Finally, Rhumbline Advisers purchased a new position in shares of Skyline during the second quarter worth approximately $289,000.

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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