Have Insiders Sold SkyWest Shares Recently?
SkyWest CEO Russell Childs recently sold US$5.7 million worth of company shares, reducing his holding by 12%. While this was the largest insider sale in the past year, the shares were sold at a price close to the current market value. Despite no insider purchases in the last 12 months, the company is profitable and growing, and insiders still retain a 1.7% ownership, indicating some alignment with shareholders.
Why it matters
Attributed market update with source link for portfolio context.