William Blair Investment Management LLC Takes $15.30 Million Position in SkyWest, Inc. $SKYW

Posted by Brian Himes on Aug 23rd, 2026

William Blair Investment Management LLC bought a new position in SkyWest, Inc. (NASDAQ:SKYW – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 154,041 shares of the transportation company’s stock, valued at approximately $15,301,000.

A number of other large investors have also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd grew its holdings in SkyWest by 480.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 261 shares of the transportation company’s stock valued at $26,000 after purchasing an additional 216 shares during the last quarter. Public Employees Retirement System of Ohio bought a new stake in SkyWest in the first quarter worth about $26,000. Transamerica Financial Advisors LLC lifted its stake in SkyWest by 273.6% in the fourth quarter. Transamerica Financial Advisors LLC now owns 269 shares of the transportation company’s stock worth $27,000 after purchasing an additional 197 shares during the last quarter. Johnson Financial Group Inc. purchased a new position in shares of SkyWest during the third quarter valued at approximately $62,000. Finally, EverSource Wealth Advisors LLC boosted its position in shares of SkyWest by 118.5% during the second quarter. EverSource Wealth Advisors LLC now owns 625 shares of the transportation company’s stock valued at $64,000 after buying an additional 339 shares during the period. 81.30% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at SkyWest

In related news, CEO Russell A. Childs sold 50,500 shares of the stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $113.21, for a total value of $5,717,105.00. Following the transaction, the chief executive officer owned 346,190 shares of the company’s stock, valued at $39,192,169.90. This represents a 12.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Greg Wooley sold 17,726 shares of the firm’s stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $108.55, for a total value of $1,924,157.30. Following the transaction, the vice president owned 53,323 shares in the company, valued at $5,788,211.65. The trade was a 24.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 115,226 shares of company stock worth $12,855,192 in the last ninety days. 1.50% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

SKYW has been the topic of several recent analyst reports. Citigroup increased their price target on SkyWest from $95.00 to $105.00 and gave the stock a “neutral” rating in a report on Friday, June 26th. The Goldman Sachs Group cut SkyWest from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $126.00 to $115.00 in a report on Thursday, July 2nd. TD Cowen upped their price objective on SkyWest from $98.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Finally, Weiss Ratings upgraded SkyWest from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $119.40.

View Our Latest Report on SkyWest

SkyWest Trading Up 0.3%

Shares of SKYW opened at $101.09 on Friday. The firm has a market capitalization of $3.93 billion, a price-to-earnings ratio of 10.05, a PEG ratio of 1.45 and a beta of 1.46. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.57 and a quick ratio of 0.46. SkyWest, Inc. has a 1-year low of $77.89 and a 1-year high of $123.94. The company has a 50-day moving average of $101.51 and a 200 day moving average of $95.67.

SkyWest (NASDAQ:SKYW – Get Free Report) last issued its earnings results on Thursday, July 23rd. The transportation company reported $2.54 EPS for the quarter, missing analysts’ consensus estimates of $2.70 by ($0.16). The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.11 billion. SkyWest had a return on equity of 14.58% and a net margin of 9.78%.SkyWest’s revenue was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.91 earnings per share. On average, research analysts expect that SkyWest, Inc. will post 10.69 EPS for the current year.

SkyWest announced that its board has authorized a stock repurchase plan on Thursday, July 23rd that permits the company to repurchase $250.00 million in shares. This repurchase authorization permits the transportation company to repurchase up to 6.6% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

About SkyWest

(Free Report)

SkyWest, Inc (NASDAQ: SKYW) is a regional airline holding company that provides air transportation services through its primary subsidiary, SkyWest Airlines. The company operates flights under capacity purchase agreements with major carriers such as United Airlines, Delta Air Lines, American Airlines and Alaska Airlines. By specializing in regional connectivity, SkyWest links smaller communities to larger hubs using a fleet of regional jets and turboprop aircraft.

Headquartered in St. George, Utah, SkyWest oversees all aspects of its airline operations, including flight scheduling, crew training and aircraft maintenance.