Wade J Steel Executes Sell Order: Offloads $2.01M In SkyWest Stock

A substantial insider sell was reported on July 31, by Wade J Steel, Chief Commercial Officer at SkyWest (NASDAQ:SKYW), based on the recent SEC filing.

What Happened: Steel's recent Form 4 filing with the U.S. Securities and Exchange Commission on Thursday unveiled the sale of 17,000 shares of SkyWest. The total transaction value is $2,010,368.

As of Friday morning, SkyWest shares are down by 4.74%, currently priced at $110.47.

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's brand and ground support to coordinate marketing and easily transport passengers. The company has two reportable segments: SkyWest Airlines, which generates maximum revenue, and SkyWest Leasing.

SkyWest's Economic Impact: An Analysis

Revenue Growth: Over the 3 months period, SkyWest showcased positive performance, achieving a revenue growth rate of 19.39% as of 30 June, 2025. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.

Profitability Metrics:

• Gross Margin: With a high gross margin of 25.25%, the company demonstrates effective cost control and strong profitability relative to its peers.

• Earnings per Share (EPS): SkyWest's EPS is a standout, portraying a positive bottom-line trend that exceeds the industry average with a current EPS of 2.98.

Debt Management: SkyWest's debt-to-equity ratio is below the industry average at 1.0, reflecting a lower dependency on debt financing and a more conservative financial approach.

Valuation Analysis:

• Price to Earnings (P/E) Ratio: SkyWest's P/E ratio of 11.83 is below the industry average, suggesting the stock may be undervalued.

• Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 1.26 as compared to the industry average, the stock might be considered overvalued based on sales performance.

• EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): Indicated by a lower-than-industry-average EV/EBITDA ratio of 10.16, the company suggests a potential undervaluation, which might be advantageous for value-focused investors.

Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.

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Unmasking the Significance of Insider Transactions

Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.

In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.

When a company insider makes a new purchase, that is an indication that they expect the stock to rise.

Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down.

A Deep Dive into Insider Transaction Codes

Navigating through the landscape of transactions, investors often prioritize those unfolding in the open market, precisely detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.

Check Out The Full List Of SkyWest's Insider Trades.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.