U S Global Investors 13F: Cuts SkyWest (SKYW) Stake by $2.7M
Key Points
- U S Global Investors trimmed its SkyWest, Inc. position by 8.4% to hold 305,130 shares valued at about $29.6 million.
- SkyWest shares recently traded around $93.03, sitting below their 50-day and 200-day moving averages ahead of October 29 earnings.
- Several company insiders sold shares over the summer, while institutional peers like American Century adjusted positions.
Since the filing, $SKYW is down 2.8% to date (from the $95.73 close on Oct 22, 2026).
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U S Global Investors trimmed its position in SkyWest, Inc. (NASDAQ: SKYW) by 8.4% during the third quarter, according to a Form 13F filing with the SEC on October 22, 2026.
SKYW
SkyWest, Inc.
What Changed in U S Global Investors's SkyWest, Inc. Position
The fund sold 27,957 shares of the regional airline operator during the period. That left it with 305,130 shares at the end of the quarter, down from 333,087 shares previously. The remaining stake carried a reported value of $29,573,200.
Other Institutional Activity in SkyWest, Inc.
Other large institutional investors adjusted their holdings in the airline as well. American Century Companies Inc grew its holdings by 326,955 shares, ending with 2,252,482 shares worth about $209,548,397. Fuller & Thaler Asset Management Inc. trimmed its stake by 10,641 shares, finishing the period with 1,171,725 shares valued at $109,005,575. SW Investment Management, LLC added 99,991 shares to hold 1,000,000 shares worth approximately $93,029,998.
SkyWest, Inc. Stock Down 1.3%
Shares of SkyWest recently traded around $93.03 as of October 24, 2026. The stock sits below its 50-day moving average of $97.88 and its 200-day moving average of $96.15. Over the past 52 weeks, the shares have traded as low as $77.89 and as high as $117.72.
Recent Earnings
For the trailing twelve months, SkyWest reported $4,190,448,128 in revenue and earnings of $10.21 per share. The company posted a net margin of 9.8% alongside a return on equity of 15.3%. Its next quarterly earnings release is scheduled for October 29, 2026.
Insider Buying and Selling at SkyWest, Inc.
Company insiders completed several stock sales prior to the filing. Chief Executive Officer Russell A. Childs disposed of 50,500 shares on July 28, 2026, for a total value of $5,717,344. Chief Financial Officer Robert J. Simmons sold 25,000 shares on July 29, 2026, valued at $2,762,131. Officer Greg Wooley parted with 17,726 shares at an average price of $108.55 on July 30, 2026, totaling $1,924,173. Officer Wade J. Steel sold 22,000 shares on August 3, 2026, at an average price of $111.44 for a total of $2,451,676.
Analysts Set New Price Targets
Wall Street research firms updated their outlooks on the carrier over the summer and early fall. On June 26, 2026, Citigroup maintained a neutral rating with a $105.00 price target, up from $95.00. TD Cowen maintained a buy rating on July 2, 2026, raising its target to $115.00 from $98.00. Goldman Sachs downgraded the stock to neutral on July 2, 2026, lowering its target to $108.00 from $126.00. TD Cowen later kept a buy rating while lifting its target to $123.00 on August 24, 2026, and then adjusted its target to $116.00 on October 2, 2026. Across six analyst opinions, the stock carries a consensus mean price target of $125.33.
About SkyWest, Inc.
Based in Saint George, Utah, SkyWest operates a regional airline network across the United States through its carrier and leasing segments. The company partners with major airlines to provide passenger flights, while also leasing regional jets and offering ground handling services.
Bottom Line
Investors will watch the upcoming earnings report on October 29, 2026, for updated financial metrics and traffic numbers. Future institutional filings will show whether other funds follow U S Global Investors in trimming exposure.
Related Filing Alerts
Source: U S Global Investors's 13F filing on $SKYW (Oct 22, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts