Director Keith A Anderson sold 30,000 SKY shares for $2.5M across 3 transactions, leaving 209.3K shares held.
Director Anderson conducted three separate sales totaling 30,000 shares for $2,505,958.15 on and around August 9, 2024, executed at prices ranging from $83.44 to $83.91 (blended average $83.53). The stock is currently trading at $86.17, +0.0% from its 52-week high and +16.0% over the preceding 30 days. Anderson retained 209,324 shares post-transaction, representing a 12.5% reduction from his prior 239,324-share position. Notably, his cross-ticker track record shows a 0.00% well-timed rate on prior sales (average 90-day return of +9.7%), indicating his prior open-market sells have not historically preceded price declines. At the same ticker, his one prior sale on 2023-12-15 similarly produced a +9.7% 90-day return—stock strength after the sale. The company faces material headwinds: annual revenue declined 22.3% year-over-year despite quarterly revenue of $627.8M and net income of $45.8M, resulting in a 35.17 P/E ratio and $5.0B market cap. The sale's modest scale relative to his remaining stake does not clearly signal portfolio distress, yet the timing immediately precedes a stock that has continued climbing.