TPI Composites files for Chapter 11 bankruptcy, plans delisting from Nasdaq
Director James L. Welch of Skywest INC (NASDAQ:SKYW) sold 10,000 shares of common stock on August 12, 2025, for $1.16 million. The shares were sold at prices ranging from $116.00 to $116.39, coming amid the stock’s impressive 64% return over the past year and near its 52-week high of $135.57.
Following the transaction, Welch directly owns 27,717 shares of Skywest. The company, currently valued at $4.7 billion, trades at a P/E ratio of 11.6 and maintains a GREAT financial health score according to InvestingPro analysis, which offers comprehensive insights through its detailed Pro Research Report.
In other recent news, SkyWest Inc. reported impressive second-quarter results for 2025. The company achieved earnings per share of $2.91, surpassing the forecasted $2.36, marking a 23.31% positive surprise. SkyWest also exceeded revenue expectations, reporting $1.03 billion compared to the anticipated $979.38 million. Despite these strong financial results, other developments have raised concerns. The Federal Aviation Administration has been unable to resolve persistent issues with SkyWest’s maintenance practices for over four years, as highlighted in a recent government report. The Transportation Department’s Office of Inspector General noted that FAA safety inspectors have not fully addressed problems related to SkyWest’s remote return to service maintenance practices. These developments are part of the recent news surrounding SkyWest.
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