MHProNews has learned from dakotafinancialnews that Richard W. Florea, CEO of Skyline Corp. (NYSE:SKY) purchased 10,000 shares of company stock in a transaction dated Oct. 21, 2015, according to a filing with the Securities and Exchange Commission (SEC). He acquired the stock at an average price of $2.99 per share, for a net of $29,900, and currently owns 11,000 shares.
In trading Friday, Oct. 23, Skyline gained +6.52 percent, more than any of the other MH-related stocks we track, to close out the week at $3.43. The stock has a 50-day moving average of $2.92 and a 200-day moving average of $3.19. The 52-week low for the stock is $2.17 and the 52-week high is $4.30. Market cap for Skyline is $27.02 million.
Skyline produces and markets manufactured and modular homes as well as Park Models and recreational vehicles from its headquarters in Elkhart, Indiana, where it was founded in 1951. ##
(Image credit: Skyline Corp.)
