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1 insider bought €90k of shares over the last 90 days, the latest by Eriksen Howard Timothy, filed 21 Oct 2026.
Saker Aviation Services, Inc.: what insiders have been doing
Saker Aviation Services, Inc. belongs to the Industry sector. Filings by its managers are published through SEC (Form 4). 2 insiders have disclosed 4 filings since 24 October 2025.
The flow runs one way only: 1 insider bought (2 purchases totalling €90k) and nobody sold on the market. Unlike grants, an open-market purchase is paid for by the insider, at the market price. On the buying side, the filings list 1 major shareholder among the declarants. Biggest ticket of the year: €62k, bought by Eriksen Howard Timothy and made public on 21 October 2026 (1.3% of market cap).
The latest purchase is recent: it was published 3 days ago, on 21 October 2026. Typically, a trade is published a median of 2 days after it takes place. The legal deadline for a Form 4 is two business days after the transaction.
Across the 282 companies tracked on its exchange, the median is 8 filings; at 4 filings, this issuer sits below that mark. Since 2006, the database holds 6 purchases and 2 sales by insiders of the company. The 10-K for the year ended 31 December 2025 shows 1.3 m USD of revenue and -1.1 m USD of net income.
Elsewhere in the same sector, our signals recently picked up insider purchases at Bolloré SE and Auroora Yhtiöt Oyj. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
Insider Decl.
57
Thresholds
n/a
Buy Volume
€971,136
6 ops. · all time
Sell Volume
€827,771
2 ops. · all time
Who traded when
BuySaleHoward Timothy Eriksen2 buys
Marc Chodock1 sale
William B. Wachtel1 buy
Since the insiders bought
- +15.0%Entry US$5.65 · Close 22 Oct 2026 US$6.50
- -15.5%Entry US$7.99 · Close at T+365 US$6.75
- +223.1%Entry US$1.95 · Close at T+365 US$6.30
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Fundamental score
Ranked 23,779 of 26,289 companies
21.3
score / 100
Value15
Quality28
FCF yld-9.3%
Earn yld-17%
EV/EBITDA·
ROE-6.3%
Gross mgn41%
Net mgn-86%
Debt/EBITDA·
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended December 2025 · cache
US$6.50
Analyst consensus
Income statement
RevenueUS$1.3M
Gross profitUS$516.4k41% margin
EBITDA-US$1.4M-108% margin
Net income-US$1.1M-86.1% margin
Valuation
P/Book0.8x
Beta-0.17
Balance sheet & cash
Market capUS$6.6M
Total debtUS$440.3k
Free Cash Flow-US$610.3k
Profitability & ownership
ROE-6.3%
ROA-6.3%
% insiders45.3%
% institutions16.6%
Last declaration on 21 October 2026
Declarations57 total
12,700 shares@ US$5.521.35% mcap69.2% of flowCommon stockSEC:0001104659-26-117603:0
Canonical exit: 18 Jan 2027 (T+90)
5,500 shares@ US$5.840.51% mcap100.0% of flowCommon stockSEC:0001104659-26-097681:0
Canonical exit: 12 Nov 2026 (T+90)
3,333 shares@ US$3.451.1% of flowCommon StockSEC:0000891839-25-000161:2
3,333 shares@ US$2.580.9% of flowCommon StockSEC:0000891839-25-000161:0
108,817 shares@ US$8.6396.2% of flowCommon StockSEC:0001437749-25-013857:0
Canonical exit: 27 Jul 2025 (T+90)
108,817 shares@ US$8.6397.1% of flowCommon StockSEC:0001437749-25-013527:0
2,296 shares@ US$8.132.0% of flowCommon StockSEC:0001437749-24-036444:1
3,333 shares@ US$5.602.1% of flowCommon StockSEC:0001437749-24-036444:0
1,697 shares@ US$11.002.0% of flowCommon StockSEC:0001437749-24-035578:1
1,697 shares@ US$11.0035.4% of flowCommon StockSEC:0001437749-24-035574:1
1,697 shares@ US$11.0016.7% of flowCommon StockSEC:0001437749-24-035577:1
3,333 shares@ US$5.602.1% of flowCommon StockSEC:0001437749-24-035578:0
3,333 shares@ US$5.6079.1% of flowCommon StockSEC:0001437749-24-035577:0
3,333 shares@ US$5.6070.8% of flowCommon StockSEC:0001437749-24-035574:0
1,054 shares@ US$7.590.8% of flowCommon StockSEC:0001437749-23-033379:1
1,054 shares@ US$7.5914.6% of flowCommon StockSEC:0001437749-23-033376:1
3,333 shares@ US$2.400.9% of flowCommon StockSEC:0001437749-23-033379:0
3,333 shares@ US$2.4029.2% of flowCommon StockSEC:0001437749-23-033376:0
3,333 shares@ US$3.459.9% of flowCommon StockSEC:0001437749-23-033098:4
1,666 shares@ US$6.909.9% of flowCommon StockSEC:0001437749-23-033098:5
1,756 shares@ US$6.15Common StockSEC:0001437749-23-033098:1
3,333 shares@ US$2.40Common StockSEC:0001437749-23-033098:2
1,301 shares@ US$6.15Common StockSEC:0001437749-23-033098:3
3,333 shares@ US$2.400.9% of flowCommon StockSEC:0001437749-23-033100:0
3,333 shares@ US$3.2430.5% of flowCommon StockSEC:0001437749-23-033098:0
25 of 57 declarations
About Saker Aviation Services, Inc.
Saker Aviation Services, Inc. (ticker: SKAS) is a very small U.S.-based listed company quoted on the OTCQB market in the United States rather than NYSE/NASDAQ at this stage. For international investors, the company sits in the niche intersection of aviation infrastructure, general aviation services, and micro-cap special situations. Its historical identity was built around operating aviation facilities and related ground services, most notably the Downtown Manhattan Heliport in New York City. SEC filings indicate that the business was formed in 2003, incorporated in 2004, and renamed Saker Aviation Services, Inc. in 2009. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1128281/000143774925012074/skas20241231_10k.htm?utm_source=openai))
For many years, Saker’s operating model was centered on aviation services tied to a single strategic asset. The company described its activities as serving the general aviation sector, with revenue streams historically associated with fuel sales, ground handling, supplies and services, and broader heliport operations. Earlier filings also referenced prior fixed base operation (FBO), maintenance, repair and overhaul (MRO), and consulting activity in aviation-related assets. This makes SKAS a highly specialized operator with a narrow business footprint rather than a diversified aviation platform. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1128281/000143774923010425/skas20221231_10k.htm?utm_source=openai))
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The key investment development in recent periods has been the loss of its core heliport concession. In March 2025, NYCEDC notified the company that the concession agreement for the Downtown Manhattan Heliport would be terminated effective March 29, 2025, and the company subsequently vacated the site. In its first-quarter 2026 Form 10-Q, Saker disclosed that it no longer operates the heliport and that, beginning in December 2025, it started providing strategic financial advisory services to clients. That is an important strategic pivot, but it is still early-stage and appears to be a rebuild of the revenue base rather than a mature second operating platform. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1128281/000143774925012074/skas20241231_10k.htm?utm_source=openai))
From a competitive standpoint, Saker operates in a very narrow niche where scale is limited and operating permits or municipal concessions can be decisive. Historically, its competitive relevance came from control of a high-profile Manhattan heliport location. Once that concession ended, the company’s economic moat narrowed materially. It now competes less as a traditional aviation operator and more as a special-situation small-cap company seeking new sources of revenue. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1128281/000143774925012074/skas20241231_10k.htm?utm_source=openai))
Geographically, the business has been overwhelmingly U.S.-focused, with operations concentrated in New York. That concentration is a double-edged sword: it created strategic value when the heliport concession was in place, but it also exposed the company to regulatory and contract risk. As of the latest SEC filings, the company is in transition, with limited operations and a newly disclosed advisory-services line. For investors, SKAS should be viewed primarily as a turnaround or optionality story on the OTCQB market in the United States, rather than as a conventional aviation growth stock. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1128281/000143774925012074/skas20241231_10k.htm?utm_source=openai))
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