SKAS 10% Owner Howard Timothy Eriksen Buys $70K of Stock
Key Points
- Ten percent owner Howard Timothy Eriksen purchased 12,700 shares of Saker Aviation Services, Inc. on October 20, 2026, for a total value of $70,104.
- The purchase increased Eriksen's total holdings in the aviation services firm to 185,503 shares, representing a 7.35% increase in his position.
- Saker Aviation Services, Inc. recently traded around $5.51 per share, sitting below both its 50-day and 200-day moving averages.
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Howard Timothy Eriksen, a 10% owner of Saker Aviation Services, Inc. (SKAS), bought 12,700 shares of the company on October 20, 2026. The transaction was revealed in a Form 4 filing with the Securities and Exchange Commission.
SKAS
Saker Aviation Services, Inc.
Howard Timothy Eriksen vs. the S&P 500
Hypothetical returns from Howard Timothy Eriksen's disclosed trades, not real profit or advice. How we model this.
Inside Howard Timothy Eriksen's Saker Aviation Trade
According to the regulatory filing, Eriksen acquired the shares at a price of $5.52 each, totaling $70,104. This purchase follows an earlier buy on August 14, 2026, when he picked up 5,500 shares at $5.84 apiece. Following the October transaction, Eriksen's direct holdings grew to 185,503 shares, marking a 7.35% increase in his stake. The trade was executed in the open market and was not part of a pre-arranged Rule 10b5-1 trading plan.
Saker Aviation Services, Inc. Stock Up 6.9%
The stock recently traded around $5.51 per share as of October 21, 2026. Shares sit roughly 24.0% below their 52-week high of $7.25 and about 10.2% above their 52-week low of $5.00. The price is also positioned lower than its 50-day moving average of $6.08 and its 200-day moving average of $6.57.
Recent Earnings
For the trailing twelve months, Saker Aviation reported revenue of $35,000 and basic earnings per share of negative $0.54. The company generated a return on equity of negative 6.3% during the period.
Insider Buying and Selling at Saker Aviation Services, Inc.
Insider activity prior to Eriksen's latest purchase included transactions from other major stakeholders and executives. On April 28, 2025, Chief Executive Officer William B. Wachtel bought 108,817 shares at $8.63 per share for a total value of $939,091. On the same date, Director and 10% owner Marc Chodock disposed of 108,817 shares at $8.63 each, totaling $939,091.
About Saker Aviation Services, Inc.
Saker Aviation Services, Inc. operates in the air services and financial advisory sectors, helping clients navigate business needs. Founded in 2003 and headquartered in New York, the firm has a lean team of employees managing its operations. Insider transactions from major owners like Eriksen continue to draw attention to the micro-cap stock as it trades in the public markets.
Bottom Line
Investors tracking Saker Aviation Services will want to monitor future SEC filings to see if major stakeholders continue adjusting their positions. The company's next earnings release will provide further details on its financial progress.
Related Filing Alerts
Source: Howard Timothy Eriksen's Form 4 filing on $SKAS (Oct 20, 2026). Written by software, not financial advice. How we make alerts