SkyAI 10% owner Bastion Trading buys $78,262 in SKYA stock

Investing.com reports that Bastion Trading Ltd, a 10% owner and director of SkyAI, Inc., purchased 44,000 shares of the company's common stock on October 7, 2026, for a total of $78,262. The shares were acquired at a weighted average price of $1.7787, with individual transaction prices ranging from $1.7700 to $1.7900. The current stock price of SKYA is $1.82, resulting in a market cap of $72.64 million.

This insider purchase follows a 69% decline in the stock's price over the past year. Despite this downward trend, InvestingPro analysis suggests that the shares are undervalued at their current levels. The reporting group, which includes Bastion Trading, Bastion Holdings Limited, Lucio Holding Limited, and Wei Zhu, collectively holds more than 10% of SkyAI's outstanding common stock.

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