SKYX Platforms (SKYX) President Mark Sells $6.1K of Stock
Steven Mark Schmidt sold 5,930 shares on June 30, 2026, as the stock trades near its 52-week low.
Reviewed by automated data checks against the source filing. How we make and check alerts
Schmidt Steven Mark, President at SKYX Platforms Corp. ($SKYX), sold 5,930 shares at an average price of $1.03, worth about $6,107.90, on June 30, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $SKYX is down 5.5% after 1 week, up 0.9% after 1 month and down 12.7% to date (from the $1.10 close on Jun 30, 2026).
SKYX
SKYX Platforms Corp.
Key Points
- President Steven Mark Schmidt sold 5,930 shares of SKYX Platforms Corp. for about $6,107.90 on June 30, 2026.
- The stock closed at $1.27 the previous day but has been trading around $1.10 recently, reflecting the company's struggles.
- Analysts maintain a strong buy rating on the stock with a price target of $4.00, despite recent challenges.
Get $SKYX trade alerts by text
We text you when insiders, Congress or big funds trade $SKYX. Free.
Not investment advice. EarningsIQ is not a registered investment adviser, and this automated SKYX Platforms Corp. alert may contain errors. Disclosures
Insider Buying and Selling at SKYX Platforms Corp.
President Steven Mark Schmidt sold 5,930 shares of SKYX Platforms Corp. (NasdaqCM: SKYX) on June 30, 2026. The shares were sold at an average price of $1.03 each, totaling approximately $6,107.90. This trade reflects Schmidt's ongoing management of his stake in the company as it continues to navigate challenging market conditions.
Details of the Transaction
Schmidt's sale of 5,930 shares on June 30 comes as a non-planned transaction. This sale signifies a shift in his holdings, as he continues to manage his ownership in the company. The total number of shares held after the transaction was not disclosed, but this sale is notable as it represents a considerable move relative to typical insider activity.
Analysts Set New Price Targets
On August 13, 2026, Lake Street maintained its buy rating on SKYX Platforms Corp. with a price target of $4.00. This suggests that analysts see potential upside despite the company's current difficulties. The target has been revised from a previous high of $5.00, indicating a cautious outlook as the company works through its challenges. The consensus from seven analysts shows optimism about the stock's future.
How SKYX Stock Has Traded
As of the day of the sale, SKYX was trading at approximately $1.10, near its 52-week low of $0.95. This position may suggest that the stock is under pressure but has the potential for recovery if the company can execute its growth strategies. The current market cap stands at about $170.6 million, indicating its relatively small size within the industrial sector. With a forward P/E of -11.45, the company is not profitable at this time, which adds to the focus on its future performance.
What SKYX Does
SKYX Platforms Corp. is an industrial firm based in Pompano Beach, Florida, that specializes in safe-smart platform technologies. The company offers innovative electrical products that allow for easier installation and smart features in lighting and ceiling fans. As it evolves, insider actions like Schmidt's can provide insights into management's confidence in its strategic direction.
What's Ahead for SKYX
Investors should keep an eye on upcoming earnings, with the next report scheduled for November 12, 2026. The insider sale on June 30 may indicate a strategic recalibration, although it is essential to consider that insider transactions can occur for various reasons. This insider trade is part of the backward-looking information captured in the periodic filings with the SEC, which may not fully reflect current ownership dynamics.
Related Filing Alerts
Source: Schmidt Steven Mark's Form 4 filing on $SKYX (Jun 30, 2026). Find the original filing: SKYX Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts