Satellogic (NASDAQ:SATL) CEO Emiliano Kargieman Sells 11,040 Shares of Stock

Satellogic Inc. (NASDAQ:SATLGet Free Report) CEO Emiliano Kargieman sold 11,040 shares of the business’s stock in a transaction that occurred on Tuesday, October 14th. The stock was sold at an average price of $4.00, for a total transaction of $44,160.00. Following the completion of the transaction, the chief executive officer owned 1,606,603 shares of the company’s stock, valued at approximately $6,426,412. The trade was a 0.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Emiliano Kargieman also recently made the following trade(s):

  • On Wednesday, October 15th, Emiliano Kargieman sold 283,121 shares of Satellogic stock. The stock was sold at an average price of $4.08, for a total transaction of $1,155,133.68.
  • On Friday, October 10th, Emiliano Kargieman sold 1,836 shares of Satellogic stock. The stock was sold at an average price of $4.03, for a total transaction of $7,399.08.
  • On Thursday, October 9th, Emiliano Kargieman sold 314,767 shares of Satellogic stock. The stock was sold at an average price of $4.09, for a total transaction of $1,287,397.03.
  • On Wednesday, October 8th, Emiliano Kargieman sold 85,700 shares of Satellogic stock. The stock was sold at an average price of $4.03, for a total transaction of $345,371.00.
  • On Tuesday, September 23rd, Emiliano Kargieman sold 130 shares of Satellogic stock. The stock was sold at an average price of $4.00, for a total transaction of $520.00.
  • On Tuesday, September 16th, Emiliano Kargieman sold 17,380 shares of Satellogic stock. The stock was sold at an average price of $3.75, for a total transaction of $65,175.00.
  • On Monday, September 15th, Emiliano Kargieman sold 209,413 shares of Satellogic stock. The stock was sold at an average price of $3.85, for a total transaction of $806,240.05.
  • On Friday, September 12th, Emiliano Kargieman sold 435,956 shares of Satellogic stock. The stock was sold at an average price of $3.94, for a total transaction of $1,717,666.64.
  • On Thursday, September 11th, Emiliano Kargieman sold 60,416 shares of Satellogic stock. The stock was sold at an average price of $3.77, for a total transaction of $227,768.32.
  • On Wednesday, September 10th, Emiliano Kargieman sold 80,951 shares of Satellogic stock. The stock was sold at an average price of $3.77, for a total transaction of $305,185.27.

Satellogic Stock Down 29.7%

NASDAQ:SATL opened at $2.91 on Friday. Satellogic Inc. has a 12 month low of $0.93 and a 12 month high of $5.49. The company has a 50 day simple moving average of $3.59 and a two-hundred day simple moving average of $3.64.

Satellogic (NASDAQ:SATLGet Free Report) last posted its earnings results on Tuesday, August 12th. The company reported ($0.06) EPS for the quarter. The business had revenue of $4.44 million for the quarter.

Institutional Investors Weigh In On Satellogic

Hedge funds have recently modified their holdings of the business. New York State Common Retirement Fund bought a new stake in shares of Satellogic during the 2nd quarter valued at $97,000. Bank of America Corp DE bought a new stake in shares of Satellogic during the 2nd quarter valued at $88,000. The Manufacturers Life Insurance Company bought a new stake in shares of Satellogic during the 2nd quarter valued at $87,000. LMR Partners LLP bought a new stake in shares of Satellogic during the 2nd quarter valued at $30,000. Finally, Legal & General Group Plc bought a new stake in shares of Satellogic during the 2nd quarter valued at $27,000. Institutional investors own 17.58% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Satellogic in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Satellogic presently has an average rating of “Sell”.

View Our Latest Stock Analysis on SATL

Satellogic Company Profile

(Get Free Report)

Satellogic Inc operates as an integrated geospatial company in the Asia Pacific, North America, and internationally. It engages in tasking satellites with monitoring assets and keeping up with their changing reality for government and commercial customers; control satellites on top of specific areas of interest for governments; and sale and support satellites.

Further Reading

Insider Buying and Selling by Quarter for Satellogic (NASDAQ:SATL)

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