Firefly Aerospace (NASDAQ:FLY) General Counsel David Leigh Wheeler Sells 3,765 Shares of Stock

Posted by Stanley Muller on May 20th, 2026

Firefly Aerospace, Inc. (NASDAQ:FLY – Get Free Report) General Counsel David Leigh Wheeler sold 3,765 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $45.12, for a total transaction of $169,876.80. Following the transaction, the general counsel owned 142,758 shares in the company, valued at approximately $6,441,240.96. This trade represents a 2.57% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

David Leigh Wheeler also recently made the following trade(s):

On Friday, April 17th, David Leigh Wheeler sold 3,766 shares of Firefly Aerospace stock. The stock was sold at an average price of $45.04, for a total transaction of $169,620.64.

Firefly Aerospace Stock Performance

Shares of FLY opened at $42.57 on Wednesday. The company’s fifty day moving average is $32.89 and its 200-day moving average is $26.36. Firefly Aerospace, Inc. has a 12 month low of $16.00 and a 12 month high of $73.80. The firm has a market cap of $6.82 billion and a price-to-earnings ratio of -5.22. The company has a quick ratio of 2.53, a current ratio of 2.53 and a debt-to-equity ratio of 0.02.

Firefly Aerospace (NASDAQ:FLY – Get Free Report) last announced its quarterly earnings results on Monday, May 4th. The company reported ($0.46) EPS for the quarter, topping the consensus estimate of ($0.50) by $0.04. The company had revenue of $80.88 million for the quarter. Firefly Aerospace had a negative net margin of 181.16% and a negative return on equity of 40.96%. The business’s revenue for the quarter was up 44.8% compared to the same quarter last year. During the same quarter last year, the company earned ($5.09) EPS. Equities analysts expect that Firefly Aerospace, Inc. will post -1.81 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms recently issued reports on FLY. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $35.00 price objective on shares of Firefly Aerospace in a report on Tuesday, May 5th. Wall Street Zen downgraded shares of Firefly Aerospace from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Morgan Stanley increased their price target on shares of Firefly Aerospace from $33.00 to $37.00 and gave the company an “equal weight” rating in a report on Tuesday, May 5th. The Goldman Sachs Group increased their price target on shares of Firefly Aerospace from $29.00 to $32.00 and gave the company a “neutral” rating in a report on Monday, April 20th. Finally, Cantor Fitzgerald reduced their price target on shares of Firefly Aerospace from $65.00 to $35.00 and set an “overweight” rating for the company in a report on Thursday, March 26th. Six research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $40.56.

View Our Latest Stock Analysis on FLY

Institutional Investors Weigh In On Firefly Aerospace

Hedge funds have recently made changes to their positions in the company. BNP Paribas Financial Markets acquired a new stake in shares of Firefly Aerospace during the 3rd quarter worth about $26,000. CIBC Private Wealth Group LLC acquired a new stake in shares of Firefly Aerospace during the 3rd quarter worth about $26,000. KBC Group NV acquired a new stake in shares of Firefly Aerospace during the 1st quarter worth about $38,000. California State Teachers Retirement System acquired a new stake in Firefly Aerospace in the 4th quarter valued at about $30,000. Finally, Russell Investments Group Ltd. acquired a new stake in Firefly Aerospace in the 4th quarter valued at about $38,000.

About Firefly Aerospace

(Get Free Report)

Firefly Aerospace (NASDAQ:FLY) is a U.S.-based aerospace company that designs, manufactures and operates launch vehicles and in-space systems for commercial, civil and national security customers. The company focuses on providing end-to-end small- and medium-lift launch services, mission integration and spacecraft hardware to support satellite deployment and on-orbit operations.

Firefly’s product portfolio includes the Alpha small launch vehicle, developed to carry small satellites to low Earth orbit, and plans for larger vehicles and in-space capabilities to address a range of payload sizes and mission profiles.