Satellogic Inc. (NASDAQ:SATL – Get Free Report) CTO Alan Kharsansky sold 87,091 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $8.35, for a total value of $727,209.85. Following the sale, the chief technology officer owned 47,785 shares in the company, valued at $399,004.75. The trade was a 64.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Satellogic Stock Up 0.6%
NASDAQ SATL traded up $0.06 on Wednesday, hitting $9.72. 9,679,668 shares of the stock traded hands, compared to its average volume of 10,603,486. The stock has a 50-day moving average of $6.22 and a 200 day moving average of $3.89. Satellogic Inc. has a twelve month low of $1.25 and a twelve month high of $10.19. The company has a market capitalization of $1.39 billion, a P/E ratio of -12.96 and a beta of 1.06. The company has a current ratio of 2.44, a quick ratio of 2.41 and a debt-to-equity ratio of 0.93.
Satellogic (NASDAQ:SATL – Get Free Report) last announced its quarterly earnings data on Tuesday, March 31st. The company reported ($0.84) earnings per share (EPS) for the quarter. The firm had revenue of $6.11 million for the quarter. Satellogic had a negative net margin of 443.06% and a negative return on equity of 100.03%. As a group, analysts expect that Satellogic Inc. will post -0.11 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Satellogic
Wall Street Analyst Weigh In
SATL has been the topic of a number of research reports. Zacks Research upgraded Satellogic to a “hold” rating in a research report on Thursday, February 19th. Citigroup reiterated an “outperform” rating on shares of Satellogic in a research report on Wednesday, May 13th. Wall Street Zen cut Satellogic from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Craig Hallum initiated coverage on Satellogic in a report on Wednesday, January 21st. They issued a “buy” rating and a $5.00 price objective for the company. Finally, Weiss Ratings raised Satellogic from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, May 13th. Five investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $7.70.
Check Out Our Latest Report on Satellogic
About Satellogic
Satellogic Inc is a NewSpace company specializing in the design, manufacture and operation of a low‐Earth‐orbit (LEO) microsatellite constellation. The company’s satellites capture high‐resolution multispectral imagery, enabling detailed monitoring of agricultural, forestry, maritime, energy and infrastructure assets. Satellogic’s vertically integrated model covers end‐to‐end capabilities, from satellite development and deployment to data processing and analytics, allowing clients to access imagery and insights on demand.
Key offerings include geospatial data products, analytics services and software tools that leverage machine learning algorithms to interpret changes on Earth’s surface.
Featured Articles
- Five stocks we like better than Satellogic
- From Zepbound to Foundayo: Lilly’s Latest Results Support Oral GLP-1 Outlook
- AI Consolidation Begins: Blackstone & Google Forge an AI Empire
- USA Rare Earth Posts Strong Q1 2026 as Massive Serra Vera Deal Looms
- 3 Space Infrastructure Stocks Gaining Momentum Ahead of the SpaceX IPO
Receive News & Ratings for Satellogic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Satellogic and related companies with MarketBeat.com's FREE daily email newsletter.
