Flag Ship Acquisition (NASDAQ:FSHP) Major Shareholder Sells 85,000 Shares of Stock

Posted by Brian Himes on Aug 18th, 2026

Flag Ship Acquisition Corporation (NASDAQ:FSHP – Get Free Report) major shareholder Mizuho Securities Usa Llc sold 85,000 shares of Flag Ship Acquisition stock in a transaction on Monday, August 17th. The stock was sold at an average price of $11.23, for a total transaction of $954,550.00. Following the sale, the insider directly owned 315,000 shares in the company, valued at $3,537,450. This trade represents a 21.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Flag Ship Acquisition Stock Performance

NASDAQ:FSHP traded down $0.08 on Tuesday, reaching $11.15. The stock had a trading volume of 85,011 shares, compared to its average volume of 19. The company has a 50-day moving average of $11.17 and a 200 day moving average of $11.02. Flag Ship Acquisition Corporation has a 12-month low of $10.50 and a 12-month high of $12.00.

Flag Ship Acquisition (NASDAQ:FSHP – Get Free Report) last announced its earnings results on Friday, May 29th. The company reported $0.05 earnings per share (EPS) for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut Flag Ship Acquisition from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, June 11th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Flag Ship Acquisition presently has an average rating of “Sell”.

View Our Latest Stock Report on FSHP

Hedge Funds Weigh In On Flag Ship Acquisition

A hedge fund recently bought a new position in Flag Ship Acquisition stock. Toronto Dominion Bank purchased a new position in shares of Flag Ship Acquisition Corporation (NASDAQ:FSHP – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,480 shares of the company’s stock, valued at approximately $37,000. Toronto Dominion Bank owned about 0.07% of Flag Ship Acquisition as of its most recent filing with the Securities and Exchange Commission (SEC).

Flag Ship Acquisition Company Profile

(Get Free Report)

Flag Ship Acquisition Corporation does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization with one or more businesses. The company intends to acquire businesses in Internet and high technology, financial technology, clean energy, health care, consumer and retail, energy and resources, food processing, manufacturing, and education sectors. Flag Ship Acquisition Corporation was incorporated in 2018 and is based in New York, New York.