Starfighters Space, Inc. (NYSEAMERICAN:FJET – Get Free Report) major shareholder Richard William Svetkoff sold 50,000 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $7.50, for a total transaction of $375,000.00. Following the completion of the transaction, the insider owned 13,467,135 shares in the company, valued at approximately $101,003,512.50. This represents a 0.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Richard William Svetkoff also recently made the following trade(s):
- On Tuesday, August 4th, Richard William Svetkoff sold 30,092 shares of Starfighters Space stock. The shares were sold at an average price of $3.95, for a total transaction of $118,863.40.
- On Thursday, June 4th, Richard William Svetkoff sold 94,908 shares of Starfighters Space stock. The stock was sold at an average price of $10.24, for a total transaction of $971,857.92.
Starfighters Space Stock Performance
Shares of FJET stock traded down $0.16 during midday trading on Monday, hitting $3.32. 739,418 shares of the company were exchanged, compared to its average volume of 1,527,141. Starfighters Space, Inc. has a 52 week low of $3.28 and a 52 week high of $31.50. The firm has a market capitalization of $182.60 million and a P/E ratio of -3.73. The firm’s 50 day moving average price is $4.16 and its two-hundred day moving average price is $5.67. The company has a debt-to-equity ratio of 0.01, a quick ratio of 11.95 and a current ratio of 11.94.
Hedge Funds Weigh In On Starfighters Space
Hedge funds have recently bought and sold shares of the business. Goldman Sachs Group Inc. bought a new position in Starfighters Space during the fourth quarter worth about $1,322,000. Cerity Partners LLC bought a new stake in Starfighters Space in the 4th quarter valued at about $718,000. Elevation Point Wealth Partners LLC acquired a new position in shares of Starfighters Space during the 4th quarter worth approximately $116,000. Jane Street Group LLC acquired a new position in shares of Starfighters Space during the 4th quarter worth approximately $151,000. Finally, Legacy Wealth Managment LLC ID bought a new position in shares of Starfighters Space during the second quarter worth approximately $53,000.
Starfighters Space Company Profile
The Company’s mission statement is to make space accessible to entrepreneurs, researchers, industry, and government at a high cadence and the right cost. Currently, Starfighters operates the world’s only commercial fleet of flight-ready F-104 supersonic aircraft (“Lockheed F-104”). The Lockheed F-104 was developed as a supersonic aircraft for the United States Armed Forces. The single engine interceptor was favoured for its maximum altitude and climb performance. It was the first production aircraft to reach over MACH 2 in sustained, level flight, which was one of the key criteria as to why the NASA used the Lockheed F-104 for high-speed flight research at the Dryden Flight Research Center.
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