Richard William Svetkoff Sells 75,000 Shares of Starfighters Space (NYSEAMERICAN:FJET) Stock

Posted by Stanley Muller on Sep 2nd, 2026

Starfighters Space, Inc. (NYSEAMERICAN:FJET – Get Free Report) major shareholder Richard William Svetkoff sold 75,000 shares of the firm’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $5.72, for a total transaction of $429,000.00. Following the transaction, the insider owned 14,095,000 shares of the company’s stock, valued at approximately $80,623,400. This trade represents a 0.53% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions 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 stock was 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 Down 10.5%

FJET stock opened at $2.97 on Wednesday. The firm has a market cap of $163.35 million and a PE ratio of -3.34. Starfighters Space, Inc. has a 12 month low of $2.93 and a 12 month high of $31.50. The company has a debt-to-equity ratio of 0.01, a current ratio of 11.94 and a quick ratio of 11.95. The firm has a 50 day simple moving average of $4.10 and a 200 day simple moving average of $5.64.

Starfighters Space (NYSEAMERICAN:FJET – Get Free Report) last posted its quarterly earnings results on Wednesday, August 19th. The company reported ($0.24) earnings per share (EPS) for the quarter.

Institutional Investors Weigh In On Starfighters Space

Institutional investors and hedge funds have recently modified their holdings of the stock. Goldman Sachs Group Inc. purchased a new stake in Starfighters Space during the fourth quarter valued at about $1,322,000. Cerity Partners LLC acquired a new stake in Starfighters Space during the 4th quarter worth about $718,000. Jane Street Group LLC acquired a new stake in Starfighters Space during the 4th quarter worth about $151,000. Elevation Point Wealth Partners LLC purchased a new position in Starfighters Space during the 4th quarter valued at about $116,000. Finally, Legacy Wealth Managment LLC ID acquired a new position in shares of Starfighters Space in the 2nd quarter valued at about $53,000.

More Starfighters Space News

Here are the key news stories impacting Starfighters Space this week:

Positive Sentiment: Starfighters Space will participate in the September 12–13 AIRSHO at Midland International Air & Space Port, showcasing a flight-ready Mach 2+ F-104. The appearance could raise the company’s visibility among potential customers, investors and partners in defense, aerospace and high-speed flight research. Starfighters Space AIRSHO announcement
Positive Sentiment: A company-published commentary highlights Starfighters’ rare position as the operator of nearly all remaining airworthy Mach 2+ Cold War-era jets. That fleet could support demand for hypersonic testing, high-speed defense research and next-generation spaceflight programs, although the article did not announce a new contract or revenue commitment. Mach 2+ aircraft commentary
Neutral Sentiment: Several institutions, including Goldman Sachs, Cerity Partners, Elevation Point Wealth Partners and Jane Street, reported new positions in Starfighters Space. The purchases may improve institutional awareness, but the disclosed stakes appear relatively small compared with the company’s market capitalization.
Negative Sentiment: Major shareholder Richard William Svetkoff disclosed a series of historical stock sales, including 13,773 shares at $5.21 and 30,092 shares at $3.95, along with larger sales earlier in the year. Although these transactions reduced his holdings by small percentages and he still owns more than 13 million shares, the continued selling can weigh on sentiment—particularly for a small-cap company whose shares have fallen substantially from their 12-month high. Insider trading report
Negative Sentiment: Starfighters Space recently reported a quarterly loss of $0.24 per share. With a negative P/E ratio and no new financial guidance or contract disclosed in these reports, investors may remain focused on the company’s ability to convert its specialized aircraft fleet into recurring revenue.

About Starfighters Space

(Get Free Report)

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.