Brian O’toole Sells 20,000 Shares of BlackSky Technology (NYSE:BKSY) Stock

Posted by Brenda Bartman on Sep 12th, 2026

BlackSky Technology Inc. (NYSE:BKSY – Get Free Report) CEO Brian O’toole sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $21.83, for a total transaction of $436,600.00. Following the sale, the chief executive officer owned 1,119,676 shares of the company’s stock, valued at approximately $24,442,527.08. This represents a 1.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

BlackSky Technology Trading Down 0.6%

Shares of NYSE BKSY opened at $20.63 on Friday. The firm’s 50 day moving average price is $24.69 and its 200-day moving average price is $29.62. The company has a market cap of $844.12 million, a PE ratio of -11.33 and a beta of 2.61. BlackSky Technology Inc. has a 52-week low of $12.41 and a 52-week high of $52.88. The company has a debt-to-equity ratio of 0.94, a quick ratio of 5.72 and a current ratio of 5.83.

BlackSky Technology (NYSE:BKSY – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported ($0.54) EPS for the quarter, missing analysts’ consensus estimates of ($0.38) by ($0.16). BlackSky Technology had a negative net margin of 61.24% and a negative return on equity of 51.24%. The firm had revenue of $33.32 million for the quarter, compared to analysts’ expectations of $30.72 million. On average, equities research analysts expect that BlackSky Technology Inc. will post -1.09 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on BKSY. Clear Str upgraded BlackSky Technology from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. Wall Street Zen raised BlackSky Technology from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 15th. Weiss Ratings reiterated a “sell (d-)” rating on shares of BlackSky Technology in a report on Friday, July 17th. Finally, Jefferies Financial Group raised BlackSky Technology to a “hold” rating in a research report on Wednesday, June 10th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, BlackSky Technology currently has a consensus rating of “Moderate Buy” and a consensus price target of $39.33.

View Our Latest Stock Analysis on BlackSky Technology

Hedge Funds Weigh In On BlackSky Technology

Several hedge funds and other institutional investors have recently modified their holdings of the company. Quarry LP purchased a new position in shares of BlackSky Technology in the 4th quarter worth $26,000. Strive Financial Group LLC purchased a new stake in BlackSky Technology during the fourth quarter valued at $26,000. Global Retirement Partners LLC bought a new position in BlackSky Technology in the fourth quarter valued at about $28,000. Wexford Capital LP bought a new position in BlackSky Technology in the third quarter valued at about $30,000. Finally, IFP Advisors Inc boosted its position in BlackSky Technology by 57.9% in the third quarter. IFP Advisors Inc now owns 2,253 shares of the company’s stock worth $45,000 after purchasing an additional 826 shares during the last quarter. 27.15% of the stock is owned by institutional investors.

About BlackSky Technology

(Get Free Report)

BlackSky Technology, Inc operates Earth observation and geospatial intelligence services through a constellation of small satellites and an analytics platform. The company collects and processes high-revisit satellite imagery, enabling near-real-time monitoring of global events and locations. Clients across government, defense and commercial sectors leverage BlackSky’s imagery and data to support decision-making in areas such as supply chain monitoring, humanitarian aid, infrastructure management and security operations.

Founded in 2014 as part of Spaceflight Industries, BlackSky has grown its satellite constellation and analytics capabilities to deliver satellite imagery with high revisit rates and rapid tasking.