BlackSky Technology Inc. (NYSE:BKSY – Get Free Report) CFO Henry Dubois sold 4,000 shares of the stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $22.97, for a total value of $91,880.00. Following the completion of the sale, the chief financial officer owned 478,931 shares of the company’s stock, valued at approximately $11,001,045.07. This trade represents a 0.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Henry Edward Dubois also recently made the following trade(s):
- On Friday, September 11th, Henry Dubois sold 15,225 shares of BlackSky Technology stock. The shares were sold at an average price of $20.95, for a total value of $318,963.75.
- On Friday, August 28th, Henry Dubois sold 4,000 shares of BlackSky Technology stock. The stock was sold at an average price of $23.78, for a total value of $95,120.00.
BlackSky Technology Stock Performance
NYSE:BKSY opened at $23.17 on Friday. The company has a quick ratio of 5.72, a current ratio of 5.83 and a debt-to-equity ratio of 0.94. The firm’s fifty day simple moving average is $24.16 and its 200 day simple moving average is $29.72. The stock has a market cap of $948.03 million, a P/E ratio of -12.73 and a beta of 2.61. BlackSky Technology Inc. has a twelve month low of $12.41 and a twelve month high of $52.88.
Institutional Investors Weigh In On BlackSky Technology
Several institutional investors and hedge funds have recently made changes to their positions in the company. Fifth Third Bancorp bought a new position in BlackSky Technology in the 1st quarter valued at approximately $48,000. Griffin Asset Management Inc. increased its holdings in shares of BlackSky Technology by 5.8% in the 1st quarter. Griffin Asset Management Inc. now owns 57,375 shares of the company’s stock worth $1,444,000 after purchasing an additional 3,125 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of BlackSky Technology by 27.0% in the first quarter. Cetera Investment Advisers now owns 15,252 shares of the company’s stock worth $384,000 after purchasing an additional 3,244 shares during the last quarter. Legato Capital Management LLC lifted its holdings in shares of BlackSky Technology by 9.7% during the fourth quarter. Legato Capital Management LLC now owns 43,184 shares of the company’s stock valued at $810,000 after purchasing an additional 3,814 shares in the last quarter. Finally, Eurizon Capital SGR S.p.A. bought a new position in shares of BlackSky Technology during the fourth quarter valued at $95,000. Institutional investors own 27.15% of the company’s stock.
Analysts Set New Price Targets
Several brokerages have commented on BKSY. Weiss Ratings reissued a “sell (d-)” rating on shares of BlackSky Technology in a research report on Friday, July 17th. Jefferies Financial Group upgraded shares of BlackSky Technology to a “hold” rating in a research note on Wednesday, June 10th. Wall Street Zen raised shares of BlackSky Technology from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 15th. Finally, Clear Str upgraded BlackSky Technology from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $39.33.
View Our Latest Stock Report on BKSY
BlackSky Technology Company Profile
BlackSky Technology Inc is a space-based intelligence and geospatial analytics company that provides timely Earth-observation data and analysis to government and commercial customers. The company operates a satellite constellation designed to collect high-resolution imagery and support persistent monitoring of locations and activities around the world.
BlackSky’s offerings include satellite imagery, automated change detection, geospatial intelligence, and artificial intelligence-powered analytics.
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