3,930 Shares in SpaceX $SPCX Purchased by Oakmont Investment Advisors Inc.

Posted by Stanley Muller on Oct 22nd, 2026

Oakmont Investment Advisors Inc. purchased a new position in shares of SpaceX (NASDAQ:SPCX – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 3,930 shares of the company’s stock, valued at approximately $593,000.

Other institutional investors also recently added to or reduced their stakes in the company. Foster Victor Wealth Advisors LLC lifted its stake in SpaceX by 44.9% in the third quarter. Foster Victor Wealth Advisors LLC now owns 15,687 shares of the company’s stock valued at $2,321,000 after buying an additional 4,864 shares during the last quarter. Kachkovsky & Fisher Inc. acquired a new stake in shares of SpaceX in the third quarter valued at approximately $469,000. Wealth Management Partners LLC increased its holdings in shares of SpaceX by 136.4% in the 3rd quarter. Wealth Management Partners LLC now owns 26,962 shares of the company’s stock valued at $4,067,000 after acquiring an additional 15,555 shares during the period. Vest Financial LLC purchased a new stake in SpaceX in the 3rd quarter valued at $797,000. Finally, PFS Partners LLC raised its position in SpaceX by 77.9% in the 3rd quarter. PFS Partners LLC now owns 418 shares of the company’s stock valued at $63,000 after purchasing an additional 183 shares during the last quarter.

Insiders Place Their Bets

In other SpaceX news, COO Gwynne Shotwell sold 342,170 shares of the business’s stock in a transaction on Tuesday, September 22nd. The shares were sold at an average price of $153.57, for a total value of $52,547,046.90. Following the transaction, the chief operating officer directly owned 2,472,035 shares of the company’s stock, valued at approximately $379,630,414.95. The trade was a 12.16% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Erste Group Bank assumed coverage on shares of SpaceX in a research note on Thursday, October 8th. They set a “hold” rating for the company. Royal Bank Of Canada restated an “outperform” rating on shares of SpaceX in a research note on Monday. Weiss Ratings assumed coverage on shares of SpaceX in a report on Tuesday, September 1st. They issued a “sell (d)” rating for the company. Wall Street Zen downgraded shares of SpaceX from a “hold” rating to a “sell” rating in a research note on Saturday, October 3rd. Finally, Wells Fargo & Company increased their target price on shares of SpaceX from $214.00 to $274.00 and gave the stock an “overweight” rating in a research note on Wednesday. Three equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, nine have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $243.08.

Get Our Latest Stock Report on SPCX

SpaceX Trading Up 7.8%

NASDAQ:SPCX opened at $159.31 on Thursday. The firm has a market capitalization of $2.10 trillion and a price-to-earnings ratio of -1,770.11. The company has a debt-to-equity ratio of 0.29, a quick ratio of 4.99 and a current ratio of 5.12. The company has a 50 day moving average of $149.18. SpaceX has a 12-month low of $104.83 and a 12-month high of $225.64.

SpaceX (NASDAQ:SPCX – Get Free Report) last released its quarterly earnings results on Tuesday, October 20th. The company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.10 by $0.25. The company had revenue of $14.57 billion for the quarter. During the same period in the previous year, the business earned ($0.36) EPS. SpaceX’s revenue was up 161.4% on a year-over-year basis. Research analysts forecast that SpaceX will post 0.07 EPS for the current fiscal year.

Trending Headlines about SpaceX

Here are the key news stories impacting SpaceX this week:

Positive Sentiment: Strong Q3 results: SpaceX reported $14.58 billion in revenue, up 161% year over year, and earnings of $0.35 per share versus the $0.10 consensus estimate. Net income reached approximately $4.4 billion, compared with a loss a year earlier. SpaceX quarterly revenue jumps, beats estimates as AI business surges
Positive Sentiment: AI business is scaling rapidly: The Super Intelligence segment generated roughly $7.56 billion in revenue, up more than eightfold, and became SpaceX’s largest revenue contributor. Management said new computing deployments are currently producing payback in less than a year, helping validate the company’s AI infrastructure strategy. Why SpaceX Stock Popped After Earnings
Positive Sentiment: Upbeat outlook and analyst support: SpaceX guided to $33 billion-$37 billion in first-quarter 2027 revenue, while its backlog reached about $63 billion. JPMorgan raised its price target to $500, and other firms including Wells Fargo, TD Cowen and Needham also increased targets or reiterated bullish ratings. Top Analysts Boost Price Targets After Q3 Beat
Positive Sentiment: Merger speculation added momentum: Elon Musk called a Tesla-SpaceX merger a good idea, and both companies formed independent committees to examine a transaction. A combination could create synergies across AI, vehicles, robotics, connectivity and data. However, no deal is certain and shareholder approval would be required. SpaceX and Tesla boards form special committees to review merger
Neutral Sentiment: Starlink remains an important financial base: Connectivity revenue rose 69% to approximately $5.25 billion, with 13.6 million consumer subscribers and strong enterprise and government growth. Investors are watching whether subscriber expansion and direct-to-device plans can support the AI buildout.
Negative Sentiment: Capital intensity remains the key risk: SpaceX spent about $19.6 billion on capital expenditures in the quarter and expects $35 billion-$40 billion in fourth-quarter spending. Analysts have warned that continued AI expansion could require substantial borrowing and create execution, power-availability and cash-flow risks. SpaceX Bulls Get Louder After Q3 Earnings Print
Negative Sentiment: Potential supply and governance overhangs: Upcoming insider share unlocks could increase selling pressure, while concerns about Starlink’s geopolitical exposure and the uncertain terms of any Tesla merger remain risks to valuation.

SpaceX Company Profile

(Free Report)

Space Exploration Technologies Corp., commonly known as SpaceX, is a privately held aerospace company founded in 2002 by Elon Musk. The company develops and operates launch vehicles and spacecraft designed to reduce the cost of access to space and support commercial, government and scientific missions.

SpaceX’s principal products and services include the Falcon 9 and Falcon Heavy rockets, the Dragon spacecraft and the Starlink satellite communications network. Falcon rockets are used to launch satellites, cargo and crew, while Dragon spacecraft support transportation to and from low Earth orbit.