BlackSky Technology Inc. (NYSE:BKSY – Get Free Report) CFO Henry Dubois sold 4,000 shares of the business’s stock in a transaction on Tuesday, October 20th. The stock was sold at an average price of $16.85, for a total transaction of $67,400.00. Following the completion of the sale, the chief financial officer directly owned 474,931 shares of the company’s stock, valued at $8,002,587.35. This represents a 0.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Henry Edward Dubois also recently made the following trade(s):
- On Monday, September 21st, Henry Dubois sold 4,000 shares of BlackSky Technology stock. The shares were sold at an average price of $22.97, for a total transaction of $91,880.00.
- 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 shares were sold at an average price of $23.78, for a total value of $95,120.00.
BlackSky Technology Trading Down 4.1%
BKSY opened at $16.63 on Friday. The business’s 50-day moving average price is $22.23 and its 200-day moving average price is $28.92. The company has a current ratio of 5.83, a quick ratio of 5.72 and a debt-to-equity ratio of 0.94. BlackSky Technology Inc. has a 12 month low of $12.41 and a 12 month high of $52.88.
BlackSky Technology (NYSE:BKSY – Get Free Report) last released its earnings results on Thursday, August 6th. The company reported ($0.54) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.38) by ($0.16). The company had revenue of $33.32 million during the quarter, compared to the consensus estimate of $30.72 million. BlackSky Technology had a negative net margin of 61.24% and a negative return on equity of 51.24%. On average, analysts expect that BlackSky Technology Inc. will post -1.09 EPS for the current year.
Wall Street Analyst Weigh In
Several analysts have weighed in on BKSY shares. Wall Street Zen upgraded BlackSky Technology from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 15th. Weiss Ratings reissued a “sell (d-)” rating on shares of BlackSky Technology in a research note on Thursday, October 15th. Finally, Clear Str upgraded shares of BlackSky Technology from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $39.33.
View Our Latest Analysis on BlackSky Technology
Institutional Investors Weigh In On BlackSky Technology
Large investors have recently added to or reduced their stakes in the company. Sterling Capital Management LLC increased its position in shares of BlackSky Technology by 935.6% in the third quarter. Sterling Capital Management LLC now owns 1,222 shares of the company’s stock valued at $26,000 after acquiring an additional 1,104 shares during the period. Fifth Third Bancorp bought a new position in shares of BlackSky Technology during the first quarter valued at about $48,000. State of Alaska Department of Revenue bought a new position in shares of BlackSky Technology during the third quarter valued at about $41,000. Vontobel Holding Ltd. boosted its holdings in shares of BlackSky Technology by 20.0% during the third quarter. Vontobel Holding Ltd. now owns 11,939 shares of the company’s stock worth $254,000 after purchasing an additional 1,992 shares during the period. Finally, Griffin Asset Management Inc. boosted its holdings in shares of BlackSky Technology by 5.8% during the first 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 during the period. Institutional investors own 27.15% of the company’s stock.
BlackSky Technology Company Profile
BlackSky Technology Inc is a space-based intelligence and geospatial analytics company that provides high-frequency monitoring of activity and changes on Earth. The company combines satellite imagery, artificial intelligence and machine learning, and other data sources to help customers identify and analyze events and locations of interest.
BlackSky operates a constellation of Earth-observation satellites and delivers imagery, alerts, and analytical products through its Spectra platform.
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