Key Points
- Insider Fitzgerald Cantor sold 500,000 shares on March 23 at an average price of $5.01 for about $2.505M, trimming his stake by 3.89% to 12,356,500 shares (≈$61.9M).
- Satellogic beat quarterly estimates with $0.17 EPS (consensus -$0.06) and $6.25M revenue (consensus $3.83M) but remains unprofitable, showing a negative net margin (27.01%) and negative ROE (34.92%).
- The company won a subcontract to expand work on the U.S. Office of Naval Research “Slingshot” program and appointed former NGA director Vice Admiral Frank D. Whitworth III as a strategic advisor, boosting its defense/government credibility and revenue visibility.
Satellogic Inc. (NASDAQ:SATL - Get Free Report) insider Fitzgerald Cantor sold 500,000 shares of the business's stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $5.01, for a total transaction of $2,505,000.00. Following the sale, the insider owned 12,356,500 shares in the company, valued at $61,906,065. The trade was a 3.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Satellogic Stock Performance
NASDAQ:SATL opened at $6.22 on Thursday. The firm's fifty day simple moving average is $3.66 and its 200-day simple moving average is $2.89. The company has a quick ratio of 5.02, a current ratio of 5.12 and a debt-to-equity ratio of 0.93. The stock has a market cap of $842.62 million, a PE ratio of -24.88 and a beta of 1.45. Satellogic Inc. has a fifty-two week low of $1.25 and a fifty-two week high of $6.84.
Satellogic (NASDAQ:SATL - Get Free Report) last announced its quarterly earnings data on Thursday, March 19th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of ($0.06) by $0.23. The firm had revenue of $6.25 million during the quarter, compared to analysts' expectations of $3.83 million. Satellogic had a negative net margin of 27.01% and a negative return on equity of 34.92%.
Institutional Trading of Satellogic
Several large investors have recently modified their holdings of the business. Alyeska Investment Group L.P. acquired a new position in shares of Satellogic during the 4th quarter worth approximately $16,830,000. Weiss Asset Management LP acquired a new stake in Satellogic during the 4th quarter valued at $4,053,000. Cantor Fitzgerald L. P. grew its holdings in Satellogic by 16.2% during the 4th quarter. Cantor Fitzgerald L. P. now owns 13,380,873 shares of the company's stock valued at $25,022,000 after buying an additional 1,863,696 shares during the last quarter. Millennium Management LLC purchased a new position in Satellogic during the fourth quarter worth $2,172,000. Finally, Vanguard Group Inc. increased its position in Satellogic by 44.4% during the third quarter. Vanguard Group Inc. now owns 3,262,216 shares of the company's stock worth $10,700,000 after buying an additional 1,002,400 shares in the last quarter. 17.58% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
SATL has been the topic of a number of research reports. Northland Securities assumed coverage on Satellogic in a report on Wednesday, February 18th. They issued an "outperform" rating and a $5.50 price target on the stock. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Satellogic in a report on Thursday, January 22nd. Cantor Fitzgerald set a $7.00 target price on Satellogic in a research report on Friday, February 20th. Loop Capital set a $4.50 price target on Satellogic in a research report on Wednesday, March 11th. Finally, Zacks Research raised Satellogic to a "hold" rating in a research note on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, Satellogic has a consensus rating of "Moderate Buy" and a consensus price target of $5.50.
Read Our Latest Analysis on SATL
Satellogic News Summary
Here are the key news stories impacting Satellogic this week:
- Positive Sentiment: Satellogic won a subcontract to expand its role in the U.S. Office of Naval Research “Slingshot” program (Phases II and III), extending work on maritime intelligence and low‑latency orbital processing — a material commercial/defense customer win that supports revenue visibility and strategic credibility. Article Title
- Positive Sentiment: The company appointed Vice Admiral Frank D. Whitworth III (ret.), former NGA director, as a strategic advisor to guide integration of high‑frequency EO data into intelligence architectures — a governance and credibility boost for defense/government engagements. Article Title
- Positive Sentiment: Options flow shows bullish positioning: roughly 6,090 call contracts traded (about +55% vs. average), indicating speculative or hedged institutional/retail interest that can amplify moves on positive news.
- Neutral Sentiment: Analyst/media coverage noted the recent price run and raised volume but cautioned that recent earnings‑estimate trends could limit near‑term upside absent further positive news. Article Title
- Neutral Sentiment: Short‑interest data published for March appears to contain reporting errors (showing zero/NaN figures); current public short‑interest metrics are therefore unreliable for gauging short pressure.
- Negative Sentiment: Insider sale: director Fitzgerald L. P. Cantor sold 500,000 shares on March 23 at an average $5.01 (≈$2.505M), trimming his stake ~3.9%. Large insider sales can temper sentiment even if not indicative of company fundamentals. SEC filing: Article Title
Satellogic Company Profile
(
Get Free Report)
Satellogic Inc is a NewSpace company specializing in the design, manufacture and operation of a low‐Earth‐orbit (LEO) microsatellite constellation. The company's satellites capture high‐resolution multispectral imagery, enabling detailed monitoring of agricultural, forestry, maritime, energy and infrastructure assets. Satellogic's vertically integrated model covers end‐to‐end capabilities, from satellite development and deployment to data processing and analytics, allowing clients to access imagery and insights on demand.
Key offerings include geospatial data products, analytics services and software tools that leverage machine learning algorithms to interpret changes on Earth's surface.
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