BlackSky Technology Inc. (NYSE:BKSY - Get Free Report) CFO Henry Dubois sold 4,000 shares of the stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $16.85, for a total value of $67,400.00. Following the completion of the sale, the chief financial officer owned 474,931 shares of the company's stock, valued at approximately $8,002,587.35. This trade represents a 0.84% 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 Monday, September 21st, Henry Dubois sold 4,000 shares of BlackSky Technology stock. The stock was sold at an average price of $22.97, for a total value 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%
Shares of BlackSky Technology stock opened at $16.63 on Friday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 5.72 and a current ratio of 5.83. The business has a 50 day moving average of $22.23 and a 200 day moving average of $28.92. BlackSky Technology Inc. has a 52 week low of $12.41 and a 52 week high of $52.88.
BlackSky Technology (NYSE:BKSY - Get Free Report) last announced 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). The business had revenue of $33.32 million during the quarter, compared to analysts' expectations of $30.72 million. BlackSky Technology had a negative return on equity of 51.24% and a negative net margin of 61.24%. On average, equities research analysts predict that BlackSky Technology Inc. will post -1.09 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
BKSY has been the subject of several research analyst reports. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of BlackSky Technology in a research report on Thursday, October 15th. Clear Str raised shares of BlackSky Technology from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 10th. Finally, Wall Street Zen upgraded shares of BlackSky Technology from a "strong sell" rating to a "sell" rating in a research report on Saturday, August 15th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $39.33.
Get Our Latest Stock Report on BKSY
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in BKSY. Sterling Capital Management LLC lifted its stake in shares of BlackSky Technology by 935.6% in the 3rd quarter. Sterling Capital Management LLC now owns 1,222 shares of the company's stock valued at $26,000 after purchasing an additional 1,104 shares during the period. Fifth Third Bancorp bought a new stake in shares of BlackSky Technology during the first quarter valued at approximately $48,000. State of Alaska Department of Revenue bought a new stake in shares of BlackSky Technology during the third quarter valued at approximately $41,000. Integrated Wealth Concepts LLC bought a new stake in shares of BlackSky Technology during the second quarter valued at approximately $216,000. Finally, Arizona State Retirement System purchased a new stake in BlackSky Technology in the second quarter worth $236,000. Institutional investors own 27.15% of the company's stock.
BlackSky Technology Company Profile
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Get Free Report)
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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