Key Points
- BlackRock Portfolio Management sold 140,823 York Space Systems shares at an average price of $15.18, generating approximately $2.14 million. The sale reduced its ownership by 0.79%, leaving it with 17.64 million shares valued at about $267.8 million.
- YSS opened at $14.76 and remains near its 12-month low of $14.31, with a market capitalization of roughly $1.91 billion. The company reported a quarterly loss of $1.51 per share, missing analysts’ $0.12 loss estimate, while revenue reached $116.34 million.
- Analyst sentiment is mixed but averages to a “Moderate Buy” rating, with seven Buy, four Hold, and one Sell recommendation. The consensus price target is $34.90, though Raymond James recently downgraded the stock to Market Perform.
York Space Systems Inc. (NYSE:YSS - Get Free Report) major shareholder Blackrock Portfolio Management sold 63,390 shares of the business's stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $15.31, for a total value of $970,500.90. Following the transaction, the insider directly owned 17,783,544 shares of the company's stock, valued at $272,266,058.64. This represents a 0.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own more than 10% of a company's stock are required to disclose their sales and purchases with the SEC.
Blackrock Portfolio Management also recently made the following trade(s):
- On Thursday, July 30th, Blackrock Portfolio Management sold 140,823 shares of York Space Systems stock. The stock was sold at an average price of $15.18, for a total value of $2,137,693.14.
York Space Systems Trading Down 3.3%
Shares of YSS stock opened at $14.76 on Friday. York Space Systems Inc. has a 12 month low of $14.31 and a 12 month high of $44.54. The firm has a market capitalization of $1.91 billion and a price-to-earnings ratio of -52.70. The stock's 50 day simple moving average is $24.85.
York Space Systems (NYSE:YSS - Get Free Report) last announced its earnings results on Thursday, May 14th. The company reported ($1.51) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.12) by ($1.39). The company had revenue of $116.34 million for the quarter.
Analysts Set New Price Targets
Several research firms have recently issued reports on YSS. Wall Street Zen upgraded shares of York Space Systems from a "sell" rating to a "hold" rating in a report on Tuesday. Raymond James Financial cut shares of York Space Systems from an "outperform" rating to a "market perform" rating in a research note on Wednesday. The Goldman Sachs Group lifted their target price on York Space Systems from $28.00 to $31.00 and gave the stock a "neutral" rating in a research report on Monday, April 20th. Weiss Ratings initiated coverage on York Space Systems in a research note on Friday, May 15th. They set a "sell (d)" rating on the stock. Finally, Jefferies Financial Group began coverage on York Space Systems in a report on Monday, July 13th. They issued a "buy" rating and a $32.00 price target for the company. Seven equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, York Space Systems has a consensus rating of "Moderate Buy" and a consensus target price of $34.90.
Get Our Latest Research Report on York Space Systems
About York Space Systems
(
Get Free Report)
York Space Systems is a leading, U.S.-based, space and defense prime(1) providing a comprehensive suite of mission-critical solutions for national security, government and commercial customers. York is one of the only space and defense primes with proprietary hardware and software capabilities designed to address customers' complex mission requirements across the critical elements of the entire space ecosystem throughout the mission lifecycle. York is the number one provider to the U.S. Department of Defense's (“DoD”) Proliferated Warfighter Space Architecture (“PWSA”) by number of spacecraft operating in-orbit, by number of contracts, and by variety of contract types as of September 2025.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].