Key Points
- BlackRock Portfolio Management sold 200,170 York Space Systems shares at an average price of $10.99, generating approximately $2.20 million. The sale reduced its ownership by 1.2% to 16.52 million shares.
- York Space Systems shares opened at $10.49, down 8.1%, and remain near their 52-week low of $10.23. The company reported a quarterly loss of $1.51 per share, missing estimates by $1.39, on revenue of $116.34 million.
- Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and a $34.90 price target, although recent downgrades include a “Sell” rating from Wall Street Zen and a “Market Perform” rating from Raymond James.
York Space Systems Inc. (NYSE:YSS - Get Free Report) major shareholder Blackrock Portfolio Management sold 200,170 shares of the stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $10.99, for a total transaction of $2,199,868.30. Following the completion of the transaction, the insider owned 16,517,115 shares of the company's stock, valued at $181,523,093.85. This trade represents a 1.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own more than 10% of a company's shares are required to disclose their transactions with the SEC.
Blackrock Portfolio Management also recently made the following trade(s):
- On Thursday, August 6th, Blackrock Portfolio Management sold 201,504 shares of York Space Systems stock. The stock was sold at an average price of $11.60, for a total value of $2,337,446.40.
- On Monday, August 3rd, Blackrock Portfolio Management sold 13,754 shares of York Space Systems stock. The stock was sold at an average price of $15.03, for a total value of $206,722.62.
- On Friday, July 31st, Blackrock Portfolio Management sold 35,574 shares of York Space Systems stock. The shares were sold at an average price of $15.14, for a total value of $538,590.36.
- On Thursday, July 30th, Blackrock Portfolio Management sold 140,823 shares of York Space Systems stock. The shares were sold at an average price of $15.18, for a total value of $2,137,693.14.
- On Wednesday, July 29th, Blackrock Portfolio Management sold 63,390 shares of York Space Systems stock. The stock was sold at an average price of $15.31, for a total value of $970,500.90.
York Space Systems Stock Down 8.1%
Shares of York Space Systems stock opened at $10.49 on Tuesday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 5.29 and a current ratio of 5.53. The firm has a market capitalization of $1.36 billion and a price-to-earnings ratio of -37.46. The company has a fifty day moving average price of $22.52. York Space Systems Inc. has a fifty-two week low of $10.23 and a fifty-two week high of $44.54.
York Space Systems (NYSE:YSS - Get Free Report) last released 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 during the quarter. Analysts anticipate that York Space Systems Inc. will post -0.98 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on YSS shares. The Goldman Sachs Group lifted their price objective on shares of York Space Systems from $28.00 to $31.00 and gave the stock a "neutral" rating in a research note on Monday, April 20th. Citigroup increased their target price on shares of York Space Systems from $31.00 to $33.00 and gave the company a "buy" rating in a research note on Wednesday, July 1st. Jefferies Financial Group initiated coverage on shares of York Space Systems in a report on Monday, July 13th. They set a "buy" rating and a $32.00 target price for the company. Wall Street Zen lowered shares of York Space Systems from a "hold" rating to a "sell" rating in a research report on Wednesday, August 5th. Finally, Raymond James Financial cut York Space Systems from an "outperform" rating to a "market perform" rating in a report on Wednesday, July 29th. Seven 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 data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $34.90.
Check Out Our Latest Research Report on YSS
Hedge Funds Weigh In On York Space Systems
A number of hedge funds and other institutional investors have recently modified their holdings of YSS. BlackRock Inc. increased its stake in York Space Systems by 1.1% in the 2nd quarter. BlackRock Inc. now owns 19,212,689 shares of the company's stock worth $473,016,000 after purchasing an additional 200,250 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in York Space Systems during the second quarter valued at about $1,162,000. Deutsche Bank AG boosted its holdings in shares of York Space Systems by 66.6% in the second quarter. Deutsche Bank AG now owns 19,019 shares of the company's stock worth $468,000 after buying an additional 7,603 shares during the period. Finally, Persistent Asset Partners Ltd acquired a new position in shares of York Space Systems in the second quarter worth about $53,000.
York Space Systems Company Profile
(
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.
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