10,332 Shares in BlackSky Technology Inc. (NYSE:BKSY) Purchased by SG Americas Securities LLC

SG Americas Securities LLC acquired a new position in shares of BlackSky Technology Inc. (NYSE:BKSY) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 10,332 shares of the company’s stock, valued at approximately $111,000.

Separately, Thompson Siegel & Walmsley LLC bought a new position in BlackSky Technology in the third quarter valued at approximately $3,674,000. 27.15% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, HC Wainwright raised their price target on BlackSky Technology from $12.00 to $20.00 and gave the company a “buy” rating in a research note on Monday, February 3rd. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $19.20.

BlackSky Technology Stock Down 5.5 %

BKSY stock opened at $16.36 on Thursday. The company has a quick ratio of 5.68, a current ratio of 5.68 and a debt-to-equity ratio of 0.89. The business has a 50 day moving average price of $12.13 and a two-hundred day moving average price of $9.21. The company has a market cap of $503.54 million, a price-to-earnings ratio of -7.24 and a beta of 1.20. BlackSky Technology Inc. has a twelve month low of $3.86 and a twelve month high of $18.33.

Insider Buying and Selling at BlackSky Technology

In other news, CFO Henry Edward Dubois sold 7,938 shares of BlackSky Technology stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $10.65, for a total transaction of $84,539.70. Following the completion of the transaction, the chief financial officer now directly owns 420,779 shares in the company, valued at approximately $4,481,296.35. The trade was a 1.85 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Christiana L. Lin sold 5,550 shares of BlackSky Technology stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $10.65, for a total value of $59,107.50. Following the transaction, the chief accounting officer now owns 354,143 shares of the company’s stock, valued at $3,771,622.95. This represents a 1.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 23,086 shares of company stock worth $245,866 over the last ninety days. 4.50% of the stock is currently owned by corporate insiders.

BlackSky Technology Company Profile

BlackSky Technology Inc provides geospatial intelligence, imagery and related data analytic products and services, and mission systems that include the development, integration, and operation of satellite and ground systems for government and commercial customers in North America, the Middle East, the Asia Pacific, and internationally.