Senvest Management LLC Has $3.02 Million Position in Satixfy Communications Ltd. (NYSEAMERICAN:SATX)

Senvest Management LLC raised its position in Satixfy Communications Ltd. (NYSEAMERICAN:SATX) by 2.3% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 4,277,958 shares of the company’s stock after purchasing an additional 95,115 shares during the period. Senvest Management LLC owned approximately 0.05% of Satixfy Communications worth $3,024,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Satixfy Communications Stock Up 1.6 %

Shares of NYSEAMERICAN:SATX opened at $0.83 on Friday. Satixfy Communications Ltd. has a 12-month low of $0.30 and a 12-month high of $1.11.

Satixfy Communications (NYSEAMERICAN:SATX) last issued its quarterly earnings results on Friday, September 6th. The company reported ($0.11) earnings per share (EPS) for the quarter. The company had revenue of $4.15 million during the quarter.

Satixfy Communications Company Profile

Satixfy Communications Ltd. engages in the development of vertically integrated satellite communication systems and ground terminal chips worldwide. It offers application-specific and radio frequency integrated circuit chips, such as PRIME and BEAT antenna chips, which enable multi-beamforming and beam-hopping for satellite payloads and user terminals; and SX-4000 satellite payload chips, that enables digital on-board processing, beam- hopping, and enhanced connectivity needs, including positioning, navigation, and timing for LEO, MEO, and GEO satellite communications systems, as well as Aero/IFC systems, and certain COTM and on the pause applications.