BlackSky Technology Inc. (NYSE:BKSY) CFO Sells $169,612.10 in Stock

BlackSky Technology Inc. (NYSE:BKSY) CFO Henry Edward Dubois sold 23,590 shares of the stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $7.19, for a total value of $169,612.10. Following the sale, the chief financial officer now directly owns 231,645 shares in the company, valued at approximately $1,665,527.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

BlackSky Technology Price Performance

NYSE:BKSY opened at $4.46 on Monday. BlackSky Technology Inc. has a 12-month low of $3.86 and a 12-month high of $14.16. The firm has a market cap of $654.86 million, a price-to-earnings ratio of -11.74 and a beta of 1.00. The company’s 50-day moving average is $7.81 and its two-hundred day moving average is $8.84. The company has a current ratio of 4.19, a quick ratio of 4.19 and a debt-to-equity ratio of 1.41.

BlackSky Technology (NYSE:BKSY) last announced its quarterly earnings data on Thursday, August 8th. The company reported ($0.48) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.72) by $0.24. The business had revenue of $24.94 million for the quarter, compared to the consensus estimate of $25.14 million. BlackSky Technology had a negative net margin of 26.78% and a negative return on equity of 56.91%. During the same quarter in the prior year, the firm posted ($1.92) earnings per share. Research analysts expect that BlackSky Technology Inc. will post -2.59 EPS for the current year.

Institutional Investors Weigh In On BlackSky Technology

Hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. lifted its position in BlackSky Technology by 17.8% during the first quarter. Vanguard Group Inc. now owns 5,291,909 shares of the company’s stock worth $7,197,000 after buying an additional 800,287 shares during the period. Virtu Financial LLC increased its stake in shares of BlackSky Technology by 134.5% during the 1st quarter. Virtu Financial LLC now owns 145,514 shares of the company’s stock valued at $198,000 after acquiring an additional 83,462 shares during the last quarter. GSA Capital Partners LLP increased its stake in shares of BlackSky Technology by 123.8% during the 1st quarter. GSA Capital Partners LLP now owns 315,900 shares of the company’s stock valued at $430,000 after acquiring an additional 174,773 shares during the last quarter. Squarepoint Ops LLC purchased a new position in shares of BlackSky Technology during the 2nd quarter worth about $295,000. Finally, LA Financiere DE L Echiquier boosted its position in shares of BlackSky Technology by 13.6% in the second quarter. LA Financiere DE L Echiquier now owns 933,000 shares of the company’s stock worth $998,000 after acquiring an additional 112,000 shares during the last quarter. Institutional investors and hedge funds own 27.15% of the company’s stock.

About BlackSky Technology

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.