Raymond James & Associates bought a new stake in shares of Satellogic Inc. (NASDAQ:SATL – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 24,780 shares of the company’s stock, valued at approximately $29,000.
A number of other institutional investors also recently modified their holdings of SATL. UBS Group AG boosted its stake in shares of Satellogic by 343.7% during the 1st quarter. UBS Group AG now owns 15,790 shares of the company’s stock valued at $33,000 after buying an additional 12,231 shares during the period. Altshuler Shaham Ltd acquired a new stake in shares of Satellogic in the 4th quarter valued at $43,000. Renaissance Technologies LLC acquired a new stake in shares of Satellogic in the 1st quarter valued at $48,000. Simon Quick Advisors LLC acquired a new stake in shares of Satellogic in the 2nd quarter valued at $116,000. Finally, Millennium Management LLC acquired a new stake in shares of Satellogic in the 2nd quarter valued at $355,000. Institutional investors and hedge funds own 18.76% of the company’s stock.
Satellogic Price Performance
SATL stock opened at $1.33 on Friday. Satellogic Inc. has a 1 year low of $0.69 and a 1 year high of $3.58. The company has a fifty day simple moving average of $1.58 and a 200 day simple moving average of $1.40.
Satellogic Inc operates as an integrated geospatial analytics company in the Asia Pacific, North America, and internationally. It engages in tasking satellites with monitoring assets and keeping up with their changing reality for government and commercial customers; control satellites on top of specific areas of interest for governments; and sale and support satellites.
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