SG Americas Securities LLC Acquires Shares of 10,332 BlackSky Technology Inc. (NYSE:BKSY)

SG Americas Securities LLC acquired a new stake in BlackSky Technology Inc. (NYSE:BKSY) in the 4th quarter, Holdings Channel.com reports. The fund acquired 10,332 shares of the company’s stock, valued at approximately $111,000.

Separately, Thompson Siegel & Walmsley LLC acquired a new position in BlackSky Technology in the 3rd quarter valued at $3,674,000. Institutional investors and hedge funds own 27.15% of the company’s stock.

Analysts Set New Price Targets

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

Insider Transactions at BlackSky Technology

In related news, CAO Christiana L. Lin sold 5,550 shares of the business’s stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $10.65, for a total transaction of $59,107.50. Following the sale, the chief accounting officer now owns 354,143 shares in the company, valued at $3,771,622.95. The trade was a 1.54 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Henry Edward Dubois sold 7,938 shares of the business’s stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $10.65, for a total value of $84,539.70. Following the sale, the chief financial officer now owns 420,779 shares in the company, valued at $4,481,296.35. This represents a 1.85 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 23,086 shares of company stock valued at $245,866. Corporate insiders own 4.50% of the company’s stock.

BlackSky Technology Price Performance

BlackSky Technology stock opened at $16.36 on Thursday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 5.68 and a current ratio of 5.68. BlackSky Technology Inc. has a 52 week low of $3.86 and a 52 week high of $18.33. The stock has a market capitalization of $503.54 million, a P/E ratio of -7.24 and a beta of 1.20. The stock has a fifty day moving average of $12.13 and a 200-day moving average of $9.21.

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.