Christiana L. Lin Sells 13,031 Shares of BlackSky Technology Inc. (NYSE:BKSY) Stock

BlackSky Technology Inc. (NYSE:BKSY) CAO Christiana L. Lin sold 13,031 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 $93,692.89. Following the completion of the sale, the chief accounting officer now owns 190,775 shares of the company’s stock, valued at $1,371,672.25. The sale was disclosed in a filing with the SEC, which is available at this link.

BlackSky Technology Stock Down 3.9 %

Shares of NYSE BKSY opened at $4.46 on Friday. BlackSky Technology Inc. has a 12-month low of $3.86 and a 12-month high of $14.16. The company has a market cap of $83.00 million, a P/E ratio of -11.74 and a beta of 1.00. The company has a current ratio of 4.19, a quick ratio of 4.19 and a debt-to-equity ratio of 1.41. The stock has a fifty day moving average price of $7.81 and a 200 day moving average price of $8.85.

BlackSky Technology (NYSE:BKSY) last announced its quarterly earnings results 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. BlackSky Technology had a negative return on equity of 56.91% and a negative net margin of 26.78%. The firm had revenue of $24.94 million during the quarter, compared to the consensus estimate of $25.14 million. During the same period in the prior year, the firm earned ($1.92) EPS. Research analysts anticipate that BlackSky Technology Inc. will post -2.59 EPS for the current fiscal year.

Institutional Trading of BlackSky Technology

Several large investors have recently added to or reduced their stakes in BKSY. Vanguard Group Inc. boosted its position in BlackSky Technology by 17.8% in the 1st quarter. Vanguard Group Inc. now owns 5,291,909 shares of the company’s stock valued at $7,197,000 after buying an additional 800,287 shares during the last quarter. Squarepoint Ops LLC purchased a new position in BlackSky Technology in the 2nd quarter valued at about $295,000. GSA Capital Partners LLP boosted its position in BlackSky Technology by 123.8% in the 1st quarter. GSA Capital Partners LLP now owns 315,900 shares of the company’s stock valued at $430,000 after buying an additional 174,773 shares during the last quarter. LA Financiere DE L Echiquier boosted its position in BlackSky Technology by 13.6% in the 2nd quarter. LA Financiere DE L Echiquier now owns 933,000 shares of the company’s stock valued at $998,000 after buying an additional 112,000 shares during the last quarter. Finally, Virtu Financial LLC boosted its position in BlackSky Technology by 134.5% in the 1st quarter. Virtu Financial LLC now owns 145,514 shares of the company’s stock valued at $198,000 after buying an additional 83,462 shares during the last quarter. 27.15% of the stock is currently owned by institutional investors and hedge funds.

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.