Brian E. O’toole Sells 24,352 Shares of BlackSky Technology Inc. (NYSE:BKSY) Stock

BlackSky Technology Inc. (NYSE:BKSY) CEO Brian E. O’toole sold 24,352 shares of the company’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $7.19, for a total transaction of $175,090.88. Following the transaction, the chief executive officer now directly owns 479,785 shares in the company, valued at $3,449,654.15. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

BlackSky Technology Stock Down 3.9 %

BKSY stock opened at $4.46 on Friday. 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 company’s 50-day moving average price is $7.81 and its 200 day moving average price is $8.85. BlackSky Technology Inc. has a 52 week low of $3.86 and a 52 week 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.

BlackSky Technology (NYSE:BKSY) last released its quarterly earnings results on Thursday, August 8th. The company reported ($0.48) earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $24.94 million for the quarter, compared to analysts’ expectations of $25.14 million. During the same quarter in the prior year, the firm posted ($1.92) EPS. On average, research analysts expect that BlackSky Technology Inc. will post -2.59 earnings per share for the current fiscal year.

Institutional Trading of BlackSky Technology

Large investors have recently bought and sold shares of the company. Virtu Financial LLC boosted its position in shares of BlackSky Technology by 134.5% in the 1st quarter. Virtu Financial LLC now owns 145,514 shares of the company’s stock worth $198,000 after buying an additional 83,462 shares in the last quarter. LA Financiere DE L Echiquier raised its position in BlackSky Technology by 13.6% during 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. GSA Capital Partners LLP raised its position in BlackSky Technology by 123.8% during the first quarter. GSA Capital Partners LLP now owns 315,900 shares of the company’s stock worth $430,000 after acquiring an additional 174,773 shares during the last quarter. Squarepoint Ops LLC acquired a new stake in shares of BlackSky Technology in the second quarter valued at approximately $295,000. Finally, Vanguard Group Inc. grew its position in shares of BlackSky Technology by 17.8% in the first quarter. Vanguard Group Inc. now owns 5,291,909 shares of the company’s stock valued at $7,197,000 after purchasing an additional 800,287 shares during the last quarter. Institutional investors and hedge funds own 27.15% of the company’s stock.

BlackSky Technology Company Profile

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.