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 business’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $7.19, for a total transaction of $93,692.89. Following the sale, the chief accounting officer now directly owns 190,775 shares of the company’s stock, valued at $1,371,672.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

BlackSky Technology Trading Down 3.9 %

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 stock has a market cap of $654.86 million, a price-to-earnings ratio of -11.74 and a beta of 1.00. The company has a 50-day moving average price of $7.81 and a 200-day moving average price of $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 released its earnings results on Thursday, August 8th. The company reported ($0.48) EPS for the quarter, topping the consensus estimate of ($0.72) by $0.24. BlackSky Technology had a negative net margin of 26.78% and a negative return on equity of 56.91%. The firm had revenue of $24.94 million for the quarter, compared to the consensus estimate of $25.14 million. During the same quarter in the previous year, the firm earned ($1.92) earnings per share. Equities analysts predict that BlackSky Technology Inc. will post -2.59 EPS for the current year.

Institutional Investors Weigh In On BlackSky Technology

Several institutional investors have recently bought and sold shares of BKSY. 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 valued at $7,197,000 after purchasing an additional 800,287 shares during the period. Squarepoint Ops LLC acquired a new position in BlackSky Technology during the second quarter worth about $295,000. GSA Capital Partners LLP boosted 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. LA Financiere DE L Echiquier boosted its holdings 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 purchasing an additional 112,000 shares during the last quarter. Finally, Virtu Financial LLC boosted its holdings 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 purchasing 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.