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 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 transaction, 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 legal filing with the SEC, which is accessible through this hyperlink.

BlackSky Technology Trading Down 3.9 %

Shares of BKSY opened at $4.46 on Friday. The stock has a fifty day moving average of $7.81 and a two-hundred day moving average of $8.85. The company has a debt-to-equity ratio of 1.41, a quick ratio of 4.19 and a current ratio of 4.19. The company has a market capitalization of $83.00 million, a PE ratio of -11.74 and a beta of 1.00. BlackSky Technology Inc. has a fifty-two week low of $3.86 and a fifty-two week high of $14.16.

BlackSky Technology (NYSE:BKSY) last issued its quarterly earnings results on Thursday, August 8th. The company reported ($0.48) earnings per share for the quarter, beating the consensus estimate of ($0.72) by $0.24. The company had revenue of $24.94 million during the quarter, compared to the consensus estimate of $25.14 million. BlackSky Technology had a negative return on equity of 56.91% and a negative net margin of 26.78%. During the same period in the previous year, the firm posted ($1.92) EPS. As a group, analysts forecast that BlackSky Technology Inc. will post -2.59 EPS for the current year.

Institutional Trading of BlackSky Technology

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Virtu Financial LLC increased its holdings in shares of BlackSky Technology by 134.5% during 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 during the last quarter. LA Financiere DE L Echiquier increased its holdings in shares of BlackSky Technology by 13.6% during the 2nd quarter. LA Financiere DE L Echiquier now owns 933,000 shares of the company’s stock worth $998,000 after buying an additional 112,000 shares during the last quarter. GSA Capital Partners LLP increased its holdings in shares of BlackSky Technology by 123.8% during the 1st quarter. GSA Capital Partners LLP now owns 315,900 shares of the company’s stock worth $430,000 after buying an additional 174,773 shares during the last quarter. Squarepoint Ops LLC acquired a new stake in shares of BlackSky Technology during the 2nd quarter worth $295,000. Finally, Vanguard Group Inc. increased its holdings in shares of BlackSky Technology by 17.8% during the 1st quarter. Vanguard Group Inc. now owns 5,291,909 shares of the company’s stock worth $7,197,000 after buying an additional 800,287 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.