LBP AM SA lowered its stake in shares of BlackSky Technology Inc. (NYSE:BKSY - Free Report) by 49.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 30,974 shares of the company's stock after selling 30,572 shares during the period. LBP AM SA owned 0.10% of BlackSky Technology worth $334,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Thompson Siegel & Walmsley LLC purchased a new stake in BlackSky Technology in the third quarter valued at $3,674,000. SG Americas Securities LLC purchased a new stake in BlackSky Technology in the fourth quarter valued at $111,000. LexAurum Advisors LLC purchased a new stake in BlackSky Technology in the fourth quarter valued at $108,000. Griffin Asset Management Inc. purchased a new stake in BlackSky Technology in the fourth quarter valued at $196,000. Finally, Patriot Financial Group Insurance Agency LLC purchased a new stake in BlackSky Technology in the fourth quarter valued at $1,297,000. Institutional investors and hedge funds own 27.15% of the company's stock.
BlackSky Technology Stock Down 2.5 %
NYSE BKSY traded down $0.23 during trading hours on Thursday, hitting $8.75. 568,354 shares of the company were exchanged, compared to its average volume of 713,734. The company has a 50 day moving average of $13.35 and a two-hundred day moving average of $10.03. The company has a quick ratio of 5.68, a current ratio of 5.68 and a debt-to-equity ratio of 0.89. BlackSky Technology Inc. has a 52-week low of $3.86 and a 52-week high of $21.92. The firm has a market cap of $269.16 million, a price-to-earnings ratio of -3.87 and a beta of 1.27.
Analyst Ratings Changes
A number of equities research analysts have commented on the company. Oppenheimer lifted their target price on BlackSky Technology from $10.00 to $30.00 and gave the company an "outperform" rating in a research report on Wednesday, February 19th. Benchmark reiterated a "buy" rating and issued a $17.00 price objective on shares of BlackSky Technology in a report on Friday, March 7th. Finally, HC Wainwright reiterated a "buy" rating and issued a $20.00 price objective on shares of BlackSky Technology in a report on Friday, March 7th. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $21.80.
View Our Latest Analysis on BlackSky Technology
BlackSky Technology Profile
(
Free Report)
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.
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