Oppenheimer & Co. Inc. acquired a new stake in shares of BlackSky Technology Inc. (NYSE:BKSY - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 25,571 shares of the company's stock, valued at approximately $276,000. Oppenheimer & Co. Inc. owned 0.08% of BlackSky Technology at the end of the most recent quarter.
A number of other large investors have also bought and sold shares of the company. Thompson Siegel & Walmsley LLC purchased a new stake in shares of BlackSky Technology during the third quarter worth $3,674,000. Patriot Financial Group Insurance Agency LLC bought a new stake in shares of BlackSky Technology during the 4th quarter valued at $1,297,000. Bank of New York Mellon Corp lifted its holdings in BlackSky Technology by 89.1% during the 4th quarter. Bank of New York Mellon Corp now owns 56,298 shares of the company's stock worth $607,000 after purchasing an additional 26,528 shares in the last quarter. Rhumbline Advisers boosted its stake in BlackSky Technology by 98.5% in the 4th quarter. Rhumbline Advisers now owns 31,446 shares of the company's stock worth $339,000 after purchasing an additional 15,607 shares during the period. Finally, Griffin Asset Management Inc. bought a new position in BlackSky Technology in the 4th quarter worth about $196,000. 27.15% of the stock is owned by hedge funds and other institutional investors.
BlackSky Technology Price Performance
Shares of NYSE BKSY traded up $0.18 during midday trading on Wednesday, hitting $9.27. 1,185,969 shares of the company's stock were exchanged, compared to its average volume of 1,830,724. The company has a current ratio of 5.68, a quick ratio of 5.68 and a debt-to-equity ratio of 0.89. The business's fifty day moving average price is $13.59 and its two-hundred day moving average price is $10.05. The company has a market cap of $285.35 million, a price-to-earnings ratio of -4.10 and a beta of 1.27. BlackSky Technology Inc. has a 12-month low of $3.86 and a 12-month high of $21.92.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on the stock. Benchmark reissued a "buy" rating and issued a $17.00 price target on shares of BlackSky Technology in a report on Friday, March 7th. HC Wainwright reaffirmed a "buy" rating and set a $20.00 target price on shares of BlackSky Technology in a report on Friday, March 7th. Finally, Oppenheimer raised their price target on shares of BlackSky Technology from $10.00 to $30.00 and gave the company an "outperform" rating in a report on Wednesday, February 19th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $21.80.
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About BlackSky Technology
(
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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