Bank of America Initiates Coverage on HawkEye 360 (NYSE:HAWK)

Equities research analysts at Bank of America assumed coverage on shares of HawkEye 360 (NYSE:HAWK) in a research note issued on Monday,Benzinga reports. The firm set a “neutral” rating on the stock.

Several other analysts have also commented on HAWK. Robert W. Baird set a $41.00 target price on shares of HawkEye 360 and gave the company an “outperform” rating in a research note on Monday. UBS Group set a $42.00 price objective on shares of HawkEye 360 in a research note on Monday. The Goldman Sachs Group began coverage on shares of HawkEye 360 in a research note on Monday. They set a “buy” rating and a $42.00 price target on the stock. Wall Street Zen upgraded shares of HawkEye 360 to a “hold” rating in a research note on Saturday, May 16th. Finally, Jefferies Financial Group began coverage on shares of HawkEye 360 in a research note on Monday. They issued a “hold” rating on the stock. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $41.20.

HawkEye 360 Price Performance

Shares of NYSE:HAWK opened at $33.01 on Monday. The company has a market capitalization of $3.07 billion, a PE ratio of -11.46 and a beta of 0.72. HawkEye 360 has a twelve month low of $29.26 and a twelve month high of $35.73.

Insider Transactions at HawkEye 360

In related news, Director Francis Alphonse Finelli purchased 9,615 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were bought at an average cost of $26.00 per share, for a total transaction of $249,990.00. Following the transaction, the director directly owned 9,615 shares of the company’s stock, valued at approximately $249,990. This trade represents a ? increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 3.80% of the stock is owned by corporate insiders.

HawkEye 360 Company Profile

HawkEye 360 is a U.S.-based geospatial intelligence company that operates a commercial satellite constellation and analytics platform focused on radio frequency (RF) data. The company collects and geolocates RF emissions from space using clusters of small satellites, turning raw signal detections into actionable datasets and insights. Its technology is designed to reveal signal sources and patterns that are difficult or impossible to observe with conventional remote sensing systems.

HawkEye 360 offers subscription access to geospatial RF datasets, on-demand tasking, and analytic services delivered through cloud-based tools and APIs.