BlackSky Technology (NYSE:BKSY) CFO Sells $67,400.00 in Stock

BlackSky Technology Inc. (NYSE:BKSY) CFO Henry Dubois sold 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $16.85, for a total value of $67,400.00. Following the completion of the sale, the chief financial officer owned 474,931 shares in the company, valued at approximately $8,002,587.35. This represents a 0.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Henry Edward Dubois also recently made the following trade(s):

• On Monday, September 21st, Henry Dubois sold 4,000 shares of BlackSky Technology stock. The stock was sold at an average price of $22.97, for a total transaction of $91,880.00.
• On Friday, September 11th, Henry Dubois sold 15,225 shares of BlackSky Technology stock. The shares were sold at an average price of $20.95, for a total value of $318,963.75.
• On Friday, August 28th, Henry Dubois sold 4,000 shares of BlackSky Technology stock. The stock was sold at an average price of $23.78, for a total transaction of $95,120.00.

BlackSky Technology Price Performance

NYSE:BKSY opened at $17.58 on Friday. The stock has a 50 day moving average of $21.96 and a two-hundred day moving average of $28.84. BlackSky Technology Inc. has a 12 month low of $12.41 and a 12 month high of $52.88. The firm has a market cap of $719.38 million, a P/E ratio of -9.66 and a beta of 2.70. The company has a current ratio of 5.83, a quick ratio of 5.72 and a debt-to-equity ratio of 0.94.

BlackSky Technology (NYSE:BKSY) last posted its quarterly earnings results on Thursday, August 6th. The company reported ($0.54) earnings per share for the quarter, missing the consensus estimate of ($0.38) by ($0.16). BlackSky Technology had a negative return on equity of 51.24% and a negative net margin of 61.24%. The business had revenue of $33.32 million during the quarter, compared to analysts’ expectations of $30.72 million. On average, analysts expect that BlackSky Technology Inc. will post -1.09 earnings per share for the current fiscal year.

Hedge Funds Weigh In On BlackSky Technology

A number of institutional investors and hedge funds have recently made changes to their positions in BKSY. Tema ETFs LLC lifted its stake in BlackSky Technology by 110,505.8% in the 2nd quarter. Tema ETFs LLC now owns 1,446,724 shares of the company’s stock valued at $40,393,000 after buying an additional 1,445,416 shares in the last quarter. Tidal Investments LLC acquired a new position in BlackSky Technology in the second quarter valued at $39,289,000. AWM Investment Company Inc. purchased a new position in shares of BlackSky Technology in the 2nd quarter valued at $33,504,000. Bank of America Corp DE grew its position in BlackSky Technology by 156.1% in the first quarter. Bank of America Corp DE now owns 412,891 shares of the company’s stock valued at $10,388,000 after acquiring an additional 251,638 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC lifted its stake in shares of BlackSky Technology by 88.2% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 170,618 shares of the company’s stock worth $4,293,000 after acquiring an additional 79,970 shares in the last quarter. 27.15% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about BlackSky Technology

Here are the key news stories impacting BlackSky Technology this week:

• Positive Sentiment: BlackSky won an expanded, seven-figure Gen-3 Assured contract with an international defense partner. The agreement supports demand for BlackSky’s satellite imagery and analytics and could improve visibility into future revenue, although the customer and exact contract value were not disclosed. BlackSky Wins Expanded Seven-Figure Gen-3 Assured Contract with International Defense Partner
• Neutral Sentiment: Analyst commentary comparing BlackSky with Planet Labs highlights growing demand for satellite imagery and AI-driven analytics. The comparison reportedly favors Planet Labs on financial strength and growth prospects, limiting the bullish read-through for BKSY. Planet Labs vs. BlackSky: Which Space Stock Is the Better Pick?
• Negative Sentiment: BlackSky insiders sold a combined 30,000 shares worth approximately $505,760: CEO Brian O’Toole sold 20,000 shares, CFO Henry Dubois sold 4,000, and Chief Accounting Officer Christiana Lin sold 6,000. The transactions were conducted under pre-arranged Rule 10b5-1 plans, and each executive retained a substantial stake, which reduces—but does not eliminate—the negative signal. BlackSky Technology Insider Sold Shares Worth $337,200, According to a Recent SEC Filing
• Negative Sentiment: BlackSky’s latest reported quarter showed a $0.54 loss per share, wider than the expected $0.38 loss. Although revenue exceeded forecasts, the company remains unprofitable, with a negative net margin and analysts expecting a full-year loss.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Clear Str raised BlackSky Technology from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of BlackSky Technology in a research note on Thursday, October 15th. Finally, Wall Street Zen raised BlackSky Technology from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, BlackSky Technology presently has an average rating of “Moderate Buy” and a consensus target price of $39.33.

About BlackSky Technology

BlackSky Technology Inc is a space-based intelligence and geospatial analytics company that provides high-frequency monitoring of activity and changes on Earth. The company combines satellite imagery, artificial intelligence and machine learning, and other data sources to help customers identify and analyze events and locations of interest.

BlackSky operates a constellation of Earth-observation satellites and delivers imagery, alerts, and analytical products through its Spectra platform.