HawkEye 360 (NYSE:HAWK) Stock Rating Upgraded by Royal Bank Of Canada

HawkEye 360 (NYSE:HAWK) was upgraded by stock analysts at Royal Bank Of Canada to a “moderate buy” rating in a research note issued to investors on Monday,Zacks.com reports.

Several other analysts have also recently issued reports on HAWK. Morgan Stanley started coverage on shares of HawkEye 360 in a research note on Monday. They set an “overweight” rating and a $41.00 price objective for the company. The Goldman Sachs Group assumed coverage on shares of HawkEye 360 in a report on Monday. They set a “buy” rating and a $42.00 target price on the stock. Robert W. Baird assumed coverage on shares of HawkEye 360 in a report on Monday. They set an “outperform” rating and a $41.00 target price on the stock. UBS Group set a $42.00 target price on shares of HawkEye 360 in a report on Monday. Finally, Bank of America assumed coverage on shares of HawkEye 360 in a report on Monday. They set a “neutral” rating and a $34.00 target price on the stock. Three investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $39.25.

HawkEye 360 Price Performance

Shares of NYSE HAWK opened at $31.54 on Monday. HawkEye 360 has a 52-week low of $28.83 and a 52-week high of $35.73. The firm has a market cap of $2.94 billion, a PE ratio of -11.46 and a beta of 0.72.

Insider Buying and Selling at HawkEye 360

In other HawkEye 360 news, Director Francis Alphonse Finelli bought 9,615 shares of HawkEye 360 stock in a transaction that occurred on Friday, May 8th. The shares were acquired at an average price of $26.00 per share, for a total transaction of $249,990.00. Following the acquisition, the director owned 9,615 shares of the company’s stock, valued at $249,990. The trade was a ? increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 3.80% of the company’s stock.

About HawkEye 360

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.