Satellogic Inc. (NASDAQ:SATL – Get Free Report) CEO Emiliano Kargieman sold 314,767 shares of Satellogic stock in a transaction dated Thursday, October 9th. The shares were sold at an average price of $4.09, for a total value of $1,287,397.03. Following the transaction, the chief executive officer owned 1,619,479 shares in the company, valued at $6,623,669.11. This trade represents a 16.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Emiliano Kargieman also recently made the following trade(s):
- On Friday, October 10th, Emiliano Kargieman sold 1,836 shares of Satellogic stock. The shares were sold at an average price of $4.03, for a total value of $7,399.08.
- On Wednesday, October 8th, Emiliano Kargieman sold 85,700 shares of Satellogic stock. The shares were sold at an average price of $4.03, for a total value of $345,371.00.
- On Tuesday, September 23rd, Emiliano Kargieman sold 130 shares of Satellogic stock. The shares were sold at an average price of $4.00, for a total value of $520.00.
- On Tuesday, September 16th, Emiliano Kargieman sold 17,380 shares of Satellogic stock. The shares were sold at an average price of $3.75, for a total value of $65,175.00.
- On Monday, September 15th, Emiliano Kargieman sold 209,413 shares of Satellogic stock. The shares were sold at an average price of $3.85, for a total value of $806,240.05.
- On Friday, September 12th, Emiliano Kargieman sold 435,956 shares of Satellogic stock. The shares were sold at an average price of $3.94, for a total value of $1,717,666.64.
- On Thursday, September 11th, Emiliano Kargieman sold 60,416 shares of Satellogic stock. The shares were sold at an average price of $3.77, for a total value of $227,768.32.
- On Wednesday, September 10th, Emiliano Kargieman sold 80,951 shares of Satellogic stock. The shares were sold at an average price of $3.77, for a total value of $305,185.27.
- On Tuesday, September 9th, Emiliano Kargieman sold 1,149 shares of Satellogic stock. The shares were sold at an average price of $3.75, for a total value of $4,308.75.
- On Wednesday, September 3rd, Emiliano Kargieman sold 76,685 shares of Satellogic stock. The shares were sold at an average price of $3.76, for a total value of $288,335.60.
Satellogic Price Performance
Shares of Satellogic stock opened at $3.39 on Friday. The business’s 50 day simple moving average is $3.58 and its 200 day simple moving average is $3.65. Satellogic Inc. has a 52-week low of $0.93 and a 52-week high of $5.49.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Satellogic in a research report on Wednesday. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Satellogic currently has a consensus rating of “Sell”.
Get Our Latest Stock Report on SATL
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the stock. Halter Ferguson Financial Inc. acquired a new position in shares of Satellogic during the 3rd quarter worth approximately $1,276,000. LMR Partners LLP acquired a new position in shares of Satellogic during the 2nd quarter worth approximately $30,000. Bank of America Corp DE acquired a new position in shares of Satellogic during the 2nd quarter worth approximately $88,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Satellogic during the 2nd quarter worth approximately $137,000. Finally, The Manufacturers Life Insurance Company acquired a new position in shares of Satellogic during the 2nd quarter worth approximately $87,000. Institutional investors and hedge funds own 17.58% of the company’s stock.
About Satellogic
Satellogic Inc operates as an integrated geospatial company in the Asia Pacific, North America, and internationally. It engages in tasking satellites with monitoring assets and keeping up with their changing reality for government and commercial customers; control satellites on top of specific areas of interest for governments; and sale and support satellites.
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