Starfighters Space (NYSEAMERICAN:FJET) Major Shareholder Richard William Svetkoff Sells 13,773 Shares

Starfighters Space, Inc. (NYSEAMERICAN:FJET) major shareholder Richard William Svetkoff sold 13,773 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $5.21, for a total value of $71,757.33. Following the sale, the insider directly owned 13,906,227 shares in the company, valued at approximately $72,451,442.67. This represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Richard William Svetkoff also recently made the following trade(s):

• On Tuesday, August 4th, Richard William Svetkoff sold 30,092 shares of Starfighters Space stock. The stock was sold at an average price of $3.95, for a total transaction of $118,863.40.
• On Thursday, June 4th, Richard William Svetkoff sold 94,908 shares of Starfighters Space stock. The shares were sold at an average price of $10.24, for a total transaction of $971,857.92.

Starfighters Space Stock Performance

FJET stock traded down $0.16 during trading on Monday, hitting $3.32. 739,418 shares of the company’s stock traded hands, compared to its average volume of 1,527,141. The stock has a market capitalization of $182.60 million and a price-to-earnings ratio of -3.73. Starfighters Space, Inc. has a 52 week low of $3.28 and a 52 week high of $31.50. The stock has a fifty day moving average price of $4.16 and a two-hundred day moving average price of $5.67. The company has a quick ratio of 11.95, a current ratio of 11.94 and a debt-to-equity ratio of 0.01.

Starfighters Space (NYSEAMERICAN:FJET) last posted its quarterly earnings results on Wednesday, August 19th. The company reported ($0.24) earnings per share (EPS) for the quarter.

Hedge Funds Weigh In On Starfighters Space

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Elevation Point Wealth Partners LLC bought a new position in shares of Starfighters Space during the fourth quarter valued at approximately $116,000. Legacy Wealth Managment LLC ID acquired a new stake in shares of Starfighters Space during the 2nd quarter worth approximately $53,000. Jane Street Group LLC bought a new stake in shares of Starfighters Space in the 4th quarter worth approximately $151,000. Cerity Partners LLC acquired a new position in Starfighters Space during the 4th quarter valued at approximately $718,000. Finally, Goldman Sachs Group Inc. acquired a new position in Starfighters Space during the 4th quarter valued at approximately $1,322,000.

About Starfighters Space

The Company’s mission statement is to make space accessible to entrepreneurs, researchers, industry, and government at a high cadence and the right cost. Currently, Starfighters operates the world’s only commercial fleet of flight-ready F-104 supersonic aircraft (“Lockheed F-104”). The Lockheed F-104 was developed as a supersonic aircraft for the United States Armed Forces. The single engine interceptor was favoured for its maximum altitude and climb performance. It was the first production aircraft to reach over MACH 2 in sustained, level flight, which was one of the key criteria as to why the NASA used the Lockheed F-104 for high-speed flight research at the Dryden Flight Research Center.