Zacks Research Upgrades HawkEye 360 (NYSE:HAWK) to Hold

HawkEye 360 (NYSE:HAWK) was upgraded by equities research analysts at Zacks Research to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

HAWK has been the topic of a number of other reports. William Blair began coverage on HawkEye 360 in a report on Monday. They issued an “outperform” rating on the stock. Royal Bank Of Canada began coverage on HawkEye 360 in a report on Monday. They issued an “outperform” rating and a $40.00 price target on the stock. Morgan Stanley began coverage on HawkEye 360 in a report on Monday. They issued an “overweight” rating and a $41.00 price target on the stock. Wall Street Zen upgraded HawkEye 360 to a “hold” rating in a report on Saturday, May 16th. Finally, Robert W. Baird began coverage on HawkEye 360 in a research note on Monday. They set an “outperform” rating and a $41.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, HawkEye 360 has an average rating of “Moderate Buy” and a consensus target price of $39.25.

HawkEye 360 Trading Down 12.7%

Shares of NYSE:HAWK opened at $25.65 on Tuesday. HawkEye 360 has a 12-month low of $25.49 and a 12-month high of $35.73. The firm has a market capitalization of $2.39 billion, a PE ratio of -11.46 and a beta of 0.72.

Insiders Place Their Bets

In other news, Director Francis Alphonse Finelli purchased 9,615 shares of the stock in a transaction on Friday, May 8th. The stock was bought at an average price of $26.00 per share, with a total value of $249,990.00. Following the transaction, the director owned 9,615 shares in the company, valued at $249,990. The trade was a ? increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.80% of the stock is currently owned by company insiders.

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.