Lbp Am Sa Trims Stock Position in BlackSky Technology Inc. (NYSE:BKSY)

Lbp Am Sa decreased its holdings in BlackSky Technology Inc. (NYSE:BKSY) by 49.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,974 shares of the company’s stock after selling 30,572 shares during the quarter. Lbp Am Sa owned approximately 0.10% of BlackSky Technology worth $334,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Farther Finance Advisors LLC purchased a new stake in BlackSky Technology in the fourth quarter valued at approximately $44,000. SBI Securities Co. Ltd. purchased a new stake in shares of BlackSky Technology during the 4th quarter valued at $84,000. LexAurum Advisors LLC purchased a new stake in shares of BlackSky Technology during the 4th quarter valued at $108,000. SG Americas Securities LLC purchased a new position in shares of BlackSky Technology in the 4th quarter worth $111,000. Finally, Capital Investment Counsel Inc purchased a new position in shares of BlackSky Technology in the 4th quarter worth $129,000. Institutional investors and hedge funds own 27.15% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Benchmark restated a “buy” rating and set a $17.00 price target on shares of BlackSky Technology in a research note on Friday, March 7th. Oppenheimer raised their price target on shares of BlackSky Technology from $10.00 to $30.00 and gave the company an “outperform” rating in a report on Wednesday, February 19th. Finally, HC Wainwright reiterated a “buy” rating and set a $20.00 price objective on shares of BlackSky Technology in a research note on Friday, March 7th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $21.80.

BlackSky Technology Stock Up 3.2 %

NYSE BKSY opened at $9.08 on Monday. The company has a quick ratio of 5.68, a current ratio of 5.68 and a debt-to-equity ratio of 0.89. BlackSky Technology Inc. has a fifty-two week low of $3.86 and a fifty-two week high of $21.92. The business has a 50 day moving average price of $13.47 and a two-hundred day moving average price of $10.04. The stock has a market cap of $279.41 million, a PE ratio of -4.02 and a beta of 1.27.

BlackSky Technology Profile

BlackSky Technology Inc provides geospatial intelligence, imagery and related data analytic products and services, and mission systems that include the development, integration, and operation of satellite and ground systems for government and commercial customers in North America, the Middle East, the Asia Pacific, and internationally.