Liberty 77 Capital L.P. Makes New Investment in Satellogic Inc. (NASDAQ:SATL)

Liberty 77 Capital L.P. purchased a new position in shares of Satellogic Inc. (NASDAQ:SATL) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 20,000,000 shares of the company’s stock, valued at approximately $57,000,000. Satellogic makes up about 24.4% of Liberty 77 Capital L.P.’s holdings, making the stock its 2nd largest position. Liberty 77 Capital L.P. owned about 22.15% of Satellogic as of its most recent filing with the SEC.

Separately, Virtu Financial LLC acquired a new stake in Satellogic during the fourth quarter worth approximately $68,000. 17.58% of the stock is currently owned by institutional investors.

Satellogic Stock Performance

SATL opened at $3.75 on Thursday. The company’s 50-day moving average is $3.40 and its 200 day moving average is $2.39. Satellogic Inc. has a fifty-two week low of $0.72 and a fifty-two week high of $5.49.

Satellogic Profile

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.