9,700 Shares in SpaceX $SPCX Bought by Quattro Financial Advisors LLC

Key Points

• Quattro Financial Advisors acquired 9,700 SpaceX shares in the third quarter, valued at approximately $1.46 million. Several other institutional investors also initiated smaller positions.
• COO Gwynne Shotwell sold 342,170 shares for roughly $52.5 million under a pre-arranged Rule 10b5-1 plan, reducing her direct ownership by 12.16%.
• Analysts maintain a generally positive outlook, with SpaceX receiving a consensus “Moderate Buy” rating and a $220.06 price target. Shares opened at $148.62, while quarterly revenue rose 91.9% year over year and earnings exceeded estimates.

Quattro Financial Advisors LLC acquired a new position in shares of SpaceX (NASDAQ:SPCX - Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 9,700 shares of the company's stock, valued at approximately $1,463,000.

Other large investors also recently made changes to their positions in the company. Syntax Research Inc. purchased a new position in shares of SpaceX in the 2nd quarter valued at $26,000. Atwood & Palmer Inc. acquired a new position in shares of SpaceX during the 2nd quarter valued at $29,000. PayPay Securities Corp purchased a new stake in SpaceX during the 2nd quarter worth $30,000. Hickory Point Bank & Trust purchased a new stake in SpaceX during the 3rd quarter worth $30,000. Finally, Maryland Capital Advisors Inc. purchased a new stake in SpaceX during the 3rd quarter worth $30,000.

Insider Buying and Selling

In other SpaceX news, COO Gwynne Shotwell sold 342,170 shares of the company's stock in a transaction dated Tuesday, September 22nd. The shares were sold at an average price of $153.57, for a total value of $52,547,046.90. Following the completion of the transaction, the chief operating officer directly owned 2,472,035 shares of the company's stock, valued at $379,630,414.95. This represents a 12.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Pivotal Research reiterated a "buy" rating and issued a $230.00 price target on shares of SpaceX in a report on Monday. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of SpaceX in a research report on Monday, September 28th. UBS Group reiterated a "buy" rating on shares of SpaceX in a research note on Tuesday, September 29th. KeyCorp reiterated a "sector weight" rating on shares of SpaceX in a research note on Tuesday, July 28th. Finally, Sanford C. Bernstein reiterated a "buy" rating on shares of SpaceX in a report on Monday, September 28th. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, nine have issued a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, SpaceX currently has an average rating of "Moderate Buy" and a consensus price target of $220.06.

SpaceX Trading Down 2.3%

Shares of SPCX stock opened at $148.62 on Friday. The stock has a market capitalization of $1.96 trillion and a P/E ratio of -1,651.33. The company has a fifty day moving average price of $148.19. The company has a quick ratio of 4.99, a current ratio of 5.12 and a debt-to-equity ratio of 0.29. SpaceX has a twelve month low of $104.83 and a twelve month high of $225.64.

SpaceX (NASDAQ:SPCX - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported ($0.09) earnings per share for the quarter, beating analysts' consensus estimates of ($0.26) by $0.17. The firm had revenue of $7.81 billion for the quarter. The firm's revenue for the quarter was up 91.9% compared to the same quarter last year. Equities research analysts predict that SpaceX will post 0.07 EPS for the current year.

Key Headlines Impacting SpaceX

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Large Google contract supports growth expectations. Google is reportedly renting SpaceX computing capacity for approximately $920 million per month under a 33-month agreement valued at up to $30 billion, although the full amount is not guaranteed. Google contract article
• Positive Sentiment: Starlink’s commercial momentum remains strong. United Airlines has equipped more than 635 aircraft with Starlink, covering nearly half its fleet, while American Airlines plans installations on more than 1,030 aircraft. SpaceX also reportedly added about 570,000 subscribers per month in the second quarter. United Airlines Starlink article
• Positive Sentiment: Institutional results highlight SpaceX’s investment appeal. Harvard’s endowment rose 27.1% in fiscal 2026, helped by its reported $2.2 billion SpaceX holding. Morgan Stanley maintained an Overweight rating and a $300 price target, while some analysts remain substantially more bullish. Harvard endowment article
• Neutral Sentiment: Starship and wireless expansion offer future upside but require execution. Investors are watching the timing of a Florida Starship launch and SpaceX’s ambitions to expand Starlink into mobile wireless. Analysts note that terrestrial infrastructure, spectrum deployment and device compatibility could require billions in additional spending. Wireless expansion article
• Negative Sentiment: Ukraine-related restrictions increased political and reputational risk. Ukrainian officials said Starlink or Starshield speed limits disrupted drone operations. Elon Musk attributed any restrictions to the U.S. government, and reports later indicated service was at least partially restored. The dispute could threaten government relationships and future contracts. Ukraine Starshield article
• Negative Sentiment: Insider share unlocks may increase supply. A further release of as many as 1.3 billion shares is approaching, potentially creating dilution or selling pressure shortly after SpaceX’s recent IPO. SpaceX share unlock article
• Negative Sentiment: Valuation leaves little room for disappointment. Commentators said SpaceX already reflects substantial growth, and its large market capitalization could limit returns even if revenue continues rising. Speculation about a Tesla merger remains unconfirmed and has not provided a dependable near-term catalyst. SpaceX valuation article

SpaceX Profile

Space Exploration Technologies Corp. (SpaceX) is a privately held aerospace company founded in 2002 by Elon Musk. The company develops and operates launch vehicles, spacecraft and satellite systems designed to reduce the cost of access to space and support commercial, government and scientific missions.

SpaceX's primary products and services include the Falcon 9 and Falcon Heavy launch vehicles, the Dragon spacecraft and the Starlink satellite internet network. The company also is developing Starship, a fully reusable launch and spacecraft system intended for missions to Earth orbit, the Moon and Mars.

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