Alyeska Investment Group L.P. Takes Position in HawkEye 360, Inc. $HAWK

Key Points

• Alyeska Investment Group acquired 265,000 shares of HawkEye 360 worth approximately $5.36 million, representing about 0.27% of the company.
• Analyst sentiment is broadly positive, with an average “Moderate Buy” rating and a consensus price target of $36.56, despite targets ranging from buy to sell.
• HawkEye 360 reported quarterly EPS of a $0.07 loss, beating estimates for a $0.13 loss, on revenue of $49.81 million. The stock opened at $18.26, near its 52-week low of $17.02.

Alyeska Investment Group L.P. purchased a new position in HawkEye 360, Inc. (NYSE:HAWK - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 265,000 shares of the company's stock, valued at approximately $5,358,000. Alyeska Investment Group L.P. owned approximately 0.27% of HawkEye 360 at the end of the most recent quarter.

Analyst Ratings Changes

HAWK has been the subject of a number of recent research reports. Wall Street Zen upgraded shares of HawkEye 360 from a "sell" rating to a "hold" rating in a report on Saturday, August 15th. Zacks Research raised shares of HawkEye 360 to a "hold" rating in a research report on Tuesday, June 2nd. Robert W. Baird began coverage on shares of HawkEye 360 in a research report on Monday, June 1st. They set an "outperform" rating and a $41.00 target price for the company. Weiss Ratings began coverage on shares of HawkEye 360 in a report on Friday, August 14th. They issued a "sell (d)" rating on the stock. Finally, Jefferies Financial Group reduced their price target on HawkEye 360 from $34.00 to $31.00 and set a "buy" rating on the stock in a research report on Monday, August 17th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $36.56.

HawkEye 360 Stock Performance

NYSE HAWK opened at $18.26 on Wednesday. The firm has a fifty day moving average price of $20.99. HawkEye 360, Inc. has a 1 year low of $17.02 and a 1 year high of $35.73.

HawkEye 360 (NYSE:HAWK - Get Free Report) last issued its quarterly earnings results on Thursday, August 13th. The company reported ($0.07) EPS for the quarter, topping analysts' consensus estimates of ($0.13) by $0.06. The firm had revenue of $49.81 million for the quarter. On average, analysts expect that HawkEye 360, Inc. will post -0.01 earnings per share for the current fiscal year.

HawkEye 360 Company Profile

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.

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