Bank of New York Mellon Corp Sells 1,623,432 Shares of York Space Systems Inc. $YSS

Bank of New York Mellon Corp reduced its stake in York Space Systems Inc. (NYSE:YSS - Free Report) by 96.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 56,873 shares of the company's stock after selling 1,623,432 shares during the period. Bank of New York Mellon Corp's holdings in York Space Systems were worth $1,400,000 at the end of the most recent quarter.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Raymond James Financial downgraded York Space Systems from an "outperform" rating to a "market perform" rating in a research note on Wednesday, July 29th. JPMorgan Chase & Co. reiterated a "neutral" rating and set a $17.00 price objective (down from $38.00) on shares of York Space Systems in a research note on Monday, August 17th. Citigroup raised their target price on shares of York Space Systems from $31.00 to $33.00 and gave the company a "buy" rating in a report on Wednesday, July 1st. The Goldman Sachs Group set a $14.00 target price on shares of York Space Systems in a research report on Tuesday, August 25th. Finally, Canaccord Genuity Group reaffirmed a "hold" rating and set a $13.50 price target (down from $36.00) on shares of York Space Systems in a report on Monday, August 17th. Five analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $19.41.

York Space Systems Trading Down 9.4%

Shares of YSS stock opened at $8.10 on Thursday. York Space Systems Inc. has a twelve month low of $8.05 and a twelve month high of $44.54. The stock's fifty day simple moving average is $14.19 and its 200 day simple moving average is $23.31. The company has a quick ratio of 5.05, a current ratio of 5.34 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $1.11 billion and a P/E ratio of -13.72.

York Space Systems (NYSE:YSS - Get Free Report) last announced its quarterly earnings results on Thursday, August 13th. The company reported ($0.31) EPS for the quarter, missing analysts' consensus estimates of ($0.19) by ($0.12). The firm had revenue of $92.55 million during the quarter. As a group, sell-side analysts predict that York Space Systems Inc. will post -1.73 EPS for the current fiscal year.

Insider Transactions at York Space Systems

In other news, major shareholder Blackrock Portfolio Management sold 201,504 shares of the firm's stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $11.60, for a total transaction of $2,337,446.40. Following the completion of the transaction, the insider owned 16,717,285 shares of the company's stock, valued at approximately $193,920,506. This trade represents a 1.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last ninety days, insiders have sold 655,215 shares of company stock valued at $8,390,822.

More York Space Systems News

Here are the key news stories impacting York Space Systems this week:

• Negative Sentiment: Multiple law firms announced or promoted a class action against York and certain executives. The lawsuits cover investors who bought shares in the January 2026 IPO and/or securities between January 29 and May 11, 2026. The firms allege York made misleading statements about its satellite platform, program execution, and contract outlook. Robbins LLP investigation
• Negative Sentiment: One investor notice alleges York launched Tranche 1 spacecraft before mission and payload software was complete, requiring software debugging in orbit. It further claims the resulting operational problems preceded the loss of a customer responsible for approximately 96% of company revenue, raising substantial concerns about execution and revenue concentration. Levi & Korsinsky shareholder alert
• Negative Sentiment: Another notice says York had represented that it held an incumbent position for SDA Tranches 3 and 4, but the Pentagon later halted Tranche 3 funding. The notices link those developments to a sharp prior decline in the stock, reinforcing investor concerns about contract durability and future growth. SueWallSt shareholder notice
• Neutral Sentiment: Investors who purchased qualifying securities have until October 30, 2026 to seek appointment as lead plaintiff. The deadline is a procedural development and does not represent a finding that York violated securities laws; the allegations remain unproven.

About York Space Systems

York Space Systems is a leading, U.S.-based, space and defense prime(1) providing a comprehensive suite of mission-critical solutions for national security, government and commercial customers. York is one of the only space and defense primes with proprietary hardware and software capabilities designed to address customers' complex mission requirements across the critical elements of the entire space ecosystem throughout the mission lifecycle. York is the number one provider to the U.S. Department of Defense's (“DoD”) Proliferated Warfighter Space Architecture (“PWSA”) by number of spacecraft operating in-orbit, by number of contracts, and by variety of contract types as of September 2025.

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