SpaceX $SPCX Shares Purchased by Ariston Services Group

Key Points

• Ariston Services Group increased its SpaceX position by 81.2% in the third quarter, ending with 23,696 shares valued at approximately $3.575 million. Several other 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 stake by 12.16%.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $221.34; SpaceX also reported quarterly revenue of $7.81 billion, up 91.9% year over year, while narrowing its loss relative to estimates.

Ariston Services Group raised its position in SpaceX (NASDAQ:SPCX - Free Report) by 81.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 23,696 shares of the company's stock after buying an additional 10,621 shares during the period. SpaceX comprises about 2.0% of Ariston Services Group's portfolio, making the stock its 13th largest holding. Ariston Services Group's holdings in SpaceX were worth $3,575,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Syntax Research Inc. purchased a new position in SpaceX in the 2nd quarter valued at $26,000. Atwood & Palmer Inc. acquired a new stake in shares of SpaceX in the second quarter valued at about $29,000. PayPay Securities Corp acquired a new stake in shares of SpaceX in the second quarter valued at about $30,000. Marquette Asset Management LLC purchased a new position in shares of SpaceX in the second quarter worth about $32,000. Finally, Hickory Point Bank & Trust purchased a new position in shares of SpaceX in the third quarter worth about $30,000.

Insider Buying and Selling at SpaceX

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

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on SPCX shares. Roth Capital upgraded shares of SpaceX to a "buy" rating in a research report on Monday, June 22nd. Oppenheimer increased their price objective on shares of SpaceX from $250.00 to $280.00 and gave the company an "outperform" rating in a report on Wednesday, September 2nd. Wells Fargo & Company cut their price objective on shares of SpaceX from $215.00 to $212.00 and set an "overweight" rating for the company in a report on Tuesday, September 8th. Clear Str raised shares of SpaceX to a "strong-buy" rating in a research note on Tuesday, July 7th. Finally, Barclays assumed coverage on SpaceX in a report on Friday, October 9th. They set an "overweight" rating and a $254.00 target price on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, nine have issued a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $221.34.

More SpaceX News

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Prediction-market odds of a Tesla-SpaceX combination before March 2027 rose above 50%, reaching roughly 55%-56% after Tesla unveiled a Roadster using SpaceX thruster technology. Analysts including Dan Ives argue the demonstration supports the idea of a shared engineering and artificial-intelligence platform. Prediction market odds on Tesla-SpaceX merger are above 50% for early 2027
• Positive Sentiment: Evercore raised its SpaceX target, citing progress toward major commercial “proof points” and more than $100 billion in potential revenue. Investors are also focused on third-quarter results due October 20, including Starlink growth, launch cadence and investment needs. SpaceX Q3 Earnings Countdown
• Positive Sentiment: SpaceX continues expanding Starlink’s commercial opportunity, including airline deployments at United Airlines and a planned mobile-network push beginning in rural America. Its reported spectrum strategy could broaden the addressable market beyond satellite broadband. SpaceX Expands Footprint With United Airlines
• Neutral Sentiment: SpaceX and Nvidia are reportedly collaborating on AI data centers in space, with initial satellite launches targeted for 2027. The project could create a new growth avenue, but it remains an early-stage initiative. SpaceX and Nvidia Team Up on AI Data Centers in Space
• Negative Sentiment: Reports that Ukraine’s military Starlink/Starshield access was restricted disrupted drone operations and renewed concerns about SpaceX’s geopolitical exposure and customer reliability. Service reportedly resumed, while President Trump denied ordering the restrictions, leaving responsibility unclear. Trump says White House didn't order Starlink restrictions in Ukraine
• Negative Sentiment: Analysts caution that SpaceX’s spectrum deal still leaves it far smaller than established telecom giants, while upcoming insider share unlocks may add selling pressure. The company also faces scrutiny from a New York City Council AI-safety investigation.

SpaceX Stock Down 1.7%

Shares of SPCX opened at $146.03 on Friday. The business has a fifty day moving average of $148.44. The company has a quick ratio of 4.99, a current ratio of 5.12 and a debt-to-equity ratio of 0.29. The firm has a market cap of $1.92 trillion and a P/E ratio of -1,622.56. SpaceX has a 52-week low of $104.83 and a 52-week high of $225.64.

SpaceX (NASDAQ:SPCX - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.26) by $0.17. The firm had revenue of $7.81 billion during the quarter. The firm's revenue for the quarter was up 91.9% on a year-over-year basis. As a group, equities analysts anticipate that SpaceX will post 0.07 earnings per share for the current fiscal year.

SpaceX Company Profile

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

SpaceX's principal products and services include the Falcon 9 and Falcon Heavy rockets, the Dragon spacecraft and the Starlink satellite communications network. Falcon rockets are used to launch satellites, cargo and crew, while Dragon spacecraft support transportation to and from low Earth orbit.

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