York Space Systems Inc. $YSS Shares Bought by Bank of America Corp DE

Key Points

• Bank of America increased its YSS stake by 234.2% in the second quarter, purchasing 259,577 additional shares and bringing its holdings to 370,425 shares valued at approximately $9.12 million.
• York Space Systems shares opened at $9.57, near their 12-month low, after the company missed quarterly earnings expectations with a loss of $0.31 per share versus the $0.19 consensus estimate. Analysts’ consensus rating remains “Hold,” with a $17.59 average price target.
• YSS faces significant legal and operational risks, including securities-fraud lawsuits alleging misleading disclosures, reported satellite software issues and concerns about Pentagon Tranche 3 funding. Investors have until October 30, 2026 to seek lead-plaintiff appointment in the federal class action.

Bank of America Corp DE raised its holdings in York Space Systems Inc. (NYSE:YSS - Free Report) by 234.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 370,425 shares of the company's stock after purchasing an additional 259,577 shares during the period. Bank of America Corp DE owned about 0.29% of York Space Systems worth $9,120,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in YSS. Persistent Asset Partners Ltd acquired a new stake in shares of York Space Systems in the second quarter valued at about $53,000. The Manufacturers Life Insurance Company acquired a new stake in York Space Systems in the 2nd quarter worth about $350,000. Deutsche Bank AG increased its stake in York Space Systems by 66.6% during the 2nd quarter. Deutsche Bank AG now owns 19,019 shares of the company's stock worth $468,000 after buying an additional 7,603 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of York Space Systems in the second quarter valued at approximately $1,162,000. Finally, BlackRock Inc. boosted its stake in shares of York Space Systems by 1.1% in the second quarter. BlackRock Inc. now owns 19,212,689 shares of the company's stock worth $473,016,000 after acquiring an additional 200,250 shares during the last quarter.

York Space Systems News Roundup

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

• Neutral Sentiment: Multiple law firms reminded investors that October 30, 2026 is the deadline to seek appointment as lead plaintiff in the federal securities class action. The case covers York’s January 2026 IPO securities and purchases made from January 29 through May 11, 2026. York Space Systems securities fraud class action deadline
• Negative Sentiment: The lawsuits allege that York and certain executives violated federal securities laws by making materially misleading statements or omitting important information. The legal claims remain allegations and have not been proven, but they create potential litigation costs, liability and reputational risk for YSS. YSS securities fraud lawsuit
• Negative Sentiment: Investor notices point to alleged satellite software issues and claims that York’s statements about its incumbent position ahead of Pentagon Tranches 3 and 4 failed to reflect subsequent developments. One notice says the Pentagon halted Tranche 3 funding and that the stock fell from $34.00 to as low as $9.33, intensifying concerns about execution and government-contract exposure. YSS satellite software issues and stock drop alert

York Space Systems Stock Down 2.5%

Shares of NYSE:YSS opened at $9.57 on Friday. The company has a market capitalization of $1.31 billion and a price-to-earnings ratio of -16.22. York Space Systems Inc. has a 12-month low of $7.45 and a 12-month high of $44.54. The business has a 50-day moving average price of $11.20 and a 200 day moving average price of $21.95. The company has a current ratio of 5.34, a quick ratio of 5.05 and a debt-to-equity ratio of 0.08.

York Space Systems (NYSE:YSS - Get Free Report) last announced its earnings results on Thursday, August 13th. The company reported ($0.31) earnings per share for the quarter, missing the consensus estimate of ($0.19) by ($0.12). The business had revenue of $92.55 million for the quarter. Sell-side analysts expect that York Space Systems Inc. will post -1.73 EPS for the current year.

Insider Buying and Selling at York Space Systems

In related news, major shareholder Blackrock Portfolio Management sold 200,170 shares of the business's stock in a transaction on Friday, August 7th. The stock was sold at an average price of $10.99, for a total value of $2,199,868.30. Following the sale, the insider owned 16,517,115 shares in the company, valued at approximately $181,523,093.85. The trade was a 1.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 655,215 shares of company stock valued at $8,390,822 over the last ninety days.

Wall Street Analyst Weigh In

YSS has been the subject of a number of recent research reports. Truist Financial reduced their target price on shares of York Space Systems from $26.00 to $14.00 and set a "hold" rating for the company in a research report on Thursday, August 20th. The Goldman Sachs Group set a $14.00 price target on shares of York Space Systems in a research report on Tuesday, August 25th. Weiss Ratings reiterated a "sell (d)" rating on shares of York Space Systems in a research report on Wednesday, August 12th. Wall Street Zen cut York Space Systems from a "hold" rating to a "sell" rating in a report on Wednesday, August 5th. Finally, JPMorgan Chase & Co. reaffirmed a "neutral" rating and issued a $17.00 target price (down from $38.00) on shares of York Space Systems in a research note on Monday, August 17th. Five equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $17.59.

York Space Systems Company Profile

York Space Systems is a U.S. aerospace company that designs, manufactures and operates spacecraft and satellite systems. The company focuses on delivering integrated space-based infrastructure for government and commercial customers, with an emphasis on scalable satellite production and responsive deployment.

Its product portfolio includes standardized satellite platforms, spacecraft buses and mission-specific satellite systems designed to support communications, Earth observation, remote sensing, data relay and other space-based applications.

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