Satellogic Inc. (NASDAQ:SATL - Get Free Report) CEO Emiliano Kargieman sold 314,767 shares of Satellogic stock in a transaction that occurred on Thursday, October 9th. The shares were sold at an average price of $4.09, for a total value of $1,287,397.03. Following the sale, the chief executive officer directly owned 1,619,479 shares in the company, valued at $6,623,669.11. The trade was a 16.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.
Emiliano Kargieman also recently made the following trade(s):
- On Friday, October 10th, Emiliano Kargieman sold 1,836 shares of Satellogic stock. The shares were sold at an average price of $4.03, for a total value of $7,399.08.
- On Wednesday, October 8th, Emiliano Kargieman sold 85,700 shares of Satellogic stock. The shares were sold at an average price of $4.03, for a total value of $345,371.00.
- On Tuesday, September 23rd, Emiliano Kargieman sold 130 shares of Satellogic stock. The shares were sold at an average price of $4.00, for a total value of $520.00.
- On Tuesday, September 16th, Emiliano Kargieman sold 17,380 shares of Satellogic stock. The shares were sold at an average price of $3.75, for a total value of $65,175.00.
- On Monday, September 15th, Emiliano Kargieman sold 209,413 shares of Satellogic stock. The shares were sold at an average price of $3.85, for a total value of $806,240.05.
- On Friday, September 12th, Emiliano Kargieman sold 435,956 shares of Satellogic stock. The shares were sold at an average price of $3.94, for a total value of $1,717,666.64.
- On Thursday, September 11th, Emiliano Kargieman sold 60,416 shares of Satellogic stock. The shares were sold at an average price of $3.77, for a total value of $227,768.32.
- On Wednesday, September 10th, Emiliano Kargieman sold 80,951 shares of Satellogic stock. The shares were sold at an average price of $3.77, for a total transaction of $305,185.27.
- On Tuesday, September 9th, Emiliano Kargieman sold 1,149 shares of Satellogic stock. The shares were sold at an average price of $3.75, for a total transaction of $4,308.75.
- On Wednesday, September 3rd, Emiliano Kargieman sold 76,685 shares of Satellogic stock. The shares were sold at an average price of $3.76, for a total transaction of $288,335.60.
Satellogic Stock Performance
Shares of NASDAQ:SATL traded down $0.64 during trading on Friday, reaching $3.39. The stock had a trading volume of 4,666,024 shares, compared to its average volume of 1,370,843. Satellogic Inc. has a 52 week low of $0.93 and a 52 week high of $5.49. The business's 50-day moving average price is $3.57 and its 200 day moving average price is $3.65.
Satellogic (NASDAQ:SATL - Get Free Report) last posted its earnings results on Tuesday, August 12th. The company reported ($0.06) earnings per share (EPS) for the quarter. The firm had revenue of $4.44 million for the quarter.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reiterated a "sell (d-)" rating on shares of Satellogic in a research note on Wednesday. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of "Sell".
Get Our Latest Stock Report on Satellogic
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of SATL. Ameritas Investment Partners Inc. bought a new position in Satellogic in the 2nd quarter worth approximately $25,000. Legal & General Group Plc bought a new position in Satellogic in the 2nd quarter worth approximately $27,000. LMR Partners LLP bought a new position in Satellogic in the 2nd quarter worth approximately $30,000. ProShare Advisors LLC bought a new position in Satellogic in the 2nd quarter worth approximately $51,000. Finally, Police & Firemen s Retirement System of New Jersey bought a new stake in shares of Satellogic during the 2nd quarter valued at $58,000. Institutional investors own 17.58% of the company's stock.
About Satellogic
(
Get Free Report)
Satellogic Inc operates as an integrated geospatial company in the Asia Pacific, North America, and internationally. It engages in tasking satellites with monitoring assets and keeping up with their changing reality for government and commercial customers; control satellites on top of specific areas of interest for governments; and sale and support satellites.
Further Reading

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