Satellogic Inc. (NASDAQ:SATL - Get Free Report) CFO Rick Dunn sold 30,009 shares of the stock in a transaction that occurred on Monday, June 23rd. The stock was sold at an average price of $3.50, for a total transaction of $105,031.50. Following the completion of the sale, the chief financial officer now directly owns 132,108 shares of the company's stock, valued at $462,378. This trade represents a 18.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Rick Dunn also recently made the following trade(s):
- On Tuesday, May 20th, Rick Dunn sold 58,311 shares of Satellogic stock. The stock was sold at an average price of $4.13, for a total transaction of $240,824.43.
- On Friday, May 16th, Rick Dunn sold 72,712 shares of Satellogic stock. The shares were sold at an average price of $4.63, for a total value of $336,656.56.
Satellogic Price Performance
Shares of NASDAQ SATL opened at $3.76 on Friday. The business has a 50 day simple moving average of $3.79 and a 200 day simple moving average of $3.55. Satellogic Inc. has a 52 week low of $0.72 and a 52 week high of $5.49.
Satellogic (NASDAQ:SATL - Get Free Report) last posted its earnings results on Tuesday, May 13th. The company reported ($0.16) earnings per share (EPS) for the quarter. The business had revenue of $3.39 million for the quarter.
Hedge Funds Weigh In On Satellogic
Several institutional investors have recently bought and sold shares of the stock. Liberty 77 Capital L.P. bought a new stake in shares of Satellogic during the 4th quarter worth about $57,000,000. Insigneo Advisory Services LLC bought a new stake in Satellogic during the fourth quarter worth approximately $197,000. Jane Street Group LLC bought a new stake in Satellogic during the fourth quarter worth approximately $96,000. Finally, Virtu Financial LLC acquired a new position in Satellogic during the fourth quarter valued at approximately $68,000. 17.58% of the stock is currently owned by institutional investors.
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.
Featured Stories
Before you consider Satellogic, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Satellogic wasn't on the list.
While Satellogic currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
