Satellogic Inc. (NASDAQ:SATL - Get Free Report) CEO Emiliano Kargieman sold 11,040 shares of the firm's stock in a transaction that occurred on Tuesday, October 14th. The stock was sold at an average price of $4.00, for a total transaction of $44,160.00. Following the transaction, the chief executive officer owned 1,606,603 shares in the company, valued at approximately $6,426,412. This trade represents a 0.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
Emiliano Kargieman also recently made the following trade(s):
- On Wednesday, October 15th, Emiliano Kargieman sold 283,121 shares of Satellogic stock. The stock was sold at an average price of $4.08, for a total transaction of $1,155,133.68.
- 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 transaction of $7,399.08.
- On Thursday, October 9th, Emiliano Kargieman sold 314,767 shares of Satellogic stock. The stock was sold at an average price of $4.09, for a total transaction of $1,287,397.03.
- On Wednesday, October 8th, Emiliano Kargieman sold 85,700 shares of Satellogic stock. The stock was sold at an average price of $4.03, for a total transaction of $345,371.00.
- On Tuesday, September 23rd, Emiliano Kargieman sold 130 shares of Satellogic stock. The stock was sold at an average price of $4.00, for a total transaction of $520.00.
- On Tuesday, September 16th, Emiliano Kargieman sold 17,380 shares of Satellogic stock. The stock was sold at an average price of $3.75, for a total transaction 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 transaction of $806,240.05.
- On Friday, September 12th, Emiliano Kargieman sold 435,956 shares of Satellogic stock. The stock was 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 stock was 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.
Satellogic Trading Down 29.7%
SATL stock traded down $1.23 during trading on Thursday, hitting $2.91. The stock had a trading volume of 34,790,983 shares, compared to its average volume of 1,593,439. The company's 50 day moving average price is $3.60 and its two-hundred day moving average price is $3.65. Satellogic Inc. has a 1-year low of $0.93 and a 1-year high of $5.49.
Satellogic (NASDAQ:SATL - Get Free Report) last announced its earnings results on Tuesday, August 12th. The company reported ($0.06) earnings per share for the quarter. The company had revenue of $4.44 million for the quarter.
Institutional Trading of Satellogic
Institutional investors have recently modified their holdings of the company. Ameritas Investment Partners Inc. purchased a new stake in shares of Satellogic during the 2nd quarter worth about $25,000. Legal & General Group Plc purchased a new stake in shares of Satellogic during the 2nd quarter worth about $27,000. Farther Finance Advisors LLC purchased a new stake in shares of Satellogic during the 3rd quarter worth about $26,000. LMR Partners LLP purchased a new stake in shares of Satellogic during the 2nd quarter worth about $30,000. Finally, ProShare Advisors LLC purchased a new stake in shares of Satellogic during the 2nd quarter worth about $51,000. Hedge funds and other institutional investors own 17.58% of the company's stock.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Satellogic in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of "Sell".
Read Our Latest Stock Report on SATL
About Satellogic
(
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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.
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