Satellogic Inc. (NASDAQ:SATL - Get Free Report) CEO Emiliano Kargieman sold 435,956 shares of Satellogic stock in a transaction on Friday, September 12th. The stock was sold at an average price of $3.94, for a total value of $1,717,666.64. Following the completion of the transaction, the chief executive officer owned 2,226,793 shares in the company, valued at $8,773,564.42. The trade was a 16.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Emiliano Kargieman also recently made the following trade(s):
- 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 value of $65,175.00.
- On Monday, September 15th, Emiliano Kargieman sold 209,413 shares of Satellogic stock. The stock was sold at an average price of $3.85, for a total value of $806,240.05.
- 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 value 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 value 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 value of $288,335.60.
- On Friday, August 29th, Emiliano Kargieman sold 29,770 shares of Satellogic stock. The shares were sold at an average price of $3.75, for a total value of $111,637.50.
- On Wednesday, August 27th, Emiliano Kargieman sold 15,191 shares of Satellogic stock. The shares were sold at an average price of $3.75, for a total value of $56,966.25.
- On Tuesday, August 26th, Emiliano Kargieman sold 73,089 shares of Satellogic stock. The shares were sold at an average price of $3.75, for a total value of $274,083.75.
Satellogic Stock Performance
Shares of SATL stock traded up $0.11 on Friday, reaching $3.66. 4,556,188 shares of the company's stock traded hands, compared to its average volume of 1,647,698. Satellogic Inc. has a 12-month low of $0.93 and a 12-month high of $5.49. The business's 50 day moving average price is $3.55 and its two-hundred day moving average price is $3.65.
Satellogic (NASDAQ:SATL - Get Free Report) last issued its quarterly earnings results on Tuesday, August 12th. The company reported ($0.06) earnings per share for the quarter. The firm had revenue of $4.44 million during the quarter.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the business. Jane Street Group LLC purchased a new position in Satellogic in the fourth quarter valued at about $96,000. JPMorgan Chase & Co. purchased a new position in Satellogic in the second quarter valued at about $118,000. New York State Common Retirement Fund purchased a new position in Satellogic in the second quarter valued at about $97,000. Bank of America Corp DE purchased a new position in Satellogic in the second quarter valued at about $88,000. Finally, The Manufacturers Life Insurance Company purchased a new position in Satellogic in the second quarter valued at about $87,000. Hedge funds and other institutional investors own 17.58% of the company's stock.
Satellogic Company Profile
(
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.
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