Satellogic Inc. (NASDAQ:SATL - Get Free Report) CEO Emiliano Kargieman sold 60,416 shares of the company's stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $3.77, for a total transaction of $227,768.32. Following the sale, the chief executive officer directly owned 2,662,749 shares of the company's stock, valued at approximately $10,038,563.73. This represents a 2.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Emiliano Kargieman also recently made the following trade(s):
- On Wednesday, September 10th, Emiliano Kargieman sold 80,951 shares of Satellogic stock. The stock was 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 stock was 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 stock was sold at an average price of $3.75, for a total value of $274,083.75.
Satellogic Stock Up 5.6%
Shares of NASDAQ SATL traded up $0.20 during trading on Thursday, hitting $3.74. The company had a trading volume of 1,098,046 shares, compared to its average volume of 1,192,462. Satellogic Inc. has a 12 month low of $0.93 and a 12 month high of $5.49. The stock has a 50 day simple moving average of $3.52 and a 200 day simple moving average of $3.61.
Satellogic (NASDAQ:SATL - Get Free Report) last released its earnings results on Tuesday, August 12th. The company reported ($0.06) earnings per share (EPS) for the quarter. The company had revenue of $4.44 million for the quarter.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the company. Ameritas Investment Partners Inc. bought a new stake in Satellogic during the second quarter valued at about $25,000. Legal & General Group Plc purchased a new stake in shares of Satellogic during the second quarter worth about $27,000. LMR Partners LLP purchased a new stake in shares of Satellogic during the second quarter worth about $30,000. ProShare Advisors LLC bought a new stake in Satellogic during the 2nd quarter valued at approximately $51,000. Finally, Police & Firemen s Retirement System of New Jersey purchased a new position in Satellogic in the 2nd quarter worth approximately $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.
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