HawkEye 360 (NYSE:HAWK) Stock Rating Upgraded by Zacks Research

HawkEye 360 (NYSE:HAWK) was upgraded by investment analysts at Zacks Research to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

HAWK has been the subject of a number of other research reports. Morgan Stanley began coverage on HawkEye 360 in a report on Monday. They issued an “overweight” rating and a $41.00 price objective for the company. Wall Street Zen upgraded HawkEye 360 to a “hold” rating in a report on Saturday, May 16th. Jefferies Financial Group began coverage on HawkEye 360 in a report on Monday. They issued a “hold” rating and a $34.00 price objective for the company. William Blair began coverage on HawkEye 360 in a report on Monday. They issued an “outperform” rating for the company. Finally, Raymond James Financial began coverage on HawkEye 360 in a report on Monday. They issued a “strong-buy” rating and a $40.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $39.25.

HawkEye 360 Stock Down 12.7%

Shares of HAWK stock opened at $25.65 on Tuesday. HawkEye 360 has a 52 week low of $25.49 and a 52 week high of $35.73. The firm has a market capitalization of $2.39 billion, a P/E ratio of -11.46 and a beta of 0.72.

Insider Buying and Selling at HawkEye 360

In related news, Director Francis Alphonse Finelli purchased 9,615 shares of HawkEye 360 stock in a transaction dated Friday, May 8th. The stock was purchased at an average cost of $26.00 per share, for a total transaction of $249,990.00. Following the completion of the acquisition, the director directly owned 9,615 shares of the company’s stock, valued at $249,990. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 3.80% of the stock is owned by insiders.

About HawkEye 360

HawkEye 360 is a U.S.-based geospatial intelligence company that operates a commercial satellite constellation and analytics platform focused on radio frequency (RF) data. The company collects and geolocates RF emissions from space using clusters of small satellites, turning raw signal detections into actionable datasets and insights. Its technology is designed to reveal signal sources and patterns that are difficult or impossible to observe with conventional remote sensing systems.

HawkEye 360 offers subscription access to geospatial RF datasets, on-demand tasking, and analytic services delivered through cloud-based tools and APIs.