Starfighters Space (NYSEAMERICAN:FJET) Major Shareholder Richard William Svetkoff Sells 30,092 Shares of Stock

Starfighters Space, Inc. (NYSEAMERICAN:FJET) major shareholder Richard William Svetkoff sold 30,092 shares of Starfighters Space stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $3.95, for a total value of $118,863.40. Following the sale, the insider directly owned 13,119,179 shares of the company’s stock, valued at $51,820,757.05. This represents a 0.23% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Richard William Svetkoff also recently made the following trade(s):

• On Thursday, June 4th, Richard William Svetkoff sold 94,908 shares of Starfighters Space stock. The shares were sold at an average price of $10.24, for a total transaction of $971,857.92.

Starfighters Space Stock Performance

Shares of FJET stock traded down $0.16 on Monday, hitting $3.32. The company’s stock had a trading volume of 739,418 shares, compared to its average volume of 1,527,141. Starfighters Space, Inc. has a fifty-two week low of $3.28 and a fifty-two week high of $31.50. The company has a market capitalization of $182.60 million and a PE ratio of -3.73. The stock’s 50 day moving average is $4.16 and its 200-day moving average is $5.67. The company has a debt-to-equity ratio of 0.01, a quick ratio of 11.95 and a current ratio of 11.94.

Starfighters Space (NYSEAMERICAN:FJET) last issued its quarterly earnings data on Wednesday, August 19th. The company reported ($0.24) earnings per share for the quarter.

Hedge Funds Weigh In On Starfighters Space

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. bought a new stake in shares of Starfighters Space during the 4th quarter valued at $1,322,000. Cerity Partners LLC bought a new stake in Starfighters Space during the fourth quarter worth about $718,000. Elevation Point Wealth Partners LLC lifted its position in Starfighters Space by 36.6% during the first quarter. Elevation Point Wealth Partners LLC now owns 13,660 shares of the company’s stock worth $81,000 after purchasing an additional 3,660 shares during the period. Jane Street Group LLC acquired a new stake in Starfighters Space during the fourth quarter worth about $151,000. Finally, Legacy Wealth Managment LLC ID acquired a new stake in Starfighters Space during the second quarter worth about $53,000.

Starfighters Space Company Profile

The Company’s mission statement is to make space accessible to entrepreneurs, researchers, industry, and government at a high cadence and the right cost. Currently, Starfighters operates the world’s only commercial fleet of flight-ready F-104 supersonic aircraft (“Lockheed F-104”). The Lockheed F-104 was developed as a supersonic aircraft for the United States Armed Forces. The single engine interceptor was favoured for its maximum altitude and climb performance. It was the first production aircraft to reach over MACH 2 in sustained, level flight, which was one of the key criteria as to why the NASA used the Lockheed F-104 for high-speed flight research at the Dryden Flight Research Center.