Henry Edward Dubois Sells 15,225 Shares of BlackSky Technology (NYSE:BKSY) Stock

BlackSky Technology Inc. (NYSE:BKSY) CFO Henry Dubois sold 15,225 shares of the company’s stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $20.95, for a total transaction of $318,963.75. Following the completion of the sale, the chief financial officer directly owned 482,931 shares of the company’s stock, valued at $10,117,404.45. This represents a 3.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Henry Edward Dubois also recently made the following trade(s):

• On Friday, August 28th, Henry Dubois sold 4,000 shares of BlackSky Technology stock. The stock was sold at an average price of $23.78, for a total transaction of $95,120.00.

BlackSky Technology Price Performance

BKSY stock opened at $21.38 on Wednesday. BlackSky Technology Inc. has a 52-week low of $12.41 and a 52-week high of $52.88. The company has a quick ratio of 5.72, a current ratio of 5.83 and a debt-to-equity ratio of 0.94. The stock has a market cap of $874.71 million, a price-to-earnings ratio of -11.75 and a beta of 2.61. The business has a fifty day moving average of $24.48 and a two-hundred day moving average of $29.71.

BlackSky Technology (NYSE:BKSY) last issued its quarterly earnings data on Thursday, August 6th. The company reported ($0.54) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.38) by ($0.16). BlackSky Technology had a negative net margin of 61.24% and a negative return on equity of 51.24%. The company had revenue of $33.32 million during the quarter, compared to analysts’ expectations of $30.72 million. As a group, research analysts anticipate that BlackSky Technology Inc. will post -1.09 earnings per share for the current year.

Institutional Investors Weigh In On BlackSky Technology

Hedge funds and other institutional investors have recently made changes to their positions in the business. Tidal Investments LLC acquired a new position in BlackSky Technology in the second quarter valued at approximately $39,289,000. Integrated Wealth Concepts LLC purchased a new position in shares of BlackSky Technology during the second quarter worth about $216,000. Squarepoint Ops LLC purchased a new position in shares of BlackSky Technology during the second quarter worth about $1,127,000. Connective Capital Management LLC acquired a new stake in shares of BlackSky Technology during the second quarter worth about $400,000. Finally, Arizona State Retirement System purchased a new stake in BlackSky Technology in the 2nd quarter valued at $236,000. Institutional investors and hedge funds own 27.15% of the company’s stock.

Key Stories Impacting BlackSky Technology

Here are the key news stories impacting BlackSky Technology this week:

• Positive Sentiment: BlackSky announced that its fifth-generation Gen-3 satellite achieved “first light” within hours of deployment. The milestone is expected to expand constellation capacity, accelerate image delivery and improve decision-making speed for government and commercial customers. BlackSky’s Fifth Gen-3 Attains First Light in Hours
• Positive Sentiment: Recent institutional activity was supportive, with Tema ETFs, Tidal Investments and AWM Investment reportedly building sizable positions during the second quarter. Institutional investors collectively own about 27.15% of the company, which may reinforce confidence in BlackSky’s long-term opportunity.
• Positive Sentiment: Analyst sentiment is mixed but has improved at some firms: BlackSky received a recent upgrade to “strong buy,” while the reported average price target of $39.33 remains well above the stock’s recent trading level.
• Neutral Sentiment: A sector-performance analysis compares BlackSky with NIQ Global Intelligence and the broader business-services industry, but provides limited new company-specific information or an immediate earnings catalyst. Business Services Stocks and BlackSky Performance
• Negative Sentiment: CEO Brian O’Toole, CFO Henry Dubois and CAO Christiana Lin collectively sold 84,557 shares at approximately $20.95 per share. Although the filings state the transactions were made to cover tax withholding obligations from vested equity awards—not discretionary selling—the sales reduce insider ownership and may weigh on sentiment. CEO Share Sale CFO Share Sale CAO Share Sale
• Negative Sentiment: BlackSky’s latest reported quarter showed a larger-than-expected loss, negative margins and continued earnings pressure. The stock also trades below its 50-day and 200-day moving averages, underscoring ongoing volatility and execution risk.

Wall Street Analyst Weigh In

BKSY has been the topic of several recent analyst reports. Jefferies Financial Group upgraded shares of BlackSky Technology to a “hold” rating in a report on Wednesday, June 10th. Clear Str raised BlackSky Technology from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. Wall Street Zen raised BlackSky Technology from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 15th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of BlackSky Technology in a research report on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $39.33.

BlackSky Technology Company Profile

BlackSky Technology Inc is a space-based intelligence and geospatial analytics company that provides timely Earth-observation data and analysis to government and commercial customers. The company operates a satellite constellation designed to collect high-resolution imagery and support persistent monitoring of locations and activities around the world.

BlackSky’s offerings include satellite imagery, automated change detection, geospatial intelligence, and artificial intelligence-powered analytics.