HawkEye 360 (NYSE:HAWK) Upgraded to Hold at Zacks Research

Zacks Research upgraded shares of HawkEye 360 (NYSE:HAWK) to a hold rating in a report issued on Tuesday,Zacks.com reports.

Several other analysts also recently weighed in on the stock. Robert W. Baird started coverage on shares of HawkEye 360 in a research note on Monday. They issued an “outperform” rating and a $41.00 price target for the company. Bank of America started coverage on shares of HawkEye 360 in a research note on Monday. They issued a “neutral” rating and a $34.00 price target for the company. The Goldman Sachs Group started coverage on shares of HawkEye 360 in a research note on Monday. They issued a “buy” rating and a $42.00 price target for the company. Wall Street Zen raised shares of HawkEye 360 to a “hold” rating in a research note on Saturday, May 16th. Finally, Jefferies Financial Group began coverage on shares of HawkEye 360 in a research note on Monday. They issued a “hold” rating and a $34.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $39.25.

HawkEye 360 Stock Down 12.7%

HawkEye 360 stock opened at $25.65 on Tuesday. The firm has a market capitalization of $2.39 billion, a price-to-earnings ratio of -11.46 and a beta of 0.72. HawkEye 360 has a twelve month low of $25.49 and a twelve month high of $35.73.

Insider Activity

In related news, Director Francis Alphonse Finelli purchased 9,615 shares of HawkEye 360 stock in a transaction that occurred on Friday, May 8th. The shares were bought at an average price of $26.00 per share, for a total transaction of $249,990.00. Following the completion of the transaction, the director directly owned 9,615 shares of the company’s stock, valued at $249,990. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 3.80% of the stock is owned by corporate 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.