
Satellogic Inc. (NASDAQ:SATL – Free Report) – Stock analysts at Northland Securities upped their Q1 2027 earnings estimates for shares of Satellogic in a note issued to investors on Thursday, August 6th. Northland Securities analyst M. Latimore now anticipates that the company will post earnings of ($0.03) per share for the quarter, up from their prior forecast of ($0.04). The consensus estimate for Satellogic’s current full-year earnings is ($0.02) per share. Northland Securities also issued estimates for Satellogic’s Q2 2027 earnings at ($0.01) EPS and FY2027 earnings at ($0.03) EPS.
Satellogic (NASDAQ:SATL – Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.10). The business had revenue of $15.92 million for the quarter, compared to the consensus estimate of $9.57 million. Satellogic had a positive return on equity of 303.84% and a negative net margin of 325.65%.
View Our Latest Stock Report on Satellogic
Satellogic Price Performance
NASDAQ SATL opened at $5.75 on Monday. The stock has a market capitalization of $852.38 million, a P/E ratio of -7.01 and a beta of 1.31. Satellogic has a 1 year low of $1.25 and a 1 year high of $12.00. The business’s fifty day moving average is $5.12 and its two-hundred day moving average is $5.51. The company has a debt-to-equity ratio of 2.65, a quick ratio of 2.31 and a current ratio of 2.34.
Insider Activity
In other news, CTO Alan Kharsansky sold 87,091 shares of the company’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $8.35, for a total value of $727,209.85. Following the transaction, the chief technology officer owned 47,785 shares in the company, valued at $399,004.75. This represents a 64.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Liberty 77 Capital L.P. sold 10,000,000 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $9.77, for a total transaction of $97,700,000.00. Following the completion of the sale, the director directly owned 10,000,000 shares of the company’s stock, valued at $97,700,000. This trade represents a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 38.84% of the company’s stock.
Hedge Funds Weigh In On Satellogic
Several institutional investors and hedge funds have recently modified their holdings of the stock. Abel Hall LLC purchased a new stake in shares of Satellogic during the fourth quarter worth $25,000. StoneX Group Inc. purchased a new position in Satellogic in the fourth quarter valued at about $25,000. Neuberger Berman Group LLC purchased a new position in Satellogic in the fourth quarter valued at about $25,000. Legal & General Group Plc acquired a new position in Satellogic in the 2nd quarter worth about $27,000. Finally, ProShare Advisors LLC increased its position in Satellogic by 30.2% in the 4th quarter. ProShare Advisors LLC now owns 15,349 shares of the company’s stock worth $29,000 after purchasing an additional 3,561 shares during the last quarter. 17.58% of the stock is currently owned by hedge funds and other institutional investors.
Satellogic Company Profile
Satellogic Inc is a NewSpace company specializing in the design, manufacture and operation of a low‐Earth‐orbit (LEO) microsatellite constellation. The company’s satellites capture high‐resolution multispectral imagery, enabling detailed monitoring of agricultural, forestry, maritime, energy and infrastructure assets. Satellogic’s vertically integrated model covers end‐to‐end capabilities, from satellite development and deployment to data processing and analytics, allowing clients to access imagery and insights on demand.
Key offerings include geospatial data products, analytics services and software tools that leverage machine learning algorithms to interpret changes on Earth’s surface.
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