Richard William Svetkoff Sells 59,992 Shares of Starfighters Space (NYSEAMERICAN:FJET) Stock

Starfighters Space, Inc. (NYSEAMERICAN:FJET) major shareholder Richard William Svetkoff sold 59,992 shares of the firm’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $5.15, for a total transaction of $308,958.80. Following the transaction, the insider directly owned 13,846,235 shares of the company’s stock, valued at $71,308,110.25. The trade was a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Tuesday, August 4th, Richard William Svetkoff sold 30,092 shares of Starfighters Space stock. The shares were sold at an average price of $3.95, for a total transaction of $118,863.40.
• On Thursday, June 4th, Richard William Svetkoff sold 94,908 shares of Starfighters Space stock. The stock was sold at an average price of $10.24, for a total transaction of $971,857.92.

Starfighters Space Price Performance

Shares of FJET traded down $0.16 during midday trading on Monday, hitting $3.32. 739,418 shares of the company traded hands, compared to its average volume of 1,527,141. The stock has a market cap of $182.60 million and a price-to-earnings ratio of -3.73. The firm has a 50 day moving average of $4.16 and a 200-day moving average of $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, Inc. has a 52 week low of $3.28 and a 52 week high of $31.50.

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

Institutional Trading of Starfighters Space

Several hedge funds have recently modified their holdings of FJET. Jane Street Group LLC bought a new position in shares of Starfighters Space during the 4th quarter valued at approximately $151,000. Elevation Point Wealth Partners LLC bought a new stake in Starfighters Space in the fourth quarter worth $116,000. Cerity Partners LLC bought a new position in Starfighters Space during the fourth quarter valued at $718,000. Goldman Sachs Group Inc. bought a new position in Starfighters Space during the fourth quarter valued at $1,322,000. Finally, Legacy Wealth Managment LLC ID bought a new position in Starfighters Space during the second quarter valued at $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.