Windmill Hill Asset Management Ltd Makes New Investment in SpaceX $SPCX

Windmill Hill Asset Management Ltd acquired a new stake in SpaceX (NASDAQ:SPCX) during the 3rd quarter, Holdings Channel reports. The institutional investor acquired 9,904 shares of the company’s stock, valued at approximately $1,494,000. SpaceX makes up 0.3% of Windmill Hill Asset Management Ltd’s portfolio, making the stock its 11th biggest position.

Several other hedge funds also recently made changes to their positions in the company. Viking Fund Management LLC purchased a new position in SpaceX during the third quarter worth about $1,358,000. Diversify Advisory Services LLC lifted its position in shares of SpaceX by 34.0% during the 3rd quarter. Diversify Advisory Services LLC now owns 48,477 shares of the company’s stock valued at $7,205,000 after acquiring an additional 12,292 shares during the period. Wedbush Securities Inc. purchased a new position in shares of SpaceX in the second quarter valued at $5,094,000. Avior Wealth Management LLC purchased a new stake in shares of SpaceX in the third quarter valued at about $2,934,000. Finally, Apella Capital LLC increased its position in SpaceX by 218.2% during the third quarter. Apella Capital LLC now owns 8,424 shares of the company’s stock worth $1,412,000 after buying an additional 5,777 shares in the last quarter.

Trending Headlines about SpaceX

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Strong quarterly growth and AI momentum: SpaceX reported $14.58 billion in quarterly revenue, up 161.4% year over year, and EPS of $0.35 versus the $0.10 consensus estimate. Its AI revenue reportedly increased 830%, while the renamed “Super Intelligence” division has become the company’s fastest-growing business. SpaceX AI growth article
• Positive Sentiment: Starlink continues to scale: The satellite internet business added 1.6 million customers, increased average revenue per user and remains SpaceX’s largest source of operating profit. Growing airline adoption and broader connectivity demand reinforce the commercial opportunity. Starlink customer growth article
• Positive Sentiment: Institutional and analyst support: Nvidia disclosed an approximately $18 billion SpaceX stake and is also a major supplier, while Bank of America added SPCX to its “US 1” list. RBC reportedly sees substantial additional upside. Nvidia SpaceX investment article
• Neutral Sentiment: Large long-term ambitions: Elon Musk discussed a potential capacity of 10,000 Starship launches annually from Louisiana and a possible Tesla-SpaceX combination. Both ideas could expand SpaceX’s addressable market, but they remain ambitious and subject to execution and shareholder-approval risks. Starship launch capacity article
• Negative Sentiment: Valuation and execution concerns: With a market capitalization near $1.9 trillion and a reported P/E ratio above 550, investors have little tolerance for disappointment. Analysts also question whether AI capacity additions and a major GPU lease can earn adequate returns as competitors add supply. SpaceX AI infrastructure risk article
• Negative Sentiment: Potential selling pressure: Nearly 3.9 billion shares have reportedly cleared IPO lockups, raising concerns that insiders and early investors could sell into a still-volatile market. Separately, T-Mobile’s CEO said there is “no room” for a direct SpaceX wireless-carrier deal, limiting near-term telecom upside. SpaceX lockup article
• Negative Sentiment: Customer-concentration risk: SpaceX’s potential Anthropic relationship is sizable, but the contract can reportedly be canceled with 90 days’ notice after the initial period, unlike larger minimum-spend commitments held by Amazon, Alphabet and Microsoft. Anthropic SpaceX contract article

SpaceX Price Performance

Shares of NASDAQ SPCX opened at $143.89 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.08 and a quick ratio of 3.00. SpaceX has a fifty-two week low of $104.83 and a fifty-two week high of $225.64. The firm has a market cap of $1.90 trillion and a PE ratio of 553.42. The firm has a fifty day moving average of $149.55.

SpaceX (NASDAQ:SPCX) last announced its quarterly earnings results on Tuesday, October 20th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.25. The company had revenue of $14.57 billion for the quarter. SpaceX had a negative net margin of 8.61% and a negative return on equity of 3.24%. The company’s revenue for the quarter was up 161.4% compared to the same quarter last year. During the same period last year, the firm posted ($0.36) earnings per share. On average, equities analysts expect that SpaceX will post 0.13 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on SPCX. DZ Bank began coverage on SpaceX in a report on Friday, August 21st. They issued a “sell” rating and a $100.00 price target for the company. TD Cowen increased their price target on shares of SpaceX from $200.00 to $224.00 and gave the stock a “buy” rating in a research report on Wednesday, October 21st. Royal Bank Of Canada reissued an “outperform” rating on shares of SpaceX in a research note on Monday, October 19th. Yorkville Ives initiated coverage on SpaceX in a report on Tuesday, October 6th. They set an “outperform” rating and a $225.00 target price on the stock. Finally, Sanford C. Bernstein set a $267.00 target price on SpaceX in a research report on Monday. Four investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $244.97.

Insider Buying and Selling

In other news, COO Gwynne Shotwell sold 342,170 shares of SpaceX stock in a transaction dated Tuesday, September 22nd. The stock was sold at an average price of $153.57, for a total transaction of $52,547,046.90. Following the sale, the chief operating officer directly owned 2,472,035 shares of the company’s stock, valued at approximately $379,630,414.95. This trade represents a 12.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

About SpaceX

Space Exploration Technologies Corp., commonly known as SpaceX, is a privately held aerospace company founded in 2002 by Elon Musk. The company develops and operates launch vehicles and spacecraft designed to reduce the cost of access to space and support commercial, government and scientific missions.

SpaceX’s principal products and services include the Falcon 9 and Falcon Heavy rockets, the Dragon spacecraft and the Starlink satellite communications network. Falcon rockets are used to launch satellites, cargo and crew, while Dragon spacecraft support transportation to and from low Earth orbit.