31,813 Shares in Firefly Aerospace, Inc. $FLY Bought by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company purchased a new stake in shares of Firefly Aerospace, Inc. (NASDAQ:FLY) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 31,813 shares of the company’s stock, valued at approximately $906,000.

Several other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. purchased a new position in shares of Firefly Aerospace during the 3rd quarter valued at about $53,409,000. UBS Group AG grew its position in Firefly Aerospace by 233.6% during the fourth quarter. UBS Group AG now owns 1,773,607 shares of the company’s stock valued at $39,676,000 after acquiring an additional 1,241,987 shares during the last quarter. Temasek Holdings Private Ltd raised its stake in shares of Firefly Aerospace by 151.3% during the fourth quarter. Temasek Holdings Private Ltd now owns 1,069,588 shares of the company’s stock worth $23,927,000 after acquiring an additional 643,886 shares in the last quarter. Phoenix Financial Ltd. lifted its holdings in shares of Firefly Aerospace by 33.8% in the 4th quarter. Phoenix Financial Ltd. now owns 660,060 shares of the company’s stock worth $14,765,000 after acquiring an additional 166,599 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Firefly Aerospace by 92.8% during the 4th quarter. Geode Capital Management LLC now owns 608,197 shares of the company’s stock valued at $13,607,000 after purchasing an additional 292,804 shares during the last quarter.

Firefly Aerospace Stock Performance

Shares of NASDAQ:FLY opened at $26.54 on Thursday. The company has a current ratio of 2.53, a quick ratio of 2.53 and a debt-to-equity ratio of 0.02. The company has a 50-day moving average price of $26.27 and a 200-day moving average price of $29.45. The company has a market cap of $4.25 billion and a price-to-earnings ratio of -9.03. Firefly Aerospace, Inc. has a 12 month low of $16.00 and a 12 month high of $62.17.

Firefly Aerospace (NASDAQ:FLY) last posted its earnings results on Tuesday, August 11th. The company reported ($0.42) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.50) by $0.08. Firefly Aerospace had a negative return on equity of 23.01% and a negative net margin of 126.64%.The company had revenue of $117.68 million for the quarter. During the same period in the previous year, the business earned ($5.78) earnings per share. The firm’s revenue for the quarter was up 659.2% compared to the same quarter last year. As a group, equities analysts anticipate that Firefly Aerospace, Inc. will post -1.83 EPS for the current year.

Key Headlines Impacting Firefly Aerospace

Here are the key news stories impacting Firefly Aerospace this week:

• Positive Sentiment: Firefly reported second-quarter revenue of $117.7 million, up 659% year over year, while its adjusted loss of $0.42 per share beat the $0.50 consensus estimate. The results highlight accelerating demand across its launch and spacecraft businesses. Firefly second-quarter financial results
• Positive Sentiment: The company maintained its 2026 revenue outlook of $420 million to $450 million and said its backlog has reached approximately $1.5 billion. Management also emphasized plans to scale spacecraft production and ramp Alpha rocket manufacturing. Firefly revenue outlook and backlog
• Positive Sentiment: Firefly extended its multi-launch agreement with Lockheed Martin through 2031, covering up to 25 launches using the Alpha Block II configuration. The agreement provides longer-term customer visibility and supports the company’s production expansion. Lockheed Martin agreement extension
• Neutral Sentiment: Analyst views remain mixed. Cantor Fitzgerald reiterated an Overweight rating with a $35 target, while B. Riley maintained Buy but reduced its target to $50. Goldman Sachs analyst Noah Poponak reiterated Hold, citing ongoing cash burn and an unchanged outlook.
• Negative Sentiment: Firefly remains deeply unprofitable, reporting a negative net margin and continuing quarterly losses. Reports also noted that vehicle production is increasing even as launches lag, creating execution and cash-consumption risks during the Alpha ramp. Firefly production and launch update

Analyst Upgrades and Downgrades

Several analysts have weighed in on FLY shares. Wells Fargo & Company assumed coverage on shares of Firefly Aerospace in a research note on Monday, July 27th. They issued an “equal weight” rating and a $25.00 price target for the company. Roth Capital lowered their target price on Firefly Aerospace from $60.00 to $45.00 and set a “buy” rating for the company in a research note on Wednesday. Wall Street Zen upgraded Firefly Aerospace from a “strong sell” rating to a “sell” rating in a report on Sunday, June 7th. Morgan Stanley raised their price target on Firefly Aerospace from $33.00 to $37.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 5th. Finally, Jefferies Financial Group set a $35.00 price objective on Firefly Aerospace in a research report on Wednesday. Seven research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $36.82.

Insider Buying and Selling at Firefly Aerospace

In other news, General Counsel David Leigh Wheeler sold 3,765 shares of Firefly Aerospace stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $45.12, for a total value of $169,876.80. Following the sale, the general counsel directly owned 142,758 shares in the company, valued at approximately $6,441,240.96. This trade represents a 2.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 7.50% of the company’s stock.

Firefly Aerospace Profile

Firefly Aerospace (NASDAQ:FLY) is a U.S.-based aerospace company that designs, manufactures and operates launch vehicles and in-space systems for commercial, civil and national security customers. The company focuses on providing end-to-end small- and medium-lift launch services, mission integration and spacecraft hardware to support satellite deployment and on-orbit operations.

Firefly’s product portfolio includes the Alpha small launch vehicle, developed to carry small satellites to low Earth orbit, and plans for larger vehicles and in-space capabilities to address a range of payload sizes and mission profiles.