BlackSky Technology (NYSE:BKSY) Stock: Insider Henry Edward Dubois Sells 4,000 Shares

BlackSky Technology Inc. (NYSE:BKSY) CFO Henry Dubois sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $16.85, for a total transaction of $67,400.00. Following the sale, the chief financial officer owned 474,931 shares of the company’s stock, valued at $8,002,587.35. This trade represents a 0.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Henry Edward Dubois also recently made the following trade(s):

• On Monday, September 21st, Henry Dubois sold 4,000 shares of BlackSky Technology stock. The stock was sold at an average price of $22.97, for a total value of $91,880.00.
• On Friday, September 11th, Henry Dubois sold 15,225 shares of BlackSky Technology stock. The shares were sold at an average price of $20.95, for a total transaction of $318,963.75.
• On Friday, August 28th, Henry Dubois sold 4,000 shares of BlackSky Technology stock. The shares were sold at an average price of $23.78, for a total transaction of $95,120.00.

BlackSky Technology Price Performance

NYSE:BKSY opened at $17.58 on Friday. BlackSky Technology Inc. has a 52 week low of $12.41 and a 52 week high of $52.88. The company has a quick ratio of 5.72, a current ratio of 5.83 and a debt-to-equity ratio of 0.94. The firm’s 50-day simple moving average is $21.96 and its 200 day simple moving average is $28.84.

BlackSky Technology (NYSE:BKSY) last posted its quarterly earnings data on Thursday, August 6th. The company reported ($0.54) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.38) by ($0.16). The business had revenue of $33.32 million during the quarter, compared to the consensus estimate of $30.72 million. BlackSky Technology had a negative net margin of 61.24% and a negative return on equity of 51.24%. On average, analysts forecast that BlackSky Technology Inc. will post -1.09 EPS for the current fiscal year.

Trending Headlines about BlackSky Technology

Here are the key news stories impacting BlackSky Technology this week:

• Positive Sentiment: BlackSky won an expanded, seven-figure Gen-3 Assured contract with an international defense partner. The agreement supports demand for BlackSky’s satellite imagery and analytics and could improve visibility into future revenue, although the customer and exact contract value were not disclosed. BlackSky Wins Expanded Seven-Figure Gen-3 Assured Contract with International Defense Partner
• Neutral Sentiment: Analyst commentary comparing BlackSky with Planet Labs highlights growing demand for satellite imagery and AI-driven analytics. The comparison reportedly favors Planet Labs on financial strength and growth prospects, limiting the bullish read-through for BKSY. Planet Labs vs. BlackSky: Which Space Stock Is the Better Pick?
• Negative Sentiment: BlackSky insiders sold a combined 30,000 shares worth approximately $505,760: CEO Brian O’Toole sold 20,000 shares, CFO Henry Dubois sold 4,000, and Chief Accounting Officer Christiana Lin sold 6,000. The transactions were conducted under pre-arranged Rule 10b5-1 plans, and each executive retained a substantial stake, which reduces—but does not eliminate—the negative signal. BlackSky Technology Insider Sold Shares Worth $337,200, According to a Recent SEC Filing
• Negative Sentiment: BlackSky’s latest reported quarter showed a $0.54 loss per share, wider than the expected $0.38 loss. Although revenue exceeded forecasts, the company remains unprofitable, with a negative net margin and analysts expecting a full-year loss.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Tema ETFs LLC boosted its holdings in BlackSky Technology by 110,505.8% in the second quarter. Tema ETFs LLC now owns 1,446,724 shares of the company’s stock valued at $40,393,000 after acquiring an additional 1,445,416 shares during the last quarter. Tidal Investments LLC acquired a new stake in BlackSky Technology during the 2nd quarter valued at approximately $39,289,000. AWM Investment Company Inc. acquired a new stake in BlackSky Technology during the 2nd quarter valued at approximately $33,504,000. Bank of America Corp DE raised its holdings in BlackSky Technology by 156.1% during the 1st quarter. Bank of America Corp DE now owns 412,891 shares of the company’s stock worth $10,388,000 after purchasing an additional 251,638 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC raised its holdings in BlackSky Technology by 88.2% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 170,618 shares of the company’s stock worth $4,293,000 after purchasing an additional 79,970 shares during the last quarter. 27.15% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of BlackSky Technology in a research note on Thursday, October 15th. Clear Str upgraded shares of BlackSky Technology from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. Finally, Wall Street Zen raised shares of BlackSky Technology from a “strong sell” rating to a “sell” rating in a report on Saturday, August 15th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $39.33.

About BlackSky Technology

BlackSky Technology Inc is a space-based intelligence and geospatial analytics company that provides high-frequency monitoring of activity and changes on Earth. The company combines satellite imagery, artificial intelligence and machine learning, and other data sources to help customers identify and analyze events and locations of interest.

BlackSky operates a constellation of Earth-observation satellites and delivers imagery, alerts, and analytical products through its Spectra platform.