HawkEye 360 (NYSE:HAWK) Upgraded to Strong-Buy at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of HawkEye 360 (NYSE:HAWK) to a strong-buy rating in a research note issued to investors on Monday morning,Zacks.com reports.

Other equities analysts also recently issued research reports about the company. Jefferies Financial Group initiated coverage on HawkEye 360 in a research report on Monday. They issued a “hold” rating and a $34.00 price objective on the stock. Bank of America initiated coverage on shares of HawkEye 360 in a research note on Monday. They set a “neutral” rating and a $34.00 target price for the company. Royal Bank Of Canada assumed coverage on shares of HawkEye 360 in a research note on Monday. They issued an “outperform” rating and a $40.00 price target on the stock. Wall Street Zen upgraded shares of HawkEye 360 to a “hold” rating in a report on Saturday, May 16th. Finally, UBS Group set a $42.00 target price on shares of HawkEye 360 in a research note on Monday. Three analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, HawkEye 360 has an average rating of “Buy” and an average target price of $39.25.

HawkEye 360 Trading Down 0.3%

Shares of NYSE HAWK opened at $31.54 on Monday. HawkEye 360 has a fifty-two week low of $28.83 and a fifty-two week high of $35.73. The company has a market capitalization of $2.94 billion, a PE ratio of -11.46 and a beta of 0.72.

Insider Buying and Selling at HawkEye 360

In other news, Director Francis Alphonse Finelli purchased 9,615 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were acquired at an average price of $26.00 per share, with a total value of $249,990.00. Following the transaction, the director owned 9,615 shares of the company’s stock, valued at $249,990. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 3.80% of the company’s stock.

HawkEye 360 Company Profile

HawkEye 360 is a U.S.-based geospatial intelligence company that operates a commercial satellite constellation and analytics platform focused on radio frequency (RF) data. The company collects and geolocates RF emissions from space using clusters of small satellites, turning raw signal detections into actionable datasets and insights. Its technology is designed to reveal signal sources and patterns that are difficult or impossible to observe with conventional remote sensing systems.

HawkEye 360 offers subscription access to geospatial RF datasets, on-demand tasking, and analytic services delivered through cloud-based tools and APIs.