HawkEye 360 (NYSE:HAWK) Cut to Sell at Wall Street Zen

HawkEye 360 (NYSE:HAWK) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Saturday.

Several other equities analysts have also issued reports on the company. Bank of America began coverage on HawkEye 360 in a research report on Monday, June 1st. They set a “neutral” rating and a $34.00 target price for the company. Jefferies Financial Group started coverage on HawkEye 360 in a research report on Monday. They issued a “hold” rating and a $34.00 price objective for the company. UBS Group set a $42.00 price objective on HawkEye 360 in a research report on Monday. Raymond James Financial started coverage on HawkEye 360 in a research report on Monday. They issued a “strong-buy” rating and a $40.00 price objective for the company. Finally, Robert W. Baird started coverage on HawkEye 360 in a research report on Monday. They issued an “outperform” rating and a $41.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, HawkEye 360 currently has a consensus rating of “Moderate Buy” and a consensus price target of $39.25.

HawkEye 360 Price Performance

HawkEye 360 stock opened at $25.01 on Friday. The stock has a market cap of $2.33 billion, a PE ratio of -11.46 and a beta of 0.72. HawkEye 360 has a 1 year low of $24.43 and a 1 year high of $35.73.

Insider Activity

In other news, Director Francis Alphonse Finelli bought 9,615 shares of the business’s stock in a transaction on Friday, May 8th. The shares were purchased at an average price of $26.00 per share, for a total transaction of $249,990.00. Following the purchase, the director owned 9,615 shares of the company’s stock, valued at approximately $249,990. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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.