HawkEye 360 (NYSE:HAWK) Upgraded at Wall Street Zen

HawkEye 360 (NYSE:HAWK) was upgraded by investment analysts at Wall Street Zen from a “strong sell” rating to a “sell” rating in a note issued to investors on Monday.

Other research analysts have also issued research reports about the company. Bank of America initiated coverage on HawkEye 360 in a report on Monday, June 1st. They set a “neutral” rating and a $34.00 price target on the stock. UBS Group set a $42.00 price objective on shares of HawkEye 360 in a report on Monday, June 1st. Raymond James Financial initiated coverage on shares of HawkEye 360 in a research report on Monday, June 1st. They set a “strong-buy” rating and a $40.00 price objective for the company. Morgan Stanley assumed coverage on shares of HawkEye 360 in a research note on Monday, June 1st. They set an “overweight” rating and a $41.00 target price on the stock. Finally, Zacks Research raised shares of HawkEye 360 to a “hold” rating in a research note on Tuesday, June 2nd. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $39.25.

HawkEye 360 Trading Down 0.2%

NYSE HAWK opened at $22.85 on Monday. The firm has a market cap of $2.13 billion, a price-to-earnings ratio of -11.46 and a beta of 0.72. HawkEye 360 has a fifty-two week low of $22.25 and a fifty-two week high of $35.73.

Insider Activity at HawkEye 360

In related news, Director Francis Alphonse Finelli bought 9,615 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The stock was purchased at an average cost of $26.00 per share, for a total transaction of $249,990.00. Following the completion of the acquisition, the director owned 9,615 shares in the company, valued at approximately $249,990. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 3.80% of the stock is currently owned by company insiders.

About HawkEye 360

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.