BlackSky Technology (NYSE:BKSY) Trading Up 7.5% – Here’s What Happened

04 Dec 2025, 18:15 by Mitch Edgeman · The Markets Daily

Shares of BlackSky Technology Inc. (NYSE:BKSY – Get Free Report) were up 7.5% during trading on Thursday . The stock traded as high as $18.79 and last traded at $19.0110. Approximately 197,934 shares changed hands during trading, a decline of 88% from the average daily volume of 1,721,094 shares. The stock had previously closed at $17.68.

Analyst Ratings Changes

BKSY has been the subject of several recent research reports. Wall Street Zen downgraded shares of BlackSky Technology from a “hold” rating to a “strong sell” rating in a research note on Saturday, August 9th. HC Wainwright raised their price target on BlackSky Technology from $28.00 to $42.00 and gave the stock a “buy” rating in a research report on Friday, October 10th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BlackSky Technology in a research note on Wednesday, October 8th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $29.00.

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BlackSky Technology Trading Up 10.3%

The company has a current ratio of 3.89, a quick ratio of 3.89 and a debt-to-equity ratio of 2.08. The company has a market cap of $702.04 million, a PE ratio of -6.21 and a beta of 2.41. The stock has a 50 day moving average price of $20.79 and a 200 day moving average price of $18.55.

BlackSky Technology (NYSE:BKSY – Get Free Report) last posted its quarterly earnings data on Thursday, November 6th. The company reported ($0.35) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.37) by $0.02. The business had revenue of $19.62 million during the quarter, compared to the consensus estimate of $28.67 million. BlackSky Technology had a negative return on equity of 54.48% and a negative net margin of 87.11%. Sell-side analysts predict that BlackSky Technology Inc. will post -2.28 EPS for the current fiscal year.

Insider Buying and Selling at BlackSky Technology

In related news, CAO Christiana L. Lin sold 24,036 shares of the firm’s stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $17.45, for a total transaction of $419,428.20. Following the completion of the transaction, the chief accounting officer owned 402,652 shares of the company’s stock, valued at $7,026,277.40. This trade represents a 5.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Brian E. O’toole sold 33,292 shares of BlackSky Technology stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $17.45, for a total value of $580,945.40. Following the transaction, the chief executive officer owned 750,164 shares of the company’s stock, valued at $13,090,361.80. The trade was a 4.25% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 89,694 shares of company stock valued at $1,565,160. Corporate insiders own 3.80% of the company’s stock.

Hedge Funds Weigh In On BlackSky Technology

Institutional investors and hedge funds have recently modified their holdings of the stock. XTX Topco Ltd raised its position in shares of BlackSky Technology by 58.3% in the 1st quarter. XTX Topco Ltd now owns 21,977 shares of the company’s stock worth $170,000 after purchasing an additional 8,094 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in BlackSky Technology by 6.7% in the first quarter. Charles Schwab Investment Management Inc. now owns 201,832 shares of the company’s stock worth $1,560,000 after buying an additional 12,675 shares during the last quarter. Virtu Financial LLC bought a new position in shares of BlackSky Technology in the first quarter worth approximately $389,000. Nuveen LLC purchased a new stake in shares of BlackSky Technology during the first quarter valued at approximately $9,582,000. Finally, Fox Run Management L.L.C. bought a new stake in shares of BlackSky Technology during the first quarter valued at approximately $108,000. 27.15% of the stock is currently owned by institutional investors.

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