Insider Selling: Satellogic (NASDAQ:SATL) Insider Sells 500,000 Shares of Stock

Satellogic Inc. (NASDAQ:SATL) insider Fitzgerald Cantor sold 500,000 shares of the firm’s stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $5.01, for a total value of $2,505,000.00. Following the completion of the transaction, the insider directly owned 12,356,500 shares in the company, valued at $61,906,065. The trade was a 3.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Satellogic Stock Performance

Shares of NASDAQ SATL traded up $0.84 during midday trading on Wednesday, hitting $6.22. 27,526,006 shares of the company’s stock traded hands, compared to its average volume of 10,099,259. The firm has a fifty day moving average of $3.61 and a 200 day moving average of $2.87. Satellogic Inc. has a 1 year low of $1.25 and a 1 year high of $6.84. The company has a debt-to-equity ratio of 0.93, a quick ratio of 5.02 and a current ratio of 5.12. The stock has a market capitalization of $842.62 million, a price-to-earnings ratio of -24.88 and a beta of 1.45.

Satellogic (NASDAQ:SATL) last posted its quarterly earnings data on Thursday, March 19th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.23. The company had revenue of $6.25 million for the quarter, compared to the consensus estimate of $3.83 million. Satellogic had a negative net margin of 27.01% and a negative return on equity of 34.92%.

Wall Street Analyst Weigh In

SATL has been the subject of several analyst reports. Cantor Fitzgerald set a $7.00 price objective on Satellogic in a research note on Friday, February 20th. Loop Capital set a $4.50 price target on Satellogic in a report on Wednesday, March 11th. Zacks Research upgraded Satellogic to a “hold” rating in a research report on Thursday, February 19th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Satellogic in a research note on Thursday, January 22nd. Finally, Northland Securities initiated coverage on Satellogic in a research report on Wednesday, February 18th. They set an “outperform” rating and a $5.50 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $5.50.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. ProShare Advisors LLC bought a new position in Satellogic in the 2nd quarter worth $51,000. Geode Capital Management LLC raised its holdings in Satellogic by 1,671.4% during the second quarter. Geode Capital Management LLC now owns 874,487 shares of the company’s stock valued at $3,166,000 after acquiring an additional 825,121 shares during the period. Police & Firemen s Retirement System of New Jersey purchased a new position in shares of Satellogic in the second quarter valued at about $58,000. Intech Investment Management LLC bought a new position in shares of Satellogic in the second quarter worth about $120,000. Finally, JPMorgan Chase & Co. purchased a new stake in shares of Satellogic during the second quarter worth about $118,000. Hedge funds and other institutional investors own 17.58% of the company’s stock.

More Satellogic News

Here are the key news stories impacting Satellogic this week:

• Positive Sentiment: Expansion of Slingshot program with U.S. Office of Naval Research and IDT — extends Satellogic’s role in Phases II & III, emphasizing low-latency maritime intelligence and on-orbit processing; strengthens government revenue pipeline and defense credibility. Satellogic Expands Partnership with IDT and U.S. Office of Naval Research
• Positive Sentiment: Appointment of Vice Admiral Frank D. Whitworth III (USN, Ret.) as strategic advisor — brings former NGA leadership and defense/intel relationships to guide integration of high-frequency EO into national intelligence architectures, which may ease program wins and contracting. Satellogic Appoints Former Director of NGA Vice Admiral Frank D. Whitworth III
• Positive Sentiment: Unusually large call-option activity — investors bought ~6,090 calls (~+55% vs. average), signaling bullish speculative or hedging interest that can amplify intraday upside and liquidity. (Reported 3/24)
• Positive Sentiment: Media coverage highlighting the expanded naval research deal and retail buying helped lift sentiment and share demand. SATL stock surges on expanded US naval research deal
• Neutral Sentiment: Short-interest reports show anomalous/zero values and NaN changes across multiple data feeds — current published short-interest figures appear unreliable; don’t draw firm conclusions about short pressure until cleaned data is available. (Reports dated 3/24)
• Negative Sentiment: Analyst caution: Zacks notes a recent price surge but warns that the latest trend in earnings-estimate revisions may not support further gains in the near term — potential headwind if guidance/estimates are revised downward. SATELLOGIC INC (SATL) Surges 8.5%

About Satellogic

Satellogic Inc is a NewSpace company specializing in the design, manufacture and operation of a low‐Earth‐orbit (LEO) microsatellite constellation. The company’s satellites capture high‐resolution multispectral imagery, enabling detailed monitoring of agricultural, forestry, maritime, energy and infrastructure assets. Satellogic’s vertically integrated model covers end‐to‐end capabilities, from satellite development and deployment to data processing and analytics, allowing clients to access imagery and insights on demand.

Key offerings include geospatial data products, analytics services and software tools that leverage machine learning algorithms to interpret changes on Earth’s surface.