Starfighters Space, Inc. (NYSEAMERICAN:FJET – Get Free Report) major shareholder Richard William Svetkoff sold 75,000 shares of the stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $5.21, for a total transaction of $390,750.00. Following the completion of the sale, the insider directly owned 13,920,000 shares in the company, valued at approximately $72,523,200. The trade was a 0.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
Richard William Svetkoff also recently made the following trade(s):
- On Tuesday, August 4th, Richard William Svetkoff sold 30,092 shares of Starfighters Space stock. The stock was sold at an average price of $3.95, for a total value of $118,863.40.
- On Thursday, June 4th, Richard William Svetkoff sold 94,908 shares of Starfighters Space stock. The stock was sold at an average price of $10.24, for a total value of $971,857.92.
Starfighters Space Price Performance
Starfighters Space stock traded down $0.16 during midday trading on Monday, reaching $3.32. 739,418 shares of the company were exchanged, compared to its average volume of 1,527,141. The company has a market capitalization of $182.60 million and a price-to-earnings ratio of -3.73. Starfighters Space, Inc. has a 1 year low of $3.28 and a 1 year high of $31.50. The company has a debt-to-equity ratio of 0.01, a quick ratio of 11.95 and a current ratio of 11.94. The firm’s 50-day simple moving average is $4.16 and its 200-day simple moving average is $5.67.
Institutional Trading of Starfighters Space
A number of institutional investors and hedge funds have recently made changes to their positions in the company. Legacy Wealth Managment LLC ID purchased a new position in shares of Starfighters Space in the 2nd quarter worth $53,000. Elevation Point Wealth Partners LLC grew its position in Starfighters Space by 36.6% during the first quarter. Elevation Point Wealth Partners LLC now owns 13,660 shares of the company’s stock valued at $81,000 after acquiring an additional 3,660 shares during the period. Jane Street Group LLC purchased a new position in shares of Starfighters Space in the 4th quarter worth about $151,000. Cerity Partners LLC acquired a new position in shares of Starfighters Space in the 4th quarter valued at about $718,000. Finally, Goldman Sachs Group Inc. acquired a new stake in Starfighters Space during the 4th quarter worth approximately $1,322,000.
About Starfighters Space
The Company’s mission statement is to make space accessible to entrepreneurs, researchers, industry, and government at a high cadence and the right cost. Currently, Starfighters operates the world’s only commercial fleet of flight-ready F-104 supersonic aircraft (“Lockheed F-104”). The Lockheed F-104 was developed as a supersonic aircraft for the United States Armed Forces. The single engine interceptor was favoured for its maximum altitude and climb performance. It was the first production aircraft to reach over MACH 2 in sustained, level flight, which was one of the key criteria as to why the NASA used the Lockheed F-104 for high-speed flight research at the Dryden Flight Research Center.
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