Sei Investments Co. Buys Shares of 37,037 Firefly Aerospace, Inc. $FLY

Sei Investments Co. bought a new position in Firefly Aerospace, Inc. (NASDAQ:FLY) in the 1st quarter, Holdings Channel reports. The firm bought 37,037 shares of the company’s stock, valued at approximately $1,054,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in FLY. LBP AM SA raised its position in Firefly Aerospace by 265.5% in the 4th quarter. LBP AM SA now owns 223,855 shares of the company’s stock valued at $5,008,000 after purchasing an additional 162,617 shares during the last quarter. UBS Group AG increased its stake in shares of Firefly Aerospace by 233.6% in the fourth quarter. UBS Group AG now owns 1,773,607 shares of the company’s stock valued at $39,676,000 after buying an additional 1,241,987 shares in the last quarter. Huntleigh Advisors Inc. acquired a new position in Firefly Aerospace during the 4th quarter worth about $1,013,000. Principal Financial Group Inc. bought a new stake in Firefly Aerospace during the 1st quarter worth about $2,862,000. Finally, Jennison Associates LLC increased its position in Firefly Aerospace by 6.1% in the 4th quarter. Jennison Associates LLC now owns 356,692 shares of the company’s stock valued at $7,979,000 after acquiring an additional 20,359 shares in the last quarter.

Key Firefly Aerospace News

Here are the key news stories impacting Firefly Aerospace this week:

• Positive Sentiment: Firefly reported second-quarter revenue of $117.7 million, up 659% year over year, while its adjusted loss of $0.42 per share beat the $0.50 consensus estimate. The results highlight accelerating demand across its launch and spacecraft businesses. Firefly second-quarter financial results
• Positive Sentiment: The company maintained its 2026 revenue outlook of $420 million to $450 million and said its backlog has reached approximately $1.5 billion. Management also emphasized plans to scale spacecraft production and ramp Alpha rocket manufacturing. Firefly revenue outlook and backlog
• Positive Sentiment: Firefly extended its multi-launch agreement with Lockheed Martin through 2031, covering up to 25 launches using the Alpha Block II configuration. The agreement provides longer-term customer visibility and supports the company’s production expansion. Lockheed Martin agreement extension
• Neutral Sentiment: Analyst views remain mixed. Cantor Fitzgerald reiterated an Overweight rating with a $35 target, while B. Riley maintained Buy but reduced its target to $50. Goldman Sachs analyst Noah Poponak reiterated Hold, citing ongoing cash burn and an unchanged outlook.
• Negative Sentiment: Firefly remains deeply unprofitable, reporting a negative net margin and continuing quarterly losses. Reports also noted that vehicle production is increasing even as launches lag, creating execution and cash-consumption risks during the Alpha ramp. Firefly production and launch update

Insider Activity

In other Firefly Aerospace news, General Counsel David Leigh Wheeler sold 3,765 shares of the stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $45.12, for a total value of $169,876.80. Following the completion of the sale, the general counsel directly owned 142,758 shares in the company, valued at $6,441,240.96. This represents a 2.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 7.50% of the stock is owned by company insiders.

Firefly Aerospace Trading Up 0.7%

Shares of NASDAQ FLY opened at $26.54 on Thursday. Firefly Aerospace, Inc. has a twelve month low of $16.00 and a twelve month high of $62.17. The stock has a market cap of $4.25 billion and a price-to-earnings ratio of -9.03. The company has a quick ratio of 2.53, a current ratio of 2.53 and a debt-to-equity ratio of 0.02. The company’s fifty day moving average is $26.27 and its 200-day moving average is $29.45.

Firefly Aerospace (NASDAQ:FLY) last released its quarterly earnings data on Tuesday, August 11th. The company reported ($0.42) EPS for the quarter, beating analysts’ consensus estimates of ($0.50) by $0.08. The business had revenue of $117.68 million during the quarter. Firefly Aerospace had a negative net margin of 126.64% and a negative return on equity of 23.01%. Firefly Aerospace’s quarterly revenue was up 659.2% on a year-over-year basis. During the same quarter in the prior year, the company earned ($5.78) EPS. Equities research analysts predict that Firefly Aerospace, Inc. will post -1.83 EPS for the current year.

Analyst Upgrades and Downgrades

FLY has been the topic of several research analyst reports. Jefferies Financial Group set a $35.00 price target on shares of Firefly Aerospace in a research note on Wednesday. Wall Street Zen raised Firefly Aerospace from a “strong sell” rating to a “sell” rating in a report on Sunday, June 7th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $35.00 target price on shares of Firefly Aerospace in a research note on Tuesday, May 5th. Weiss Ratings upgraded Firefly Aerospace from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, June 25th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $35.00 price target on shares of Firefly Aerospace in a research note on Wednesday. Seven analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $36.82.

About Firefly Aerospace

Firefly Aerospace (NASDAQ:FLY) is a U.S.-based aerospace company that designs, manufactures and operates launch vehicles and in-space systems for commercial, civil and national security customers. The company focuses on providing end-to-end small- and medium-lift launch services, mission integration and spacecraft hardware to support satellite deployment and on-orbit operations.

Firefly’s product portfolio includes the Alpha small launch vehicle, developed to carry small satellites to low Earth orbit, and plans for larger vehicles and in-space capabilities to address a range of payload sizes and mission profiles.