Starfighters Space (NYSEAMERICAN:FJET) Stock Price Up 5.9% – Still a Buy?

Starfighters Space, Inc. (NYSEAMERICAN:FJETGet Free Report)’s share price shot up 5.9% during mid-day trading on Wednesday . The stock traded as high as $6.69 and last traded at $6.69. 1,009,920 shares traded hands during mid-day trading, a decline of 47% from the average session volume of 1,899,786 shares. The stock had previously closed at $6.32.

Starfighters Space Trading Up 5.9%

The stock’s 50 day simple moving average is $8.86.

Insider Buying and Selling

In related news, CFO David Kirk Whitney sold 37,500 shares of the company’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $9.97, for a total value of $373,875.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Institutional Trading of Starfighters Space

Several institutional investors have recently bought and sold shares of FJET. Goldman Sachs Group Inc. acquired a new stake in shares of Starfighters Space in the 4th quarter valued at $1,322,000. Cerity Partners LLC bought a new position in Starfighters Space during the 4th quarter valued at about $718,000. Jane Street Group LLC acquired a new position in Starfighters Space in the fourth quarter valued at about $151,000. Finally, Elevation Point Wealth Partners LLC bought a new stake in Starfighters Space during the fourth quarter worth about $116,000.

Starfighters Space Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Starfighters Space Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starfighters Space and related companies with MarketBeat.com's FREE daily email newsletter.