HawkEye 360 (NYSE:HAWK) Rating Increased to Moderate Buy at Royal Bank Of Canada

Royal Bank Of Canada upgraded shares of HawkEye 360 (NYSE:HAWK) to a moderate buy rating in a report released on Monday,Zacks.com reports.

Other research analysts have also issued research reports about the stock. William Blair started coverage on shares of HawkEye 360 in a report on Monday. They issued an “outperform” rating for the company. Jefferies Financial Group started coverage on shares of HawkEye 360 in a research report on Monday. They issued a “hold” rating and a $34.00 price target for the company. Wall Street Zen raised shares of HawkEye 360 to a “hold” rating in a research note on Saturday, May 16th. Raymond James Financial began coverage on shares of HawkEye 360 in a research note on Monday. They issued a “strong-buy” rating and a $40.00 price objective on the stock. Finally, UBS Group set a $42.00 price objective on HawkEye 360 in a report on Monday. Three investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $39.25.

HawkEye 360 Trading Down 0.3%

Shares of HAWK stock opened at $31.54 on Monday. The stock has a market cap of $2.94 billion, a PE ratio of -11.46 and a beta of 0.72. HawkEye 360 has a 12 month low of $28.83 and a 12 month high of $35.73.

Insiders Place Their Bets

In other news, Director Francis Alphonse Finelli purchased 9,615 shares of the stock in a transaction on Friday, May 8th. The stock was purchased at an average price of $26.00 per share, for a total transaction of $249,990.00. Following the acquisition, the director owned 9,615 shares in the company, valued at $249,990. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 3.80% of the company’s stock.

HawkEye 360 Company Profile

HawkEye 360 is a U.S.-based geospatial intelligence company that operates a commercial satellite constellation and analytics platform focused on radio frequency (RF) data. The company collects and geolocates RF emissions from space using clusters of small satellites, turning raw signal detections into actionable datasets and insights. Its technology is designed to reveal signal sources and patterns that are difficult or impossible to observe with conventional remote sensing systems.

HawkEye 360 offers subscription access to geospatial RF datasets, on-demand tasking, and analytic services delivered through cloud-based tools and APIs.