Insider Selling: Starfighters Space (NYSEAMERICAN:FJET) Major Shareholder Sells $71,757.33 in Stock

Starfighters Space, Inc. (NYSEAMERICAN:FJETGet Free Report) major shareholder Richard William Svetkoff sold 13,773 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $5.21, for a total transaction of $71,757.33. Following the transaction, the insider owned 13,906,227 shares in the company, valued at approximately $72,451,442.67. The trade was a 0.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases 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 shares were 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 transaction of $971,857.92.

Starfighters Space Stock Down 4.7%

FJET opened at $2.83 on Thursday. The stock has a fifty day moving average of $4.07 and a 200-day moving average of $5.63. The company has a market capitalization of $155.65 million and a P/E ratio of -3.18. Starfighters Space, Inc. has a fifty-two week low of $2.77 and a fifty-two week 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.

Starfighters Space (NYSEAMERICAN:FJETGet Free Report) last released its quarterly earnings results on Wednesday, August 19th. The company reported ($0.24) EPS for the quarter.

Institutional Investors Weigh In On Starfighters Space

Hedge funds have recently modified their holdings of the company. Legacy Wealth Managment LLC ID bought a new stake in Starfighters Space during the 2nd quarter worth approximately $53,000. Elevation Point Wealth Partners LLC lifted its stake in shares of Starfighters Space by 36.6% in the 1st quarter. Elevation Point Wealth Partners LLC now owns 13,660 shares of the company’s stock valued at $81,000 after purchasing an additional 3,660 shares during the period. Jane Street Group LLC acquired a new position in Starfighters Space in the fourth quarter valued at approximately $151,000. Cerity Partners LLC bought a new position in Starfighters Space during the fourth quarter worth $718,000. Finally, Goldman Sachs Group Inc. bought a new stake in Starfighters Space in the 4th quarter valued at about $1,322,000.

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

Insider Buying and Selling by Quarter for Starfighters Space (NYSEAMERICAN:FJET)

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