Starfighters Space, Inc. (NYSEAMERICAN:FJET – Get Free Report) major shareholder Richard William Svetkoff sold 222,956 shares of Starfighters Space stock in a transaction on Monday, June 1st. The stock was sold at an average price of $8.55, for a total transaction of $1,906,273.80. Following the sale, the insider owned 13,244,179 shares in the company, valued at $113,237,730.45. This represents a 1.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Large 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 transaction 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 Stock Down 4.7%
FJET opened at $2.83 on Thursday. Starfighters Space, Inc. has a one year low of $2.77 and a one 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 stock has a market capitalization of $155.65 million and a P/E ratio of -3.18. The business’s 50-day simple moving average is $4.07 and its 200-day simple moving average is $5.63.
Hedge Funds Weigh In On Starfighters Space
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. purchased a new stake in Starfighters Space during the 4th quarter valued at approximately $1,322,000. Cerity Partners LLC acquired a new position in shares of Starfighters Space in the fourth quarter valued at approximately $718,000. Elevation Point Wealth Partners LLC increased its holdings in shares of Starfighters Space by 36.6% in the first 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 purchased a new stake in shares of Starfighters Space during the fourth quarter worth approximately $151,000. Finally, Legacy Wealth Managment LLC ID acquired a new stake in shares of Starfighters Space during the second quarter worth $53,000.
Starfighters Space Company Profile
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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