HawkEye 360 (NYSE:HAWK) Stock Rating Upgraded by Royal Bank Of Canada

HawkEye 360 (NYSE:HAWK) was upgraded by equities researchers at Royal Bank Of Canada to a “moderate buy” rating in a report issued on Monday,Zacks.com reports.

Other equities research analysts have also issued research reports about the stock. Bank of America started coverage on shares of HawkEye 360 in a research note on Monday. They issued a “neutral” rating and a $34.00 target price on the stock. Jefferies Financial Group started coverage on shares of HawkEye 360 in a research note on Monday. They issued a “hold” rating and a $34.00 target price on the stock. The Goldman Sachs Group assumed coverage on shares of HawkEye 360 in a research note on Monday. They issued a “buy” rating and a $42.00 target price on the stock. Robert W. Baird assumed coverage on shares of HawkEye 360 in a research report on Monday. They set an “outperform” rating and a $41.00 price objective for the company. Finally, Raymond James Financial assumed coverage on shares of HawkEye 360 in a research report on Monday. They set a “strong-buy” rating and a $40.00 price objective for the company. Three analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the company. According to 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 firm has a market capitalization of $2.94 billion, a price-to-earnings 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.

Insider Activity

In related news, Director Francis Alphonse Finelli acquired 9,615 shares of the firm’s stock in a transaction dated Friday, May 8th. The stock was acquired at an average cost of $26.00 per share, for a total transaction of $249,990.00. Following the completion of the acquisition, the director directly owned 9,615 shares of the company’s stock, valued at approximately $249,990. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 3.80% of the stock is owned by company insiders.

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.