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

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

HAWK has been the topic of several other research reports. William Blair initiated coverage on HawkEye 360 in a report on Monday. They set an “outperform” rating on the stock. Jefferies Financial Group initiated coverage on shares of HawkEye 360 in a research report on Monday. They issued a “hold” rating and a $34.00 price target on the stock. UBS Group set a $42.00 price target on shares of HawkEye 360 in a research report on Monday. Raymond James Financial initiated coverage on shares of HawkEye 360 in a research report on Monday. They issued a “strong-buy” rating and a $40.00 price target on the stock. Finally, Robert W. Baird initiated coverage on shares of HawkEye 360 in a research report on Monday. They issued an “outperform” rating and a $41.00 price target on the stock. Three analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $39.25.

HawkEye 360 Trading Down 0.3%

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

Insider Transactions at HawkEye 360

In other HawkEye 360 news, Director Francis Alphonse Finelli purchased 9,615 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were purchased at an average price of $26.00 per share, for a total transaction of $249,990.00. Following the completion of the transaction, the director owned 9,615 shares in the company, valued at $249,990. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company 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.