HawkEye 360, Inc. (NYSE:HAWK) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of HawkEye 360, Inc. (NYSE:HAWK) have received an average recommendation of “Moderate Buy” from the twelve ratings firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $35.30.

Several analysts have recently commented on the stock. Jefferies Financial Group lowered their price target on shares of HawkEye 360 from $34.00 to $31.00 and set a “buy” rating on the stock in a research report on Monday, August 17th. Zacks Research upgraded HawkEye 360 to a “hold” rating in a research report on Tuesday, June 2nd. Robert W. Baird assumed coverage on HawkEye 360 in a research note on Monday, June 1st. They issued an “outperform” rating and a $41.00 target price on the stock. Weiss Ratings initiated coverage on HawkEye 360 in a research report on Friday, August 14th. They set a “sell (d)” rating for the company. Finally, UBS Group set a $42.00 price target on HawkEye 360 in a report on Monday, June 1st.

Insider Buying and Selling

In related news, Director Arthur L. Money sold 50,000 shares of the business’s stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $16.41, for a total value of $820,500.00. Following the completion of the transaction, the director owned 54,545 shares of the company’s stock, valued at approximately $895,083.45. The trade was a 47.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Institutional Investors Weigh In On HawkEye 360

Hedge funds and other institutional investors have recently modified their holdings of the company. Squarepoint Ops LLC acquired a new stake in HawkEye 360 during the second quarter worth approximately $434,000. Readystate Asset Management LP acquired a new position in HawkEye 360 in the 2nd quarter valued at $455,000. Tidal Investments LLC purchased a new position in shares of HawkEye 360 during the 2nd quarter worth $5,260,000. Finally, Alyeska Investment Group L.P. acquired a new stake in shares of HawkEye 360 during the second quarter worth $5,358,000.

HawkEye 360 Price Performance

NYSE:HAWK opened at $16.47 on Wednesday. HawkEye 360 has a 52-week low of $15.71 and a 52-week high of $35.73. The stock’s fifty day moving average price is $20.25.

HawkEye 360 (NYSE:HAWK) last issued its quarterly earnings data on Thursday, August 13th. The company reported ($0.07) EPS for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.06. The business had revenue of $49.81 million during the quarter. On average, analysts expect that HawkEye 360 will post -0.01 EPS for the current fiscal year.

HawkEye 360 News Summary

Here are the key news stories impacting HawkEye 360 this week:

• Positive Sentiment: HawkEye 360 established its first European subsidiary, HawkEye 360 Luxembourg, to support European customers, allies and industry partners. The move could improve access to sovereign defense and intelligence contracts and strengthen the company’s long-term presence in the region. HawkEye 360 Establishes First European Subsidiary in Luxembourg
• Positive Sentiment: The company signed a memorandum of understanding with Leonardo to develop a sovereign signals-intelligence capability. The agreement may expand HawkEye 360’s role in European defense programs and create additional opportunities to sell its satellite-based RF data and analytics. HawkEye 360 and Leonardo Sign MOU to Deliver Sovereign Signals Capability
• Positive Sentiment: HawkEye 360 also formed a strategic collaboration with Czech defense technology company ERA to advance space-based intelligence and surveillance capabilities. The partnership reinforces the company’s European defense ecosystem and could support future government and allied contracts. HawkEye 360 and ERA Form Strategic Collaboration
• Negative Sentiment: Director Arthur L. Money sold 50,000 HAWK shares for approximately $820,500, reducing his direct ownership by 47.83%. Although the filing does not explain the transaction, the sizable insider sale may weigh on sentiment because it signals reduced personal exposure by a company director. SEC Form 4 Insider Sale

About HawkEye 360

HawkEye 360 Inc is a space-based data and analytics company that detects, geolocates and characterizes radio-frequency (RF) signals from orbit. Its satellite constellation collects RF emissions from sources such as communications, navigation and radar systems, helping customers identify activity and patterns that may not be visible through traditional imaging or ground-based monitoring.

The company combines satellite-collected RF data with cloud-based analytics and geospatial tools. Its products and services are designed to support defense and intelligence operations, maritime domain awareness, spectrum monitoring, border and infrastructure security, disaster response, and other applications requiring persistent monitoring of activity across wide geographic areas.