Starfighters Space (NYSEAMERICAN:FJET) Major Shareholder Richard William Svetkoff Sells 75,000 Shares of Stock

by · The Cerbat Gem

Starfighters Space, Inc. (NYSEAMERICAN:FJET – Get Free Report) major shareholder Richard William Svetkoff sold 75,000 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $5.72, for a total value of $429,000.00. Following the transaction, the insider owned 14,095,000 shares in the company, valued at approximately $80,623,400. The trade was a 0.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions 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 stock was 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 shares were sold at an average price of $10.24, for a total value of $971,857.92.

Starfighters Space Trading Down 4.6%

Shares of NYSEAMERICAN:FJET traded down $0.16 during trading on Monday, reaching $3.32. 739,418 shares of the company traded hands, compared to its average volume of 1,527,141. The company has a current ratio of 11.94, a quick ratio of 11.95 and a debt-to-equity ratio of 0.01. Starfighters Space, Inc. has a 52-week low of $3.28 and a 52-week high of $31.50. The firm has a market capitalization of $182.60 million and a price-to-earnings ratio of -3.73. The business’s fifty day moving average is $4.16 and its 200-day moving average is $5.67.

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC purchased a new stake in Starfighters Space in the 4th quarter worth approximately $151,000. Elevation Point Wealth Partners LLC bought a new stake in shares of Starfighters Space in the 4th quarter worth approximately $116,000. Cerity Partners LLC purchased a new position in shares of Starfighters Space during the fourth quarter valued at approximately $718,000. Goldman Sachs Group Inc. purchased a new position in shares of Starfighters Space during the fourth quarter valued at approximately $1,322,000. Finally, Legacy Wealth Managment LLC ID bought a new position in shares of Starfighters Space during the second quarter valued at approximately $53,000.

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.

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