SpaceX $SPCX Stock Bought by Cyndeo Wealth Partners LLC

17 Oct 2026, 08:17 by Sarita Garza · The Markets Daily

Cyndeo Wealth Partners LLC boosted its holdings in SpaceX (NASDAQ:SPCX – Free Report) by 548.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 57,759 shares of the company’s stock after purchasing an additional 48,855 shares during the period. Cyndeo Wealth Partners LLC’s holdings in SpaceX were worth $8,713,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Aspiriant LLC purchased a new position in SpaceX during the 3rd quarter valued at about $994,000. Perryman Financial Advisory Inc. AD boosted its holdings in shares of SpaceX by 161.3% during the 3rd quarter. Perryman Financial Advisory Inc. AD now owns 3,454 shares of the company’s stock valued at $521,000 after buying an additional 2,132 shares in the last quarter. GFG Capital LLC purchased a new stake in SpaceX in the third quarter worth about $248,000. Surience Private Wealth LLC purchased a new stake in shares of SpaceX in the 3rd quarter worth approximately $2,149,000. Finally, Annex Advisory Services LLC bought a new position in shares of SpaceX during the third quarter valued at $557,000.

Insider Buying and Selling

In other SpaceX news, COO Gwynne Shotwell sold 342,170 shares of the business’s stock in a transaction on Tuesday, September 22nd. The shares were sold at an average price of $153.57, for a total transaction of $52,547,046.90. Following the transaction, the chief operating officer owned 2,472,035 shares in the company, valued at $379,630,414.95. The trade was a 12.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Trending Headlines about SpaceX

Here are the key news stories impacting SpaceX this week:

Positive Sentiment: Prediction-market odds of a Tesla-SpaceX combination before March 2027 rose above 50%, reaching roughly 55%-56% after Tesla unveiled a Roadster using SpaceX thruster technology. Analysts including Dan Ives argue the demonstration supports the idea of a shared engineering and artificial-intelligence platform. Prediction market odds on Tesla-SpaceX merger are above 50% for early 2027
Positive Sentiment: Evercore raised its SpaceX target, citing progress toward major commercial “proof points” and more than $100 billion in potential revenue. Investors are also focused on third-quarter results due October 20, including Starlink growth, launch cadence and investment needs. SpaceX Q3 Earnings Countdown
Positive Sentiment: SpaceX continues expanding Starlink’s commercial opportunity, including airline deployments at United Airlines and a planned mobile-network push beginning in rural America. Its reported spectrum strategy could broaden the addressable market beyond satellite broadband. SpaceX Expands Footprint With United Airlines
Neutral Sentiment: SpaceX and Nvidia are reportedly collaborating on AI data centers in space, with initial satellite launches targeted for 2027. The project could create a new growth avenue, but it remains an early-stage initiative. SpaceX and Nvidia Team Up on AI Data Centers in Space
Negative Sentiment: Reports that Ukraine’s military Starlink/Starshield access was restricted disrupted drone operations and renewed concerns about SpaceX’s geopolitical exposure and customer reliability. Service reportedly resumed, while President Trump denied ordering the restrictions, leaving responsibility unclear. Trump says White House didn’t order Starlink restrictions in Ukraine
Negative Sentiment: Analysts caution that SpaceX’s spectrum deal still leaves it far smaller than established telecom giants, while upcoming insider share unlocks may add selling pressure. The company also faces scrutiny from a New York City Council AI-safety investigation.

Wall Street Analysts Forecast Growth

SPCX has been the subject of a number of recent analyst reports. Wells Fargo & Company decreased their price objective on shares of SpaceX from $215.00 to $212.00 and set an “overweight” rating for the company in a report on Tuesday, September 8th. Susquehanna lifted their target price on shares of SpaceX from $144.00 to $173.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 7th. KeyCorp restated a “sector weight” rating on shares of SpaceX in a research note on Tuesday, July 28th. Seaport Research Partners lowered SpaceX from a “buy” rating to a “neutral” rating in a research note on Friday, August 7th. Finally, CLSA initiated coverage on shares of SpaceX in a research note on Monday, September 28th. They set an “outperform” rating and a $250.00 target price on the stock. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, nine have issued a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $221.34.

Get Our Latest Research Report on SPCX

SpaceX Stock Performance

NASDAQ SPCX opened at $146.03 on Friday. SpaceX has a one year low of $104.83 and a one year high of $225.64. The company has a quick ratio of 4.99, a current ratio of 5.12 and a debt-to-equity ratio of 0.29. The firm’s 50 day moving average price is $148.44. The company has a market cap of $1.92 trillion and a P/E ratio of -1,622.56.

SpaceX (NASDAQ:SPCX – Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported ($0.09) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.26) by $0.17. The business had revenue of $7.81 billion during the quarter. The business’s quarterly revenue was up 91.9% compared to the same quarter last year. As a group, equities analysts predict that SpaceX will post 0.07 EPS for the current fiscal year.

SpaceX Profile

(Free Report)

Space Exploration Technologies Corp. (SpaceX) is a privately held aerospace company founded in 2002 by Elon Musk. The company develops and operates launch vehicles, spacecraft and satellite systems designed to reduce the cost of access to space and support commercial, government and scientific missions.