Tema ETFs LLC Has $67.06 Million Stock Holdings in Firefly Aerospace, Inc. $FLY

Tema ETFs LLC grew its stake in Firefly Aerospace, Inc. (NASDAQ:FLY) by 133,440.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,280,867 shares of the company’s stock after purchasing an additional 2,279,159 shares during the quarter. Firefly Aerospace makes up approximately 2.2% of Tema ETFs LLC’s holdings, making the stock its 7th biggest holding. Tema ETFs LLC owned about 1.42% of Firefly Aerospace worth $67,057,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of FLY. LBP AM SA boosted its holdings in Firefly Aerospace by 265.5% in the fourth quarter. LBP AM SA now owns 223,855 shares of the company’s stock worth $5,008,000 after purchasing an additional 162,617 shares during the period. UBS Group AG lifted its position in shares of Firefly Aerospace by 233.6% in the 4th quarter. UBS Group AG now owns 1,773,607 shares of the company’s stock worth $39,676,000 after buying an additional 1,241,987 shares during the last quarter. Huntleigh Advisors Inc. bought a new position in shares of Firefly Aerospace in the 4th quarter worth about $1,013,000. Principal Financial Group Inc. acquired a new position in shares of Firefly Aerospace in the 1st quarter valued at about $2,862,000. Finally, Jennison Associates LLC grew its position in shares of Firefly Aerospace by 6.1% during the 4th quarter. Jennison Associates LLC now owns 356,692 shares of the company’s stock valued at $7,979,000 after buying an additional 20,359 shares during the last quarter.

Insider Transactions at Firefly Aerospace

In related news, General Counsel David Leigh Wheeler sold 3,765 shares of the stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $45.12, for a total value of $169,876.80. Following the completion of the transaction, the general counsel owned 142,758 shares in the company, valued at $6,441,240.96. This represents a 2.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 7.50% of the stock is owned by corporate insiders.

Firefly Aerospace Stock Performance

Shares of NASDAQ FLY opened at $26.36 on Wednesday. Firefly Aerospace, Inc. has a 12-month low of $16.00 and a 12-month high of $62.17. The company has a current ratio of 2.53, a quick ratio of 2.53 and a debt-to-equity ratio of 0.02. The company has a market cap of $4.22 billion and a PE ratio of -3.23. The stock has a 50 day simple moving average of $26.53 and a 200-day simple moving average of $29.48.

Firefly Aerospace (NASDAQ:FLY) last announced its quarterly earnings results on Tuesday, August 11th. The company reported ($0.42) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.50) by $0.08. The company had revenue of $117.68 million during the quarter. Firefly Aerospace had a negative return on equity of 40.96% and a negative net margin of 181.16%.The company’s revenue was up 659.2% compared to the same quarter last year. During the same quarter last year, the firm posted ($5.78) EPS. On average, equities research analysts forecast that Firefly Aerospace, Inc. will post -1.83 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on FLY shares. B. Riley Financial began coverage on shares of Firefly Aerospace in a research note on Wednesday, May 6th. They set a “buy” rating and a $60.00 price objective on the stock. Morgan Stanley upped their target price on Firefly Aerospace from $33.00 to $37.00 and gave the company an “equal weight” rating in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $35.00 price target on shares of Firefly Aerospace in a research report on Tuesday, May 5th. Wells Fargo & Company started coverage on Firefly Aerospace in a research report on Monday, July 27th. They set an “equal weight” rating and a $25.00 price objective for the company. Finally, Roth Capital increased their target price on Firefly Aerospace from $35.00 to $60.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Seven analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Firefly Aerospace has an average rating of “Moderate Buy” and a consensus target price of $40.64.

Key Firefly Aerospace News

Here are the key news stories impacting Firefly Aerospace this week:

• Positive Sentiment: Strong Q2 performance: Firefly reported revenue of $117.7 million, up 659% year over year, while adjusted EPS of $(0.42) beat the consensus estimate of $(0.50) by $0.08. The results were described as a “double beat,” providing evidence of accelerating demand across its launch and space systems businesses. Firefly Aerospace Delivers Q2 Double Beat as Revenue Soars 650%
• Positive Sentiment: Lockheed Martin contract extended: Firefly extended its multi-launch agreement with Lockheed Martin through 2031. The deal covers up to 25 launches using Firefly’s Alpha Block II rocket, strengthening long-term revenue visibility and validating the company’s launch technology. Firefly Aerospace Announces Extension of Multi-Launch Agreement with Lockheed Martin Through 2031
• Positive Sentiment: Operational momentum: Firefly highlighted increased production capacity for carbon-composite tanks and structures, along with launch and spacecraft vehicles in assembly. Its Blue Ghost lunar program and national-security demand remain important growth catalysts.
• Neutral Sentiment: Revenue outlook broadly supports growth: Firefly issued fiscal 2026 revenue guidance of $420 million to $450 million. The midpoint is slightly below the $440.2 million analyst consensus, but the range still implies substantial expansion; no meaningful EPS guidance was provided.
• Negative Sentiment: Profitability remains weak: Despite the earnings beat, Firefly continues to report substantial losses, including a negative net margin of 181.16% and negative return on equity of 40.96%. Investors may remain focused on whether rapid expansion can eventually translate into positive cash flow.
• Negative Sentiment: Shareholder investigation: Johnson Fistel announced an investigation into potential fiduciary-duty breaches by Firefly officers and directors. The announcement does not establish wrongdoing but adds legal and governance risk. Johnson Fistel Shareholder Investigation

Firefly Aerospace Company Profile

Firefly Aerospace (NASDAQ:FLY) is a U.S.-based aerospace company that designs, manufactures and operates launch vehicles and in-space systems for commercial, civil and national security customers. The company focuses on providing end-to-end small- and medium-lift launch services, mission integration and spacecraft hardware to support satellite deployment and on-orbit operations.

Firefly’s product portfolio includes the Alpha small launch vehicle, developed to carry small satellites to low Earth orbit, and plans for larger vehicles and in-space capabilities to address a range of payload sizes and mission profiles.