HawkEye 360, Inc. (NYSE:HAWK) Given Average Rating of “Moderate Buy” by Brokerages

HawkEye 360, Inc. (NYSE:HAWK) has received an average rating of “Moderate Buy” from the eight analysts that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $41.20.

HAWK has been the subject of a number of recent analyst reports. Royal Bank Of Canada initiated coverage on shares of HawkEye 360 in a research report on Monday. They issued an “outperform” rating and a $40.00 price objective for the company. Morgan Stanley initiated coverage on HawkEye 360 in a research note on Monday. They issued an “overweight” rating and a $41.00 target price for the company. Robert W. Baird set a $41.00 price target on HawkEye 360 and gave the stock an “outperform” rating in a research report on Monday. Raymond James Financial began coverage on HawkEye 360 in a report on Monday. They set a “strong-buy” rating on the stock. Finally, Jefferies Financial Group assumed coverage on HawkEye 360 in a research note on Monday. They set a “hold” rating for the company.

HawkEye 360 Price Performance

Shares of NYSE:HAWK opened at $33.01 on Monday. The company has a market capitalization of $3.07 billion, a price-to-earnings ratio of -11.46 and a beta of 0.72. HawkEye 360 has a 52 week low of $29.26 and a 52 week high of $35.73.

Insider Activity

In related news, Director Francis Alphonse Finelli acquired 9,615 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were acquired at an average cost of $26.00 per share, for a total transaction of $249,990.00. Following the completion of the acquisition, the director directly owned 9,615 shares in the company, valued at approximately $249,990. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 3.80% of the stock is owned by corporate insiders.

About HawkEye 360

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.