Short Interest in HawkEye 360, Inc. (NYSE:HAWK) Increases By ∞

HawkEye 360, Inc. (NYSE:HAWK) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 1,268,837 shares, an increase of ∞ from the April 30th total of 0 shares. Approximately 1.4% of the company’s stock are sold short. Based on an average trading volume of 2,167,441 shares, the short-interest ratio is presently 0.6 days.

HawkEye 360 Stock Performance

Shares of HAWK stock traded down $1.47 during mid-day trading on Monday, hitting $31.54. 1,723,204 shares of the stock were exchanged, compared to its average volume of 1,317,227. The firm has a market cap of $2.94 billion, a price-to-earnings ratio of -11.46 and a beta of 0.72. HawkEye 360 has a 12-month low of $29.26 and a 12-month high of $35.73.

Analyst Upgrades and Downgrades

HAWK has been the topic of several analyst reports. The Goldman Sachs Group started coverage on HawkEye 360 in a research note on Monday. They issued a “buy” rating and a $42.00 price objective on the stock. Bank of America started coverage on HawkEye 360 in a research note on Monday. They issued a “neutral” rating and a $34.00 price target on the stock. Jefferies Financial Group started coverage on HawkEye 360 in a research note on Monday. They issued a “hold” rating and a $34.00 price target on the stock. UBS Group set a $42.00 price target on HawkEye 360 in a research note on Monday. Finally, Wall Street Zen upgraded HawkEye 360 to a “hold” rating in a research note on Saturday, May 16th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $39.25.

Insider Activity

In related news, Director Francis Alphonse Finelli acquired 9,615 shares of HawkEye 360 stock in a transaction dated 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 purchase, the director owned 9,615 shares in the company, valued at approximately $249,990. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 3.80% of the company’s stock.

HawkEye 360 Company Profile

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.