260,137 Shares in HawkEye 360, Inc. $HAWK Bought by Tidal Investments LLC

Tidal Investments LLC purchased a new stake in HawkEye 360, Inc. (NYSE:HAWK) during the second quarter, according to its most recent filing with the SEC. The fund purchased 260,137 shares of the company’s stock, valued at approximately $5,260,000.

Other hedge funds have also bought and sold shares of the company. Alyeska Investment Group L.P. bought a new position in shares of HawkEye 360 during the 2nd quarter valued at about $5,358,000. Readystate Asset Management LP bought a new stake in shares of HawkEye 360 in the second quarter worth about $455,000. Finally, Squarepoint Ops LLC purchased a new stake in shares of HawkEye 360 in the second quarter worth about $434,000.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on HAWK shares. The Goldman Sachs Group began coverage on HawkEye 360 in a report on Monday, June 1st. They set a “buy” rating and a $42.00 price target for the company. William Blair started coverage on HawkEye 360 in a report on Monday, June 1st. They set an “outperform” rating on the stock. Craig Hallum started coverage on shares of HawkEye 360 in a report on Monday, July 27th. They issued a “buy” rating and a $25.00 target price for the company. Morgan Stanley started coverage on shares of HawkEye 360 in a research report on Monday, June 1st. They issued an “overweight” rating and a $41.00 price target on the stock. Finally, Royal Bank Of Canada decreased their price target on shares of HawkEye 360 from $40.00 to $33.00 and set an “outperform” rating on the stock in a research note on Tuesday, June 23rd. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $35.30.

HawkEye 360 Stock Up 0.1%

HAWK opened at $16.31 on Monday. The stock has a 50-day moving average of $20.38. HawkEye 360, Inc. has a 12 month low of $16.04 and a 12 month high of $35.73.

HawkEye 360 (NYSE:HAWK) last issued its quarterly earnings data on Thursday, August 13th. The company reported ($0.07) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.06. The company had revenue of $49.81 million for the quarter. Analysts anticipate that HawkEye 360, Inc. will post -0.01 earnings per share for the current year.

HawkEye 360 Company Profile

HawkEye 360 Inc is a space-based data and analytics company that detects, geolocates and characterizes radio-frequency (RF) signals from orbit. Its satellite constellation collects RF emissions from sources such as communications, navigation and radar systems, helping customers identify activity and patterns that may not be visible through traditional imaging or ground-based monitoring.

The company combines satellite-collected RF data with cloud-based analytics and geospatial tools. Its products and services are designed to support defense and intelligence operations, maritime domain awareness, spectrum monitoring, border and infrastructure security, disaster response, and other applications requiring persistent monitoring of activity across wide geographic areas.