Starfighters Space (NYSEAMERICAN:FJET) Major Shareholder Richard William Svetkoff Sells 94,908 Shares of Stock

Starfighters Space, Inc. (NYSEAMERICAN:FJET) major shareholder Richard William Svetkoff sold 94,908 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $10.24, for a total transaction of $971,857.92. Following the completion of the transaction, the insider owned 13,149,271 shares of the company’s stock, valued at $134,648,535.04. The trade was a 0.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Richard William Svetkoff also recently made the following trade(s):

• On Tuesday, August 4th, Richard William Svetkoff sold 30,092 shares of Starfighters Space stock. The stock was sold at an average price of $3.95, for a total transaction of $118,863.40.

Starfighters Space Stock Performance

Shares of NYSEAMERICAN:FJET opened at $3.32 on Tuesday. The company’s 50 day simple moving average is $4.13 and its 200 day simple moving average is $5.65. The company has a debt-to-equity ratio of 0.01, a current ratio of 11.94 and a quick ratio of 11.95. Starfighters Space, Inc. has a 1 year low of $3.28 and a 1 year high of $31.50. The stock has a market capitalization of $182.60 million and a price-to-earnings ratio of -3.73.

Starfighters Space (NYSEAMERICAN:FJET) last issued its earnings results on Wednesday, August 19th. The company reported ($0.24) earnings per share for the quarter.

Hedge Funds Weigh In On Starfighters Space

Institutional investors have recently added to or reduced their stakes in the stock. Legacy Wealth Managment LLC ID bought a new position in Starfighters Space in the 2nd quarter valued at approximately $53,000. Elevation Point Wealth Partners LLC grew its stake in shares of Starfighters Space by 36.6% during the first quarter. Elevation Point Wealth Partners LLC now owns 13,660 shares of the company’s stock worth $81,000 after buying an additional 3,660 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Starfighters Space during the fourth quarter worth $151,000. Cerity Partners LLC acquired a new position in shares of Starfighters Space during the fourth quarter worth $718,000. Finally, Goldman Sachs Group Inc. acquired a new position in shares of Starfighters Space during the fourth quarter worth $1,322,000.

More Starfighters Space News

Here are the key news stories impacting Starfighters Space this week:

• Positive Sentiment: Despite the sales, major shareholder Richard William Svetkoff continues to own approximately 13.12 million shares, indicating that he remains substantially invested in Starfighters Space. SEC ownership filing

Starfighters Space Company Profile

The Company’s mission statement is to make space accessible to entrepreneurs, researchers, industry, and government at a high cadence and the right cost. Currently, Starfighters operates the world’s only commercial fleet of flight-ready F-104 supersonic aircraft (“Lockheed F-104”). The Lockheed F-104 was developed as a supersonic aircraft for the United States Armed Forces. The single engine interceptor was favoured for its maximum altitude and climb performance. It was the first production aircraft to reach over MACH 2 in sustained, level flight, which was one of the key criteria as to why the NASA used the Lockheed F-104 for high-speed flight research at the Dryden Flight Research Center.