BlackSky CFO Henry Dubois sells $67,400 in stock
BlackSky Technology CFO Henry Dubois recently sold 4,000 shares of the company's Class A Common Stock, totaling $67,400. The transactions occurred on October 20, 2026, and were carried out under a Rule 10b5-1 trading plan initiated in May 2026. The shares were traded at prices between $16.53 and $17.30, with an average sale price of $16.85 per share.
At the time of the sale, BlackSky's stock was trading at $16.69, resulting in a market capitalization of approximately $680 million. The stock has shown considerable volatility, dropping nearly 59% over the past six months. InvestingPro analysts deem the stock undervalued, with a Fair Value of $17.51. As of now, Dubois personally owns 474,931 shares of BlackSky Technology Class A Common Stock, a portion of which are Restricted Stock Units (RSUs).
The company is set to release earnings on November 5th. Following these transactions, BlackSky reported a 50% increase in revenue for the second quarter, reaching $33.3 million, which beat expectations of $30.68 million. However, the company also announced a wider-than-expected loss of $0.54 per share, compared to analysts' forecast of $0.37 loss per share.
Additionally, BlackSky Technology held its annual meeting of stockholders, electing Timothy Harvey, William Porteous, and Susan Gordon as Class II directors for a term until the 2029 meeting.
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