Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
Terran Orbital Co. (NYSE:LLAP – Get Rating) major shareholder Beach Point Capital Management sold 2,653 shares of the stock in a transaction on Thursday, September 8th. The stock was sold at an average price of $4.12, for a total value of $10,930.36. Following the completion of the transaction, the insider now directly owns 1,086,313 shares in the company, valued at $4,475,609.56. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
Beach Point Capital Management also recently made the following trade(s):
- On Thursday, August 18th, Beach Point Capital Management sold 1,620 shares of Terran Orbital stock. The stock was sold at an average price of $4.51, for a total value of $7,306.20.
- On Tuesday, August 16th, Beach Point Capital Management sold 6,913 shares of Terran Orbital stock. The stock was sold at an average price of $4.51, for a total value of $31,177.63.
- On Thursday, August 11th, Beach Point Capital Management sold 432 shares of Terran Orbital stock. The stock was sold at an average price of $4.50, for a total value of $1,944.00.
- On Monday, July 25th, Beach Point Capital Management sold 3,663 shares of Terran Orbital stock. The stock was sold at an average price of $4.61, for a total value of $16,886.43.
- On Friday, July 22nd, Beach Point Capital Management sold 1,124 shares of Terran Orbital stock. The stock was sold at an average price of $4.53, for a total value of $5,091.72.
- On Wednesday, July 20th, Beach Point Capital Management sold 2,951 shares of Terran Orbital stock. The stock was sold at an average price of $4.55, for a total value of $13,427.05.
- On Monday, July 18th, Beach Point Capital Management sold 2,343 shares of Terran Orbital stock. The shares were sold at an average price of $4.54, for a total value of $10,637.22.
- On Friday, July 15th, Beach Point Capital Management sold 3,205 shares of Terran Orbital stock. The shares were sold at an average price of $4.55, for a total value of $14,582.75.
- On Wednesday, July 13th, Beach Point Capital Management sold 3,204 shares of Terran Orbital stock. The shares were sold at an average price of $4.59, for a total value of $14,706.36.
- On Thursday, July 7th, Beach Point Capital Management sold 5,605 shares of Terran Orbital stock. The shares were sold at an average price of $4.82, for a total value of $27,016.10.
Terran Orbital Stock Down 1.7 %
LLAP stock traded down $0.07 during midday trading on Friday, reaching $4.04. The company had a trading volume of 3,889 shares, compared to its average volume of 174,288. The stock’s 50 day moving average price is $4.37. Terran Orbital Co. has a fifty-two week low of $3.63 and a fifty-two week high of $12.69.
Hedge Funds Weigh In On Terran Orbital
A number of hedge funds and other institutional investors have recently bought and sold shares of LLAP. Strs Ohio acquired a new position in Terran Orbital in the second quarter valued at approximately $25,000. Penserra Capital Management LLC acquired a new position in Terran Orbital in the first quarter valued at approximately $29,000. Lincoln National Corp acquired a new position in Terran Orbital in the second quarter valued at approximately $46,000. American International Group Inc. acquired a new position in Terran Orbital in the second quarter valued at approximately $51,000. Finally, Bank of America Corp DE acquired a new position in Terran Orbital in the first quarter valued at approximately $69,000. 84.94% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
LLAP has been the subject of several recent analyst reports. Stifel Nicolaus initiated coverage on Terran Orbital in a research note on Monday, August 15th. They set a “buy” rating and a $8.00 target price for the company. Canaccord Genuity Group decreased their price target on Terran Orbital from $22.00 to $18.00 in a research note on Monday, May 16th. Finally, Bank of America initiated coverage on Terran Orbital in a research note on Wednesday, June 15th. They issued a “buy” rating and a $9.00 price target for the company. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $13.40.
Terran Orbital Company Profile
(Get Rating)
Terran Orbital Corporation manufactures, owns, and operates satellites and related space-based solutions that provide earth observation, data and analytics to defense, intelligence, civil, and commercial end users in the United States. The company operates through two segments, Satellite Solutions and Earth Observation Solutions.
See Also
- Get a free copy of the StockNews.com research report on Terran Orbital (LLAP)
- Prepare For A Record-Setting Quarter For Cyber Security Stocks
- The Auto Market Is Slowly Recovering, These Stocks May Outperform
- Is DocuSign On The Verge Of A Major Reversal?
- Oil and Gas Stocks: A Safe Way to Invest in Renewable Energy
- When Will the Hangover Finally Be Over for Seagate Technology?
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider Terran Orbital, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Terran Orbital wasn’t on the list.
While Terran Orbital currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Complete the form below to receive the latest headlines and analysts’ recommendations for your stocks with our free daily email newsletter:
Michael Wang of Prometheus Alternative Investments discusses how individuals should approach their portfolios as the summer rally seems to have fizzled.
Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat’s trending stocks report.
Identify stocks that meet your criteria using seven unique stock screeners. See what’s happening in the market right now with MarketBeat’s real-time news feed. Export data to Excel for your own analysis.
MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.
Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.
Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.
As Featured By:
MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.
Twitter Facebook StockTwits Financial Juice YouTube
© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.
Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds
© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.
