Perkins Capital Management Inc. Cuts Holdings in BlackSky Technology Inc. $BKSY

Market Beat
2026.05.13 10:01
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Perkins Capital Management Inc. reduced its stake in BlackSky Technology Inc. (NYSE:BKSY) by 75.8% in Q4, now holding 28,750 shares after selling 90,000. The firm valued its remaining shares at $539,000. Other institutional investors also adjusted their positions, with 27.15% of the stock owned by such entities. BlackSky's stock opened at $40.32, with a market cap of $1.50 billion and a P/E ratio of -15.81. Analysts have mixed ratings on the stock, with a consensus rating of "Moderate Buy" and a price target of $29.75. Recent positive developments include a new government contract and raised earnings estimates.