Street Calls of the Week
Satellogic Inc. NASDAQ:SATL Chief Executive Officer Emiliano Kargieman sold a total of 656,749 shares of Class A Common Stock in a series of transactions between September 12 and September 16, 2025. The sales amounted to $2.58 million, with prices ranging from $3.75 to $3.9368 per share. The space technology company, currently valued at $367 million, has seen its stock surge over 258% in the past year, despite not being profitable in the last twelve months.
On September 12, Kargieman sold 435,956 shares at a price of $3.9368 per share. Followed by another sale on September 15, where 209,413 shares were sold at $3.8495 per share. The final transaction occurred on September 16, with the sale of 17,380 shares at $3.75 per share. According to InvestingPro analysis, the company maintains impressive gross profit margins of 64.7%, though current valuations suggest the stock may be overvalued.
Following these transactions, Kargieman directly owns 2,000,000 shares of Satellogic Inc.
The sales were reported in a Form 4 filing with the Securities and Exchange Commission. The filing was signed on behalf of Emiliano Kargieman by Rick Dunn, Attorney-in-fact.
In other recent news, Satellogic Inc. has been added to the U.S. small-cap Russell 3000 Index. This development took effect after the market closed on June 27, 2025. The Russell 3000 Index is a notable benchmark that measures the performance of the 3,000 largest U.S. public companies by market capitalization. By joining this index, Satellogic gains increased visibility among investors and may attract more attention from institutional investors. This inclusion automatically places Satellogic in either the large-cap Russell 1000 Index or the small-cap Russell 2000 Index, although the specific category was not detailed in the announcement. The company’s addition to this index is a significant milestone, reflecting its standing among U.S. public companies. This move could potentially enhance the company’s profile in the investment community.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.