Bubble or no bubble, this is the best stock for AI exposure: analyst
Satellogic Inc. (NASDAQ:SATL) Chief Executive Officer Emiliano Kargieman sold 130 shares of Class A Common Stock on September 23 at a price of $4.0, for a total transaction value of $520. The sale comes as SATL shares have shown remarkable performance, posting a 271% return over the past year, though InvestingPro analysis indicates the stock is currently trading above its Fair Value. The company, now valued at $361.54M, maintains impressive gross profit margins despite challenging market conditions.
According to a Form 4 filing with the Securities and Exchange Commission, Kargieman also exercised options to acquire 20,076 shares of Class A Common Stock at a price of $0.0 on September 20.
Also on September 20, Kargieman exercised options to acquire 26,483 Restricted Stock Units (RSUs) at a price of $0.
In other recent news, Satellogic Inc. has been added to the U.S. small-cap Russell 3000 Index, effective after market close on June 27, 2025. This inclusion is significant as the index measures the performance of the 3,000 largest U.S. public companies by market capitalization. Being part of this index automatically places Satellogic in either the large-cap Russell 1000 Index or small-cap Russell 2000 Index. This development is expected to boost the company’s visibility among investors. The addition to the index reflects Satellogic’s standing among the largest public companies in the United States. This move is seen as a positive step in enhancing 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.