SG Americas Securities LLC Invests $45,000 in Astra Space Operations, Inc. (NASDAQ:ASTR)

SG Americas Securities LLC acquired a new position in Astra Space Operations, Inc. (NASDAQ:ASTRGet Rating) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 34,616 shares of the company’s stock, valued at approximately $45,000.

Other large investors also recently made changes to their positions in the company. Strs Ohio acquired a new stake in Astra Space Operations during the 2nd quarter valued at $43,000. Bank of America Corp DE grew its holdings in Astra Space Operations by 381.8% during the 1st quarter. Bank of America Corp DE now owns 347,001 shares of the company’s stock valued at $1,339,000 after purchasing an additional 274,986 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in Astra Space Operations during the 1st quarter valued at $75,000. Geneos Wealth Management Inc. acquired a new stake in Astra Space Operations during the 1st quarter valued at $63,000. Finally, Goldman Sachs Group Inc. grew its holdings in Astra Space Operations by 90.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 158,369 shares of the company’s stock valued at $612,000 after purchasing an additional 75,046 shares in the last quarter. Institutional investors and hedge funds own 36.60% of the company’s stock.

Astra Space Operations Price Performance

NASDAQ ASTR opened at $0.54 on Friday. Astra Space Operations, Inc. has a 12 month low of $0.50 and a 12 month high of $13.58. The company has a market capitalization of $143.44 million, a price-to-earnings ratio of -0.34 and a beta of 2.16. The company’s fifty day moving average price is $0.62 and its two-hundred day moving average price is $1.34.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Astra Space Operations from $6.00 to $2.00 and set a “buy” rating on the stock in a research note on Tuesday, September 13th.

Astra Space Operations Company Profile

(Get Rating)

Astra Space Operations, Inc designs, tests, manufactures, launches, and operates space products and services. It also designs, tests, manufactures, and operates propulsion modules to enable satellites to orbit in space. The company's customers primarily include satellite operators and manufacturers, government agencies, and defense prime contractors.

See Also

Institutional Ownership by Quarter for Astra Space Operations (NASDAQ:ASTR)

Receive News & Ratings for Astra Space Operations Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Astra Space Operations and related companies with MarketBeat.com's FREE daily email newsletter.