Geode Capital Management LLC Has $34,000 Stake in XTI Aerospace, Inc. (NASDAQ:XTIA)

Geode Capital Management LLC grew its position in XTI Aerospace, Inc. (NASDAQ:XTIA) by 351.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 801,211 shares of the technology company’s stock after acquiring an additional 623,575 shares during the period. Geode Capital Management LLC owned 43.31% of XTI Aerospace worth $34,000 at the end of the most recent reporting period.

Analysts Set New Price Targets

Separately, Maxim Group raised XTI Aerospace to a “strong-buy” rating in a report on Friday, January 31st.

XTI Aerospace Stock Up 0.8 %

Shares of NASDAQ:XTIA opened at $1.32 on Tuesday. The business has a fifty day moving average of $1.83 and a 200-day moving average of $7.38. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.34 and a current ratio of 0.46. XTI Aerospace, Inc. has a twelve month low of $0.96 and a twelve month high of $530.00.

About XTI Aerospace

XTI Aerospace, Inc engages in the provision of aircraft manufacturing. It primarily focuses on the light and mid-size business aircraft market. The company was founded in April 1999 and is headquartered in Englewood, CO.