Starfighters Space (NYSEAMERICAN:FJET) Trading Down 0.8% – Should You Sell?

Starfighters Space, Inc. (NYSEAMERICAN:FJET)’s share price dropped 0.8% during mid-day trading on Tuesday . The stock traded as low as $4.88 and last traded at $5.14. Approximately 676,581 shares were traded during trading, a decline of 15% from the average daily volume of 793,928 shares. The stock had previously closed at $5.18.

Starfighters Space Stock Down 0.8%

Insider Buying and Selling at Starfighters Space

In related news, CFO David Kirk Whitney sold 37,500 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $9.97, for a total transaction of $373,875.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Institutional Investors Weigh In On Starfighters Space

A hedge fund recently bought a new stake in Starfighters Space stock. Goldman Sachs Group Inc. acquired a new position in Starfighters Space, Inc. (NYSEAMERICAN:FJET) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 113,500 shares of the company’s stock, valued at approximately $1,322,000. Goldman Sachs Group Inc. owned approximately 0.26% of Starfighters Space at the end of the most recent quarter.

About Starfighters Space

The Company’s mission statement is to make space accessible to entrepreneurs, researchers, industry, and government at a high cadence and the right cost. Currently, Starfighters operates the world’s only commercial fleet of flight-ready F-104 supersonic aircraft (“Lockheed F-104”). The Lockheed F-104 was developed as a supersonic aircraft for the United States Armed Forces. The single engine interceptor was favoured for its maximum altitude and climb performance. It was the first production aircraft to reach over MACH 2 in sustained, level flight, which was one of the key criteria as to why the NASA used the Lockheed F-104 for high-speed flight research at the Dryden Flight Research Center.