The Vanguard Group, Inc. recently announced the acquisition of new stake in Sidus Space Inc (NASDAQ:SIDU). The institutional investor has increased its shareholding in the Industrials company by 84.85% to 1.02 million shares with purchase of 0.47 million shares. This fresh investment now brings its stake to 1.31% valued currently at $57019.0. In addition, Geode Capital Management LLC raised its holdings by 0.31 million to 0.34 million shares. And Virtu Americas LLC has lifted its position by 308.38% or 84835.0 shares – to 0.11 million shares.
Currently, there are 80.97M common shares owned by the public and among those 69.52M shares have been available to trade.
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Insiders at the company have transacted a total of 1 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 1 of these insider trades were purchases, accounting for 500,000 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The top 3 mutual fund holders in Sidus Space Inc are Vanguard Extended Market Index Fu, Vanguard Total Stock Market ETF, and Fidelity Extended Market Index Fu. Vanguard Extended Market Index Fu owns 0.52 million shares of the company’s stock, all valued at over $29031.0. Fidelity Extended Market Index Fu now owns shares totaling to 0.42% of the shares outstanding.
However, the script later moved the day high at 0.0535, down -20.79%. The company’s stock has a 5-day price change of -17.86% and -76.12% over the past three months. SIDU shares are trading -96.33% year to date (YTD), with the 12-month market performance down to -97.14% lower. It has a 12-month low price of $0.04 and touched a high of $1.48 over the same period. SIDU has an average intraday trading volume of 3.73 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -27.91%, -51.32%, and -82.32% respectively.
Institutional ownership of Sidus Space Inc (NASDAQ: SIDU) shares accounts for 2.47% of the company’s 80.97M shares outstanding. Mutual fund holders own 0.64%, while other institutional holders and individual stakeholders account for 1.96% and 0.61% respectively.
It has a market capitalization of $3.24M and a beta (3y monthly) value of -1.50. The earnings-per-share (ttm) stands at -$0.47. Price movements for the stock have been influenced by the stock’s volatility, which stands at 22.81% over the week and 13.70% over the month.
Analysts forecast that Sidus Space Inc (SIDU) will achieve an EPS of $Sidus Space, Inc. for the current quarter, $0.04 for the next quarter and $Stocks for Type. The lowest estimate earnings-per-share for the quarter is $Companhia Siderurgica Nacional while analysts give the company a high EPS estimate of $Fidelity MSCI Industrials Index. Comparatively, EPS for the current quarter was $Direxion Mid Cap Bull 3X Shares a year ago.
