Piper Sandler analysts initates an Underweight rating for Satellogic Inc (SATL)

Satellogic Inc’s recently made public that its Affiliate Hannover Holdings S.A. acquired Company’s shares for reported $52151.0 on Jun 30 ’25. In the deal valued at $3.78 per share,13,795 shares were bought.

Then, Hannover Holdings S.A. bought 100,000 shares, generating $374,776 in total proceeds.

Before that, Hannover Holdings S.A. bought 100,000 shares. Satellogic Inc shares valued at $373,256 were divested by the Affiliate at a price of $3.73 per share.

Piper Sandler initiated its Satellogic Inc [SATL] rating to an Underweight in a research note published on May 10, 2022; the price target was $5.

Price Performance Review of SATL

On Tuesday, Satellogic Inc [NASDAQ:SATL] saw its stock jump 6.55% to $3.58. Over the last five days, the stock has gained 6.23%. Satellogic Inc shares have risen nearly 222.52% since the year began. Nevertheless, the stocks have risen 25.61% over the past one year. While a 52-week high of $5.49 was reached on 02/11/25, a 52-week low of $0.72 was recorded on 03/04/25.

Levels Of Support And Resistance For SATL Stock

The 24-hour chart illustrates a support level at 3.42, which if violated will result in even more drops to 3.26. On the upside, there is a resistance level at 3.68. A further resistance level may holdings at 3.77.

How much short interest is there in Satellogic Inc?

A steep rise in short interest was recorded in Satellogic Inc stocks on 2025-06-13, growing by 0.68 million shares to a total of 2.05 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 1.37 million shares. There was a rise of 33.21%, which implies that there is a positive sentiment for the stock.

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