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Sunday, April 2, 2023

Terran Orbital Corporation (NYSE: LLAP) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Terran Orbital Corporation (LLAP) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.02, or 0.84%, to $2.40. The Terran Orbital Corporation has recorded 79,426 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Terran Orbital Named to Fast Company’s Annual List of the World’s Most Innovative Companies for 2023.

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Stocks Info

Terran Orbital Corporation is listed on the NYSE as a member of the Industrials sector and is a part of the Aerospace & Defense industry. At the end of the last regular session, the stock closed at $2.38 and fluctuated between $2.4400 as its day high and $2.3000 as its day low. The current market capitalization of Terran Orbital Corporation is $372.78M. A total of 4.78 million shares were traded on the day, compared to an average of 5.51M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, LLAP has seen 1 BUY and 56 SELL insider trades, representing the acquisition of 34,481 and the disposition of 983,971 shares. Over the last 12 months, there were 16 BUYs and 368 SELLs from insiders. Insiders purchased 20,932,313 shares during that period but sold 14,850,168.

In the most recent transaction, Beach Point Capital Management sold 627,200 shares of LLAP for 3.02 per share on Feb 27. After the transaction, the 10% Owner now owns 779,514 company shares. In a previous transaction on Feb 27, Beach Point Capital Management sold 172,800 shares at 3.02 per share. LLAP shares that 10% Owner owns now total 628,709.

Among the insiders who sold shares, Beach Point Capital Management disposed of 665,957 shares on Feb 23 at a per-share price of $3.07. This resulted in the 10% Owner holding 828,447 shares of LLAP after the transaction. In another insider transaction, Beach Point Capital Management sold 183,478 shares at $3.07 per share on Feb 23. Company shares held by the 10% Owner now total 668,176.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for LLAP in the last 3 months, the mean price target is $9.33 with high estimates of $15.00 and low estimates of $6.00. In terms of 52-week highs and lows, LLAP has a high of $12.69 and a low of $1.29.

As of this writing, LLAP has an earnings estimate of $0 per share for the current quarter. EPS was calculated based on a consensus of 0 estimates, with a high estimate of $0 per share and a lower estimate of $0.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 6 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LLAP is Overweight with a score of 4.80. A total of 6 analysts rated the stock as Buy while 0 rated it as Overweight while 0 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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