The Chief Financial Officer & Chief Accounting Office of Maxar Technologies is Exercising Options

On August 18 it was reported that the Chief Financial Officer & Chief Accounting Office of Maxar Technologies (MAXR), Biggs Porter, exercised options to sell 4,928 MAXR shares for a total transaction value of $133.2K.

Following Biggs Porter’s last MAXR Sell transaction on May 19, 2020, the stock climbed by 16.4%. In addition to Biggs Porter, one other MAXR executive reported Sell trades in the last month.

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The company has a one-year high of $28.12 and a one-year low of $6.33. Currently, Maxar Technologies has an average volume of 817.52K. MAXR’s market cap is $1.6 billion and the company has a P/E ratio of 5.80.

Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $22.00, reflecting a 18.7% upside.

The insider sentiment on Maxar Technologies has been negative according to 133 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Maxar Technologies, Inc. provides space technology solutions, delivering unmatched end-to-end capabilities in satellites, robotics, Earth imagery, geospatial data, analytics and insights. Its segments include Space Systems, Imagery and Services. The company was founded on February 3, 1969 and is headquartered in Westminster, Co.

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