Stock Acquisition
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Why Firefly Aerospace Stock Just Crashed
Yahoo Finance· 2025-11-06 17:06
Group 1 - Firefly Aerospace's stock price dropped by 12.5% following the announcement of a successful acquisition, despite the news being perceived as positive [1][4] - The company completed the acquisition of defense contractor SciTec for $855 million, primarily using Firefly stock, which is expected to enhance its defense capabilities [3][4] - The effective price for the acquisition is closer to $520 million, yielding a price-to-sales ratio of approximately 3.2 times, which is considered fair [5][6] Group 2 - The acquisition of SciTec is aimed at advancing Firefly's defense capabilities for critical national security programs [4] - Despite the positive developments, investors are selling Firefly stock, raising questions about market sentiment [1][4] - Firefly Aerospace was not included in a list of top stock recommendations by The Motley Fool Stock Advisor, which identified 10 better investment opportunities [7][8]
Prospect Capital CEO buys $1.02M of stock (PSEC:NASDAQ)
Seeking Alpha· 2025-09-25 21:02
Core Insights - Prospect Capital CEO John Barry acquired 384,000 shares at an average price of approximately $2.66 each, indicating a strong personal investment in the company [4] - Following this acquisition, Barry's total holdings in Prospect Capital have reached 84.4 million shares, representing about 18% of the company [4]
Eric Sprott Announces Changes to His Holdings in STLLR Gold Inc
Newsfile· 2025-09-12 12:43
Eric Sprott Announces Changes to His Holdings in STLLR Gold IncSeptember 12, 2025 8:44 AM EDT | Source: Eric SprottToronto, Ontario--(Newsfile Corp. - September 12, 2025) - Eric Sprott announces that on September 11, 2025, 2176423 Ontario Ltd., a corporation which is beneficially owned by him, acquired 275,900 common shares (Shares) of STLLR Gold Inc., over the Toronto Stock Exchange (representing approximately 0.2% of the outstanding shares on non-diluted basis) at an average price of $1.1357 ...