BlackRock, a 10% owner, sells $3.1m in York Space Systems stock By Investing.com

BlackRock Portfolio Management LLC, a significant 10% owner and director of York Space Systems Inc. (), recently sold common stock totaling $3,108,194. The transactions occurred over two days, July 29 and July 30, 2026.The sale comes as YSS trades near its 52-week low of $14.31, with the stock currently at $14.73. According to InvestingPro analysis, the company appears undervalued with a Fair Value of $20.10, placing it among undervalued stocks worth monitoring despite recent volatility.

On July 29, BlackRock Portfolio Management LLC disposed of 63,390 shares of York Space Systems common stock. These shares were sold at a weighted average price of $15.31, with individual transaction prices ranging from $15.27 to $16.07.

The following day, July 30, an additional 140,823 shares of common stock were sold. These shares traded at a weighted average price of $15.18, with prices for individual transactions ranging from $15.00 to $15.65.

Following these transactions, BlackRock Portfolio Management LLC indirectly holds 17,642,721 shares of York Space Systems common stock. These shares are held by various funds and accounts managed by subsidiaries of , including BlackRock Private Equity Co-Investments, BlackRock Growth Equity Fund Master Cayman Aggregator Ltd., and others. BlackRock Portfolio Management LLC and the Advised Funds and Accounts, along with their managers, general partners, and portfolio managers, expressly disclaim beneficial ownership of these shares, except to the extent of their pecuniary interest.For deeper analysis, YSS is covered in InvestingPro’s comprehensive Pro Research Report, which offers expert insights on over 1,400 US equities.

In other recent news, York Space Systems confirmed successful contact with all 21 satellites from its second production lot within five hours of launch vehicle separation. These satellites were launched aboard a Falcon 9 rocket from Vandenberg Space Force Base and are part of the Space Development Agency’s mission. Additionally, York Space Systems completed the acquisition of ALL.SPACE for $300 million, enhancing its satellite communications capabilities. This acquisition involved 5.9 million shares and $155 million in cash.

Jefferies resumed coverage on York Space Systems with a Buy rating, setting a price target of $32.00, following the acquisition. However, Raymond James downgraded the company to Market Perform from Outperform, citing concerns that consensus forecasts for 2026 remain too aggressive. Analyst Brian Gesuale adjusted the firm’s 2027-2028 estimates to about 11% below current consensus. Meanwhile, York Space Systems announced the completion of initial objectives for its Dragoon mission, achieving two-way tactical data transmission via UHF from low Earth orbit.

These developments highlight York’s ongoing efforts in satellite deployment and expansion of its communication capabilities.

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