BlackRock Sells $10.2M of York Space Systems Stock Near 52-Week Low
YSS is trading near its 52-week low of $10.23 (3.1% above the low).
Summary
BlackRock Portfolio Management LLC sold $10.2 million of York Space Systems stock near the 52-week low, adding to recent sales and reducing its stake.
Key Events · Ownership and Investor Activity · YSS
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10% Owner Sells $10.2M Near 52-Week Low
BlackRock Portfolio Management LLC sold 674,604 shares for $10,220,261 at prices ranging from $13.49 to $15.58, near the 52-week low of $10.23.
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Amendment Adds Previously Omitted Sales
This Form 4/A corrects the original filing by adding 12,505 shares sold on 8/4/26 at $15.69 and 100 shares on 8/5/26 at $15.13, increasing the total sale value.
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Follows $3.85M in Recent Sales
BlackRock sold $3.1 million on July 31 and $745,313 on August 4, bringing total sales in the past two weeks to over $14 million.
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Post-Sale Stake Still Substantial
After the sales, BlackRock holds 17,515,311 shares, maintaining a significant position despite the reduction.
Analysis · YSS · Manufacturing
A 10% owner, BlackRock Portfolio Management LLC, unloaded $10.2 million of York Space Systems stock on August 4–5 at prices between $13.49 and $15.58, hovering just above the 52-week low of $10.23. This move follows $3.85 million in sales by the same entity over the prior two weeks, pushing total recent disposals past $14 million. While institutional selling by a financial investor isn't a fundamental red flag, the size and timing—near the stock's lowest levels—raise questions about the holder's conviction as the company grapples with widening losses and a recent dilutive acquisition.
At the time of this filing, YSS was trading at $10.55 on NYSE in the Manufacturing sector, with a market capitalization of approximately $1.4B. The 52-week trading range was $10.23 to $44.54. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.