Mitsubishi UFJ Asset Management Co. Ltd. established a new position in Firefly Aerospace, Inc. during the second quarter. The firm purchased 485,711 shares. This stake is valued at approximately $14.28 million. The investment represents a 0.30% ownership stake in the aerospace company.
Firefly reported quarterly revenue of $117.68 million. This total reflects a 659.2% year-over-year increase.
The company has not yet reached profitability. Analysts currently maintain a Moderate Buy consensus rating on the stock.