5 Stock Picks of Rishi Bajaj’s Altai Capital

4. BlackSky Technology Inc. (NYSE:BKSY)

Altai Capital’s Stake Value: $2,245,000
Percentage of Altai Capital’s 13F Portfolio: 0.98%
Number of Hedge Fund Holders: 20

BlackSky Technology Inc. (NYSE:BKSY) delivers mission systems and real-time geospatial intelligence, images, and related data analysis products and services. Rishi Bajaj’s Altai Capital owned 500,000 shares of BlackSky Technology Inc. (NYSE:BKSY), worth over $2.25 million.

BlackSky Technology Inc. (NYSE:BKSY), on February 22, posted earnings for the fourth quarter. The reported revenue came in at $11.5 million, beating estimates by $2.5 million. Chase Coleman and Feroz Dewan’s Tiger Global Management LLC is BlackSky Technology Inc. (NYSE:BKSY)’s most significant stakeholder, with 5 million shares worth $22.45 million.

As of the end of the fourth quarter, 20 hedge funds in Insider Monkey’s database of 924 funds held stakes in BlackSky Technology Inc. (NYSE:BKSY), compared to 21 funds in the third quarter. Altai Capital added BlackSky Technology Inc. (NYSE:BKSY) to its portfolio in the third quarter of 2021.