Liberty 77 Capital LP sold 10,000,000 shares of SATL at $9.77, reducing stake by 50% to 10,000,000 shares; stock up 60.2% in 30d, +228.3% in 90d vs unprofitable fundamentals.
Liberty 77 Capital LP divested exactly half its Satellogic position (10,000,000 shares) at $9.77 on 2026-05-26, generating $97.7M, while the stock has rocketed 60.2% over the prior 30 days and +228.3% over 90 days despite the company's underlying unprofitability (net income of $-118,302,000.00 in the latest full fiscal year) and $6,107,000.00 quarterly revenue. The director's cross-ticker track record shows only 1 prior sell with a 0.00% well-timed rate (meaning that sell occurred before a subsequent stock rise), whereas 62.50% of his 19 prior buys were profitable within 90 days; this sell occurs into a backdrop of extreme recent momentum that stands materially divorced from negative earnings and modest absolute revenue. The 50% position reduction at current valuations relative to the company's cash-burn trajectory and depressed profitability profile merits investor scrutiny of whether this reflects market-timing or fundamental reassessment.