Foster Group 13F: New $529K Stake in SPCX
Foster Group recently established a new stake in SpaceX, acquiring 3,509 shares worth approximately $529,368.
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Foster Group opened a new position of 3,509 shares in Space Exploration Technologies Corp. ($SPCX), according to a 13F filing with the SEC dated October 13, 2026. It reported 3,509 shares worth $529,368 at the end of the quarter.
Since the filing, $SPCX is down 6.7% to date (from the $156.54 close on Oct 13, 2026).
SPCX
Space Exploration Technologies Corp.
Key Points
- Foster Group added 3,509 shares of Space Exploration Technologies Corp. for a total value of about $529,368 as of October 13, 2026.
- SpaceX shares recently traded at $144.47, down from a previous close of $152.16, and are near their 50-day moving average of $146.72.
- Analysts' price targets for SpaceX range from $173 to $450, with a consensus recommendation of 'buy' from 31 analysts.
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Foster Group recently took a new position in Space Exploration Technologies Corp. (SPCX) by acquiring 3,509 shares valued at approximately $529,368, according to its latest Form 13F filing with the SEC. This reflects holdings as of October 13, 2026, and may not represent the investor's current position.
Foster Group vs. the S&P 500
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What Changed in Foster Group's SpaceX Position
Foster Group opened a new position in SpaceX, taking 3,509 shares. This marks the fund's first investment in the company and adds significant value to its portfolio.
Other Institutional Activity in SpaceX
Other notable institutional investors have also been active in SpaceX. For example, Alphabet Inc. holds 551,189,500 shares valued at about $79.6 billion, while Valor Management LLC has 503,414,530 shares worth approximately $72.7 billion. FMR, LLC and Vy Capital Management Co. Ltd. have also maintained large stakes, adding to their respective holdings significantly.
Space Exploration Technologies Corp. Stock Down 5.1%
As of the latest trading session, SpaceX shares were priced at $144.47. The stock has seen some fluctuation, currently sitting between its 52-week low of $104.83 and high of $225.64. The shares are close to their 50-day moving average of $146.72, indicating a relatively stable performance recently.
Recent Earnings
In its latest earnings report, SpaceX reported revenues of approximately $23 billion with a revenue growth of 91.9%. However, the company posted a loss with an EPS of -$1.10 and a net margin of -35.66%. The next earnings report is expected on November 3, 2026.
Insider Buying and Selling at Space Exploration Technologies Corp.
In recent insider transactions, Gwynne Shotwell, the President, sold 342,170 shares valued at about $52.5 million on September 22, 2026. CEO Elon Musk also sold 11,390 shares valued at approximately $1.2 million on April 2, 2026.
Analysts Set New Price Targets
On October 9, 2026, Barclays initiated coverage with an Overweight rating and a $254 price target for SpaceX. Evercore ISI Group also maintained its Outperform rating with a new target of $275, up from $230. The general consensus among analysts is bullish, with a mean price target of around $221.26.
About Space Exploration Technologies Corp.
Space Exploration Technologies Corp., commonly known as SpaceX, designs, manufactures, and launches rockets and spacecraft. The company provides satellite-based broadband services and operates in the aerospace and defense sector, headquartered in Starbase, TX. This new investment from Foster Group highlights growing institutional interest in the aerospace industry.
Bottom Line
Investors will be watching SpaceX closely as it prepares to report earnings on November 3, 2026. The recent 13F filing from Foster Group shows a significant new interest in the company, which may reflect broader trends in the aerospace sector. Keep an eye on future filings for updates on institutional holdings.
Related Filing Alerts
Source: Foster Group's 13F filing on $SPCX (Oct 13, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Foster Group 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts