Virgin Galactic (SPCE) EVP Aparna Chitale Sells 525 Shares
CPO and EVP of Astronaut Operations, Aparna Chitale, sold shares of Virgin Galactic on June 29, 2026.
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Aparna Chitale, CPO & EVP Astronaut Operations at Virgin Galactic Holdings, Inc. ($SPCE), sold 525 shares on June 29, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $SPCE is down 8.5% after 1 week, down 16.7% after 1 month and down 17.4% to date (from the $2.94 close on Jun 29, 2026).
Key Points
- Aparna Chitale sold 525 shares of Virgin Galactic, bringing her total holdings down. The shares were sold at a price of $2.89, totaling around $1,519.25. CEO Michael Colglazier also sold 1,227 shares on the same day, while buying 2,273 shares, indicating active trading maneuvers.
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Insider Buying and Selling at Virgin Galactic Holdings, Inc.
On June 29, 2026, Aparna Chitale, the Chief People Officer and Executive Vice President of Astronaut Operations at Virgin Galactic Holdings, Inc. (SPCE on the NYSE), sold 525 shares of the company. The shares were sold at a price of $2.89 each for a total transaction value of approximately $1,519.25. This event reflects her ongoing trading strategy within the company.
Leadership Moves
This transaction is part of a busy day for Virgin Galactic's CEO, Michael Colglazier. On the same day, Colglazier sold 1,227 shares at an average price of $2.95, which amounted to about $3,619.65. Colglazier also purchased an additional 2,273 shares on that date, though the total value of that transaction was not disclosed. Such trades point to a dynamic approach to asset management by the company's leadership.
Stock Overview
Virgin Galactic traded at $2.89 on the day of Chitale's sale, which is above its 52-week low of $2.13 but still below its 52-week high of $8.90. The stock has fluctuated significantly, and with the next earnings report scheduled for November 16, 2026, market watchers may be keen to assess how these insider transactions might impact investor sentiment.
Company Profile
Virgin Galactic Holdings, Inc. is focused on the development and operation of commercial spaceflights. The company designs and manufactures spaceships for private individuals and research organizations. With its headquarters in Tustin, California, Virgin Galactic aims to make space travel accessible to more people.
What's Ahead for Virgin Galactic Holdings, Inc.
As Virgin Galactic approaches its next earnings report in November, investors will be watching for any further insider trading activities and how they might reflect the company's financial health. The recent sales and purchases by insiders could signal shifts in confidence levels among the leadership team, influencing market perceptions in the coming weeks.
Source: Aparna Chitale's Form 4 filing on $SPCE (Jun 29, 2026). Find the original filing: SPCE Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts