Prosper Stars & Stripes achieved a net return of +9.8% in the third quarter of 2025. The fund returned +8.6% year-to-date, outperforming the HFRX Equity Hedge (Total) Index (+3.8%) and the Russell 2000 Index (+12.4%). The long book performed well, but the short book detracted from performance.

Park Aerospace Corp. (NYSE:PKE) was highlighted in Prosper Stars & Stripes’ third-quarter 2025 investor letter. The company develops hot-melt composite materials for aerospace and defense industries. Park Aerospace Corp. (NYSE:PKE) stock closed at $19.60 per share on November 26, 2025, with a market capitalization of $390.154 million.

In the third quarter of 2025, Park Aerospace Corp. (NYSE:PKE) was the second-best contributor in Prosper Stars & Stripes’ long book. The company has opportunities with Airbus and Kratos, and recently announced an investment for expanded production of composite components for missile systems. Prosper Stars & Stripes valued PKE at 25x FY26 EBITDA, expecting the stock to reach the mid to high $20s within 12 months.

Read more at Yahoo Finance: Should You Hold Park Aerospace Corp. (PKE)?