Aspiriant LLC Buys New Holdings in Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAER)

Aspiriant LLC purchased a new position in shares of Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAER) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 65,237 shares of the company’s stock, valued at approximately $145,000. Aspiriant LLC owned approximately 0.14% of Bridger Aerospace Group at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Rhumbline Advisers acquired a new stake in shares of Bridger Aerospace Group during the 2nd quarter valued at about $36,000. Bank of New York Mellon Corp acquired a new stake in Bridger Aerospace Group during the second quarter valued at approximately $50,000. Finally, Peterson Wealth Advisors LLC bought a new stake in shares of Bridger Aerospace Group in the 1st quarter valued at approximately $976,000. Institutional investors own 48.94% of the company’s stock.

Bridger Aerospace Group Price Performance

NASDAQ BAER opened at $3.15 on Friday. The stock’s 50 day simple moving average is $2.56 and its 200 day simple moving average is $3.50. Bridger Aerospace Group Holdings, Inc. has a one year low of $1.71 and a one year high of $7.82. The firm has a market cap of $148.09 million, a PE ratio of -1.80 and a beta of -0.18.

Bridger Aerospace Group (NASDAQ:BAER) last announced its earnings results on Monday, August 12th. The company reported ($0.33) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.08). The firm had revenue of $13.01 million during the quarter.

Insiders Place Their Bets

In other news, CEO Samuel Carl Davis sold 19,323 shares of the stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $2.56, for a total transaction of $49,466.88. Following the sale, the chief executive officer now directly owns 474,352 shares of the company’s stock, valued at $1,214,341.12. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, EVP James J. Muchmore sold 26,936 shares of the business’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $2.58, for a total transaction of $69,494.88. Following the completion of the sale, the executive vice president now owns 844,211 shares in the company, valued at $2,178,064.38. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Samuel Carl Davis sold 19,323 shares of the firm’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $2.56, for a total value of $49,466.88. Following the completion of the transaction, the chief executive officer now owns 474,352 shares in the company, valued at approximately $1,214,341.12. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 96,614 shares of company stock valued at $252,811. Insiders own 70.70% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on BAER shares. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $5.25 price target on shares of Bridger Aerospace Group in a research note on Tuesday, August 13th. Canaccord Genuity Group started coverage on shares of Bridger Aerospace Group in a research report on Monday, June 24th. They set a “buy” rating and a $5.50 target price for the company.

Bridger Aerospace Group Company Profile

Bridger Aerospace Group Holdings, Inc provides aerial wildfire management, relief and suppression, and firefighting services to federal and state government agencies in the United States. It offers fire suppression services, such as direct fire suppression aerial firefighting support services for ground crew to drop large amounts of water quickly and directly on wildfires.