Bfsg LLC Makes New Investment in AerSale Co. (NASDAQ:ASLE)

Bfsg LLC bought a new stake in shares of AerSale Co. (NASDAQ:ASLE) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 10,730 shares of the company’s stock, valued at approximately $68,000.

Other hedge funds also recently modified their holdings of the company. Spire Wealth Management purchased a new stake in AerSale in the 4th quarter worth about $27,000. nVerses Capital LLC increased its holdings in shares of AerSale by 75.0% in the 3rd quarter. nVerses Capital LLC now owns 4,900 shares of the company’s stock valued at $25,000 after purchasing an additional 2,100 shares during the period. SG Americas Securities LLC purchased a new stake in shares of AerSale in the third quarter worth approximately $59,000. Bleakley Financial Group LLC purchased a new stake in shares of AerSale in the fourth quarter worth approximately $86,000. Finally, Virtu Financial LLC acquired a new stake in shares of AerSale during the third quarter worth approximately $82,000. Hedge funds and other institutional investors own 69.48% of the company’s stock.

Analyst Ratings Changes

Separately, TD Cowen upgraded shares of AerSale to a “hold” rating in a research report on Thursday, December 19th.

AerSale Stock Performance

Shares of NASDAQ ASLE opened at $6.99 on Thursday. The business has a 50 day simple moving average of $6.52 and a 200 day simple moving average of $5.80. AerSale Co. has a 52 week low of $4.53 and a 52 week high of $9.79. The stock has a market cap of $371.94 million, a price-to-earnings ratio of 699.70 and a beta of 0.28.

AerSale Profile

AerSale Corporation provides aftermarket commercial aircraft, engines, and its parts to passenger and cargo airlines, leasing companies, original equipment manufacturers, and government and defense contractors, as well as maintenance, repair, and overhaul (MRO) service providers worldwide. It operates in two segments, Asset Management Solutions and Technical Operations (TechOps).