Kieckhefer Group LLC Has $197,000 Holdings in Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAER)

Kieckhefer Group LLC grew its holdings in shares of Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAER - Free Report) by 8,625.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 174,500 shares of the company's stock after purchasing an additional 172,500 shares during the period. Kieckhefer Group LLC owned approximately 0.32% of Bridger Aerospace Group worth $197,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of BAER. Scratch Capital LLC bought a new position in Bridger Aerospace Group during the fourth quarter valued at about $29,000. Prescott Group Capital Management L.L.C. acquired a new stake in Bridger Aerospace Group during the fourth quarter valued at approximately $128,000. LPL Financial LLC bought a new stake in shares of Bridger Aerospace Group during the 4th quarter worth $64,000. JPMorgan Chase & Co. increased its stake in Bridger Aerospace Group by 110.4% in the 4th quarter. JPMorgan Chase & Co. now owns 35,630 shares of the company's stock worth $76,000 after purchasing an additional 18,695 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Bridger Aerospace Group by 5.2% during the fourth quarter. Geode Capital Management LLC now owns 369,617 shares of the company's stock valued at $788,000 after acquiring an additional 18,243 shares during the period. 48.94% of the stock is currently owned by institutional investors.

Bridger Aerospace Group Stock Performance

Shares of BAER stock traded down $0.02 on Thursday, reaching $1.91. 141,616 shares of the company's stock traded hands, compared to its average volume of 490,817. Bridger Aerospace Group Holdings, Inc. has a 12-month low of $1.02 and a 12-month high of $4.44. The company has a market capitalization of $104.52 million, a P/E ratio of -2.42 and a beta of 0.17. The business's 50 day moving average price is $1.60 and its two-hundred day moving average price is $1.89.

Bridger Aerospace Group (NASDAQ:BAER - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported ($0.41) EPS for the quarter, topping the consensus estimate of ($0.50) by $0.09. The company had revenue of $15.65 million for the quarter, compared to analyst estimates of $6.00 million.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group raised their price objective on shares of Bridger Aerospace Group from $5.00 to $5.25 and gave the stock a "buy" rating in a research note on Wednesday, May 28th.

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.