Kieckhefer Group LLC lifted its stake in shares of Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAER - Free Report) by 8,625.0% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 174,500 shares of the company's stock after purchasing an additional 172,500 shares during the quarter. Kieckhefer Group LLC owned about 0.32% of Bridger Aerospace Group worth $197,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in BAER. Scratch Capital LLC acquired a new stake in Bridger Aerospace Group in the 4th quarter valued at about $29,000. BNP Paribas Financial Markets purchased a new stake in Bridger Aerospace Group in the 4th quarter valued at approximately $38,000. Geode Capital Management LLC grew its holdings in Bridger Aerospace Group by 5.2% during the 4th quarter. Geode Capital Management LLC now owns 369,617 shares of the company's stock valued at $788,000 after buying an additional 18,243 shares during the last quarter. JPMorgan Chase & Co. increased its position in Bridger Aerospace Group by 110.4% during the fourth quarter. JPMorgan Chase & Co. now owns 35,630 shares of the company's stock worth $76,000 after buying an additional 18,695 shares in the last quarter. Finally, HighMark Wealth Management LLC raised its holdings in shares of Bridger Aerospace Group by 33.2% in the first quarter. HighMark Wealth Management LLC now owns 80,162 shares of the company's stock worth $91,000 after acquiring an additional 20,000 shares during the last quarter. Hedge funds and other institutional investors own 48.94% of the company's stock.
Bridger Aerospace Group Stock Performance
Bridger Aerospace Group stock traded up $0.16 during trading on Wednesday, reaching $2.04. 279,306 shares of the company's stock were exchanged, compared to its average volume of 489,717. Bridger Aerospace Group Holdings, Inc. has a 52-week low of $1.02 and a 52-week high of $4.44. The firm has a market cap of $111.63 million, a price-to-earnings ratio of -2.57 and a beta of 0.17. The company's 50-day moving average is $1.59 and its two-hundred day moving average is $1.89.
Bridger Aerospace Group (NASDAQ:BAER - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported ($0.41) earnings per share for the quarter, topping analysts' consensus estimates of ($0.50) by $0.09. The business had revenue of $15.65 million for the quarter, compared to analyst estimates of $6.00 million.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group raised their price target 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.
Check Out Our Latest Research Report on BAER
About Bridger Aerospace Group
(
Free Report)
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.
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