Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAER) CEO Sells $10,606.94 in Stock

Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAER) CEO Samuel Carl Davis sold 3,914 shares of the stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $2.71, for a total transaction of $10,606.94. Following the completion of the transaction, the chief executive officer now owns 468,039 shares of the company’s stock, valued at approximately $1,268,385.69. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Samuel Carl Davis also recently made the following trade(s):

• On Monday, September 16th, Samuel Carl Davis sold 19,323 shares of Bridger Aerospace Group stock. The shares were sold at an average price of $2.56, for a total transaction of $49,466.88.

Bridger Aerospace Group Stock Down 1.9 %

Shares of Bridger Aerospace Group stock opened at $2.53 on Friday. The stock has a market capitalization of $118.95 million, a P/E ratio of -1.45 and a beta of -0.16. Bridger Aerospace Group Holdings, Inc. has a 12-month low of $1.71 and a 12-month high of $9.19. The company has a 50-day simple moving average of $2.97 and a 200 day simple moving average of $3.89.

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

Wall Street Analyst Weigh In

A number of research analysts have commented on BAER shares. Canaccord Genuity Group restated a “buy” rating and set a $5.25 price target on shares of Bridger Aerospace Group in a research note on Tuesday, August 13th. Canaccord Genuity Group began coverage on 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.

Hedge Funds Weigh In On Bridger Aerospace Group

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

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.