Peterson Wealth Advisors LLC Has $518,000 Position in Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAER)

Peterson Wealth Advisors LLC lifted its holdings in Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAER) by 20.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 233,323 shares of the company’s stock after buying an additional 38,887 shares during the period. Peterson Wealth Advisors LLC owned about 0.50% of Bridger Aerospace Group worth $518,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of BAER. Aspiriant LLC acquired a new stake in shares of Bridger Aerospace Group during the third quarter worth approximately $145,000. Rhumbline Advisers purchased a new stake in Bridger Aerospace Group in the 2nd quarter worth approximately $36,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Bridger Aerospace Group during the 2nd quarter valued at $50,000. Hedge funds and other institutional investors own 48.94% of the company’s stock.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a $5.25 price objective on shares of Bridger Aerospace Group in a report on Tuesday, August 13th.

Insiders Place Their Bets

In other Bridger Aerospace Group news, EVP James J. Muchmore sold 18,902 shares of the business’s stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $2.70, for a total value of $51,035.40. Following the completion of the sale, the executive vice president now owns 820,417 shares of the company’s stock, valued at $2,215,125.90. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, EVP James J. Muchmore sold 18,902 shares of the firm’s stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $2.70, for a total value of $51,035.40. Following the transaction, the executive vice president now directly owns 820,417 shares of the company’s stock, valued at approximately $2,215,125.90. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Samuel Carl Davis sold 19,323 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $2.56, for a total value of $49,466.88. Following the completion of the sale, the chief executive officer now owns 474,352 shares of the company’s stock, valued at approximately $1,214,341.12. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 96,614 shares of company stock valued at $252,811 over the last three months. 70.70% of the stock is currently owned by insiders.

Bridger Aerospace Group Stock Performance

Shares of NASDAQ BAER opened at $3.45 on Monday. The business has a 50 day simple moving average of $2.58 and a 200 day simple moving average of $3.43. Bridger Aerospace Group Holdings, Inc. has a 52 week low of $1.71 and a 52 week high of $7.82. The stock has a market cap of $162.20 million, a price-to-earnings ratio of -1.97 and a beta of -0.18.

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

About Bridger Aerospace Group

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.