Samuel Carl Davis Sells 3,914 Shares of Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAER) Stock

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

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 value of $49,466.88.

Bridger Aerospace Group Stock Down 3.4 %

BAER traded down $0.09 during trading hours on Wednesday, hitting $2.52. The stock had a trading volume of 154,188 shares, compared to its average volume of 44,944. The company’s fifty day simple moving average is $3.00 and its 200 day simple moving average is $3.91. Bridger Aerospace Group Holdings, Inc. has a 1 year low of $1.71 and a 1 year high of $9.19. The stock has a market cap of $118.48 million, a PE ratio of -1.44 and a beta of -0.16.

Bridger Aerospace Group (NASDAQ:BAER) last issued 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 during the quarter.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Rhumbline Advisers bought a new position in Bridger Aerospace Group in the 2nd quarter worth about $36,000. Bank of New York Mellon Corp bought a new position in Bridger Aerospace Group in the 2nd quarter worth about $50,000. Finally, Peterson Wealth Advisors LLC bought a new position in Bridger Aerospace Group in the 1st quarter worth about $976,000. Institutional investors own 48.94% of the company’s stock.

Wall Street Analysts Forecast Growth

BAER has been the subject of several research analyst reports. Canaccord Genuity Group reaffirmed a “buy” rating and set a $5.25 target price on shares of Bridger Aerospace Group in a research report on Tuesday, August 13th. Canaccord Genuity Group began coverage on Bridger Aerospace Group in a report on Monday, June 24th. They issued a “buy” rating and a $5.50 price objective for the company.

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.