Bridger Aerospace Group Holdings Inc’s recent filing unveils that its Chief Legal Officer & EVP Muchmore James J unloaded Company’s shares for reported $69495.0 on Sep 16 ’24. In the deal valued at $2.58 per share,26,936 shares were sold. As a result of this transaction, Muchmore James J now holds 844,211 shares worth roughly $2.29 million.
Then, Muchmore James J sold 18,902 shares, generating $51,035 in total proceeds. Upon selling the shares at $2.70, the Chief Legal Officer & EVP now owns 820,417 shares.
Before that, Muchmore James J sold 4,892 shares. Bridger Aerospace Group Holdings Inc shares valued at $12,964 were divested by the Chief Legal Officer & EVP at a price of $2.65 per share. As a result of the transaction, Muchmore James J now holds 839,319 shares, worth roughly $2.27 million.
Canaccord Genuity initiated its Bridger Aerospace Group Holdings Inc [BAER] rating to a Buy in a research note published on June 24, 2024; the price target was $5.50.
Price Performance Review of BAER
On Tuesday, Bridger Aerospace Group Holdings Inc [NASDAQ:BAER] saw its stock fall -17.75% to $2.71. Over the last five days, the stock has gained 8.84%. Bridger Aerospace Group Holdings Inc shares have risen nearly 27.23% since the year began. Nevertheless, the stocks have fallen -56.71% over the past one year. While a 52-week high of $6.78 was reached on 01/10/25, a 52-week low of $1.71 was recorded on 01/03/25. SMA at 50 days reached $2.71, while 200 days put it at $3.31.
Levels Of Support And Resistance For BAER Stock
The 24-hour chart illustrates a support level at 2.47, which if violated will result in even more drops to 2.23. On the upside, there is a resistance level at 3.16. A further resistance level may holdings at 3.61. The Relative Strength Index (RSI) on the 14-day chart is 54.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.67, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.05%. Stochastics %K at 47.14% indicates the stock is a holding.
How much short interest is there in Bridger Aerospace Group Holdings Inc?
A steep rise in short interest was recorded in Bridger Aerospace Group Holdings Inc stocks on 2024-12-31, growing by 15463.0 shares to a total of 0.69 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.67 million shares. There was a rise of 2.25%, which implies that there is a positive sentiment for the stock.
