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 $1.46 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 $1.45 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 jump 10.90% to $1.73. Over the last five days, the stock has lost -4.95%. Bridger Aerospace Group Holdings Inc shares have fallen nearly -18.78% since the year began. Nevertheless, the stocks have fallen -65.40% over the past one year. While a 52-week high of $6.20 was reached on 01/10/25, a 52-week low of $1.43 was recorded on 03/17/25. SMA at 50 days reached $2.3634, while 200 days put it at $2.8303.
Levels Of Support And Resistance For BAER Stock
The 24-hour chart illustrates a support level at 1.6033, which if violated will result in even more drops to 1.4767. On the upside, there is a resistance level at 1.8133. A further resistance level may holdings at 1.8967. The Relative Strength Index (RSI) on the 14-day chart is 39.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0763, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 46.43%. Stochastics %K at 42.78% 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 2025-02-28, dropping by -0.11 million shares to a total of 1.06 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.17 million shares. There was a decline of -10.04%, which implies that there is a negative sentiment for the stock.
