Scratch Capital LLC Invests $29,000 in Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAER)

Scratch Capital LLC bought a new stake in shares of Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAER) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 13,607 shares of the company’s stock, valued at approximately $29,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Mill Creek Capital Advisors LLC acquired a new position in shares of Bridger Aerospace Group during the third quarter valued at about $433,000. GM Advisory Group LLC bought a new stake in Bridger Aerospace Group in the 3rd quarter valued at about $61,000. Barclays PLC raised its stake in Bridger Aerospace Group by 347.8% during the 3rd quarter. Barclays PLC now owns 13,936 shares of the company’s stock worth $31,000 after buying an additional 10,824 shares during the period. Geode Capital Management LLC boosted its holdings in Bridger Aerospace Group by 54.0% in the third quarter. Geode Capital Management LLC now owns 351,374 shares of the company’s stock worth $780,000 after acquiring an additional 123,158 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in Bridger Aerospace Group by 167.8% in the third quarter. JPMorgan Chase & Co. now owns 16,935 shares of the company’s stock valued at $38,000 after acquiring an additional 10,612 shares during the period. 48.94% of the stock is owned by institutional investors.

Bridger Aerospace Group Price Performance

Shares of NASDAQ BAER opened at $1.84 on Tuesday. Bridger Aerospace Group Holdings, Inc. has a 1 year low of $1.68 and a 1 year high of $6.20. The stock has a market capitalization of $99.45 million, a P/E ratio of -1.34 and a beta of -0.23. The company has a 50-day moving average price of $2.47 and a 200-day moving average price of $2.62.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a $6.00 target price on shares of Bridger Aerospace Group in a research report on Wednesday, January 15th.

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.