HighMark Wealth Management LLC Buys 30,000 Shares of Bridger Aerospace Group Holdings, Inc. $BAER

HighMark Wealth Management LLC grew its stake in Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAER) by 37.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 110,162 shares of the company’s stock after acquiring an additional 30,000 shares during the quarter. HighMark Wealth Management LLC owned 0.20% of Bridger Aerospace Group worth $213,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of BAER. BNP Paribas Financial Markets bought a new position in Bridger Aerospace Group in the 4th quarter worth about $38,000. Charles Schwab Investment Management Inc. raised its holdings in Bridger Aerospace Group by 61.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 33,001 shares of the company’s stock worth $37,000 after buying an additional 12,500 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in shares of Bridger Aerospace Group in the first quarter worth approximately $41,000. Millennium Management LLC purchased a new stake in shares of Bridger Aerospace Group during the fourth quarter valued at approximately $138,000. Finally, Kieckhefer Group LLC grew its holdings in shares of Bridger Aerospace Group by 8,625.0% during the first quarter. Kieckhefer Group LLC now owns 174,500 shares of the company’s stock valued at $197,000 after buying an additional 172,500 shares during the last quarter. 48.94% of the stock is owned by hedge funds and other institutional investors.

Bridger Aerospace Group Stock Down 4.4%

Shares of NASDAQ BAER opened at $1.85 on Friday. Bridger Aerospace Group Holdings, Inc. has a twelve month low of $1.02 and a twelve month high of $4.44. The firm has a market cap of $102.73 million, a P/E ratio of -3.19 and a beta of 0.16. The company has a 50 day moving average of $1.91 and a 200 day moving average of $1.69.

Bridger Aerospace Group (NASDAQ:BAER) last issued its earnings results on Thursday, August 7th. The company reported ($0.12) EPS for the quarter, beating the consensus estimate of ($0.28) by $0.16. The business had revenue of $30.75 million for the quarter, compared to analysts’ expectations of $65.20 million. Bridger Aerospace Group has set its FY 2025 guidance at EPS.

Bridger Aerospace Group Profile

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.