Lineage Point Capital LP Invests $637,000 in Bold Eagle Acquisition Corp. – Class A Ordinary Shares $BEAG

Lineage Point Capital LP purchased a new stake in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 60,162 shares of the company’s stock, valued at approximately $637,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Harraden Circle Investments LLC purchased a new position in Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the 4th quarter worth approximately $27,040,000. Centiva Capital LP raised its position in Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 455.4% in the 3rd quarter. Centiva Capital LP now owns 1,567,798 shares of the company’s stock worth $16,305,000 after buying an additional 1,285,514 shares during the last quarter. Meteora Capital LLC lifted its stake in Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 192.8% during the 3rd quarter. Meteora Capital LLC now owns 1,361,224 shares of the company’s stock valued at $14,157,000 after acquiring an additional 896,297 shares during the period. Lighthouse Investment Partners LLC lifted its stake in Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 78.6% during the 2nd quarter. Lighthouse Investment Partners LLC now owns 1,250,000 shares of the company’s stock valued at $13,088,000 after acquiring an additional 550,000 shares during the period. Finally, Hudson Bay Capital Management LP boosted its holdings in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 627.2% during the 3rd quarter. Hudson Bay Capital Management LP now owns 1,020,311 shares of the company’s stock valued at $10,611,000 after acquiring an additional 880,000 shares during the last quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares in a research note on Thursday, April 2nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Bold Eagle Acquisition Corp. – Class A Ordinary Shares currently has an average rating of “Sell”.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares Trading Down 0.3%

Shares of BEAG opened at $10.64 on Friday. The firm has a fifty day simple moving average of $10.59 and a two-hundred day simple moving average of $10.59. Bold Eagle Acquisition Corp. – Class A Ordinary Shares has a 1-year low of $10.34 and a 1-year high of $10.95.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) last released its quarterly earnings results on Friday, May 15th. The company reported $0.07 earnings per share (EPS) for the quarter.

About Bold Eagle Acquisition Corp. – Class A Ordinary Shares

Bold Eagle Acquisition Corp. is a Delaware-incorporated special purpose acquisition company whose Class A ordinary shares trade on the Nasdaq under the ticker BEAG. The company was formed to raise capital through an initial public offering, providing investors with the opportunity to participate in a business combination with one or more target companies.

As a blank?check company, Bold Eagle Acquisition has not yet announced a definitive merger or acquisition target. Its mandate allows it to pursue transactions across a wide range of industries and geographies, subject to approval by its shareholders and regulatory requirements.

Bold Eagle Acquisition’s operations are overseen by a board and management team with experience in capital markets and corporate strategy.