Bold Eagle Acquisition Corp. – Class A Ordinary Shares $BEAG is Gritstone Asset Management LLC’s 7th Largest Position

Gritstone Asset Management LLC trimmed its holdings in Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) by 12.5% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 348,662 shares of the company’s stock after selling 50,000 shares during the period. Bold Eagle Acquisition Corp. – Class A Ordinary Shares accounts for approximately 3.7% of Gritstone Asset Management LLC’s portfolio, making the stock its 7th largest position. Gritstone Asset Management LLC’s holdings in Bold Eagle Acquisition Corp. – Class A Ordinary Shares were worth $3,650,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the first quarter valued at about $235,000. Kepos Capital LP purchased a new stake in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the first quarter valued at about $457,000. Picton Mahoney Asset Management purchased a new stake in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the first quarter valued at about $1,015,000. Mizuho Securities USA LLC purchased a new stake in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the first quarter valued at about $1,249,000. Finally, DLD Asset Management LP purchased a new stake in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the first quarter valued at about $1,690,000.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares Trading Down 0.2%

Shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares stock opened at $10.55 on Friday. Bold Eagle Acquisition Corp. – Class A Ordinary Shares has a 52-week low of $9.84 and a 52-week high of $11.20. The company’s 50-day simple moving average is $10.40 and its 200-day simple moving average is $10.38.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares in a report on Wednesday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares Profile

Bold Eagle Acquisition Corp. operates as a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization and similar business combination with one or more businesses. The company was founded on February 22, 2021 and is headquartered in New York, NY.