Bridger AerospaceBAER
About: Bridger Aerospace Group Holdings Inc operates as an aerial firefighting company. It provides aerial wildfire surveillance, relief and suppression, and aerial firefighting services using next-generation technology and environmentally friendly and sustainable firefighting methods. Bridger Aerospace provides aerial firefighting and wildfire management services to federal and state government agencies, including the United States Forest Service, across the nation. The company's portfolio is organized across two offerings: Fire Suppression, which Consists of deploying specialized Viking CL-415EAF ("Super Scooper") aircraft to drop large amounts of water quickly and directly on wildfires, and Aerial Surveillance, providing aerial surveillance via manned aircraft for fire suppression aircraft.
Employees: 148
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
567% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 3
450% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 2
85% more funds holding
Funds holding: 20 [Q1] → 37 (+17) [Q2]
3.19% more ownership
Funds ownership: 24.0% [Q1] → 27.19% (+3.19%) [Q2]
12% less capital invested
Capital invested by funds: $54M [Q1] → $47.8M (-$6.22M) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Canaccord Genuity Austin Moeller 17% 1-year accuracy 4 / 23 met price target | 126%upside $5.25 | Buy Maintained | 13 Aug 2024 |