Bridge Investment Group (BRDG)

• Market cap: $355M
• 1 day: 1.31%
• 5 days: -7.41%
• 1 month: -12.91%
• 3 months: -10.15%
• 6 months: 19.72%
• Year to date: -10.05%
• 1 year: -6.18%
• 5 years: -45.69%
• 10 years: -45.69%
• Sector: Financials
• Industry: Investment Advice

About: Bridge Investment Group Holdings Inc is a vertically integrated investment manager, diversified across specialized asset classes. The company combines its nationwide operating platform with dedicated teams of investment professionals focused on various specialized and synergistic investment platforms, including real estate, credit, renewable energy, and secondaries strategies. Its broad range of products and vertically integrated structure allow it to capture new market opportunities and serve investors with various investment objectives. The company operates Its business in a single segment, alternative investment management, diversified across specialized and synergistic investment platforms.

Employees: 2,300

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

21% more capital invested

Capital invested by funds: $155M [Q2] → $187M (+$32.2M) [Q3]

5% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 19

1% less funds holding

Funds holding: 69 [Q2] → 68 (-1) [Q3]

4.91% less ownership

Funds ownership: 50.18% [Q2] → 45.27% (-4.91%) [Q3]

12% less call options, than puts

Call options by funds: $924K | Put options by funds: $1.05M

17% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 24

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $10 18% upside
• Avg. target: $11.63 37% upside
• High target: $14 65% upside

4 analyst ratings

• positive: 2 50%
• neutral: 2 50%
• negative: 0 0%

TD Cowen Bill Kirk 50% 1-year accuracy 11 / 22 met price target	18% upside $10	Hold Maintained	12 Nov 2024
UBS Brennan Hawken 74% 1-year accuracy 29 / 39 met price target	29% upside $11	Neutral Maintained	22 Oct 2024
Morgan Stanley Michael Cyprys 65% 1-year accuracy 22 / 34 met price target	65% upside $14	Overweight Maintained	10 Oct 2024
Wells Fargo Michael Brown 68% 1-year accuracy 28 / 41 met price target	35% upside $11.50	Overweight Maintained	9 Oct 2024