DLD Asset Management LP Acquires 98,952 Shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares $BEAG

DLD Asset Management LP boosted its holdings in Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) by 28.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 448,952 shares of the company’s stock after buying an additional 98,952 shares during the period. Bold Eagle Acquisition Corp. – Class A Ordinary Shares makes up about 0.4% of DLD Asset Management LP’s investment portfolio, making the stock its 23rd biggest position. DLD Asset Management LP’s holdings in Bold Eagle Acquisition Corp. – Class A Ordinary Shares were worth $4,739,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Millennium Management LLC acquired a new stake in Bold Eagle Acquisition Corp. – Class A Ordinary Shares during the 1st quarter worth $7,100,000. Goldman Sachs Group Inc. bought a new stake in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares during the 1st quarter valued at $7,680,000. JPMorgan Chase & Co. acquired a new position in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the 2nd quarter valued at $1,567,000. Shaolin Capital Management LLC lifted its stake in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 54.5% in the 2nd quarter. Shaolin Capital Management LLC now owns 275,000 shares of the company’s stock valued at $2,879,000 after purchasing an additional 97,008 shares during the period. Finally, Sandia Investment Management LP boosted its position in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 485.9% in the 2nd quarter. Sandia Investment Management LP now owns 180,870 shares of the company’s stock worth $1,894,000 after purchasing an additional 150,000 shares during the last quarter.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares Price Performance

Bold Eagle Acquisition Corp. – Class A Ordinary Shares stock opened at $10.68 on Thursday. The company’s 50 day simple moving average is $10.65 and its 200 day simple moving average is $10.60. Bold Eagle Acquisition Corp. – Class A Ordinary Shares has a fifty-two week low of $10.34 and a fifty-two week high of $10.95.

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

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares in a research note on Tuesday, June 30th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

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.