93,789 Shares in Bold Eagle Acquisition Corp. – Class A Ordinary Shares $BEAG Purchased by Sona Asset Management US LLC

Sona Asset Management US LLC bought a new stake in Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) in the first quarter, Holdings Channel reports. The fund bought 93,789 shares of the company’s stock, valued at approximately $990,000.

Other large investors have also recently bought and sold shares of the company. Cannon Global Investment Management LLC raised its position in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 13.2% during the 1st quarter. Cannon Global Investment Management LLC now owns 28,300 shares of the company’s stock worth $299,000 after buying an additional 3,300 shares in the last quarter. K2 Principal Fund L.P. boosted its holdings in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 2.5% in the fourth quarter. K2 Principal Fund L.P. now owns 307,018 shares of the company’s stock valued at $3,248,000 after acquiring an additional 7,603 shares in the last quarter. Geode Capital Management LLC acquired a new position in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares during the fourth quarter valued at approximately $240,000. Lineage Point Capital LP acquired a new position in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares during the fourth quarter valued at approximately $637,000. Finally, FNY Investment Advisers LLC increased its stake in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 3,988.6% during the fourth quarter. FNY Investment Advisers LLC now owns 71,550 shares of the company’s stock valued at $756,000 after acquiring an additional 69,800 shares during the period.

Wall Street Analyst Weigh In

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

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

Shares of BEAG stock opened at $10.67 on Monday. The stock has a 50-day simple moving average of $10.65 and a 200 day simple moving average of $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 quarterly earnings results on Friday, May 15th. The company reported $0.07 earnings per share for the quarter.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares Company Profile

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.