UBS Group AG Increases Stock Holdings in Bold Eagle Acquisition Corp. – Class A Ordinary Shares $BEAG

UBS Group AG lifted its position in Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) by 127.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 209,916 shares of the company’s stock after purchasing an additional 117,477 shares during the quarter. UBS Group AG’s holdings in Bold Eagle Acquisition Corp. – Class A Ordinary Shares were worth $2,221,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. FNY Investment Advisers LLC grew its holdings in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 3,988.6% in the fourth quarter. FNY Investment Advisers LLC now owns 71,550 shares of the company’s stock valued at $756,000 after purchasing an additional 69,800 shares during the period. Radcliffe Capital Management L.P. boosted its stake in Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 49.3% during the third quarter. Radcliffe Capital Management L.P. now owns 319,931 shares of the company’s stock worth $3,327,000 after buying an additional 105,710 shares during the period. Hudson Bay Capital Management LP boosted its stake in Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 627.2% during the third quarter. Hudson Bay Capital Management LP now owns 1,020,311 shares of the company’s stock worth $10,611,000 after buying an additional 880,000 shares during the period. Centiva Capital LP boosted its stake in Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 455.4% during the third quarter. Centiva Capital LP now owns 1,567,798 shares of the company’s stock worth $16,305,000 after buying an additional 1,285,514 shares during the period. Finally, Waratah Capital Advisors Ltd. purchased a new position in Bold Eagle Acquisition Corp. – Class A Ordinary Shares during the third quarter worth about $1,456,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares in a research note on Thursday, April 2nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

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

Shares of BEAG stock opened at $10.58 on Thursday. The company has a 50-day moving average of $10.56 and a two-hundred day moving average of $10.58. Bold Eagle Acquisition Corp. – Class A Ordinary Shares has a 1-year low of $10.34 and a 1-year high of $10.95.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) last announced its 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 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.