Fifth Lane Capital LP Makes New Investment in Bold Eagle Acquisition Corp. – Class A Ordinary Shares $BEAG

Fifth Lane Capital LP bought a new position in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAGFree Report) in the fourth quarter, HoldingsChannel.com reports. The firm bought 246,654 shares of the company’s stock, valued at approximately $2,610,000. Bold Eagle Acquisition Corp. – Class A Ordinary Shares makes up 1.9% of Fifth Lane Capital LP’s portfolio, making the stock its 9th largest position.

Several other hedge funds also recently added to or reduced their stakes in BEAG. Geode Capital Management LLC purchased a new position in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the 4th quarter valued at approximately $240,000. Cannon Global Investment Management LLC increased its holdings in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 25.0% during the 4th quarter. Cannon Global Investment Management LLC now owns 25,000 shares of the company’s stock valued at $264,000 after purchasing an additional 5,000 shares in the last quarter. Clear Street Group Inc. acquired a new position in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the third quarter worth about $446,000. FNY Investment Advisers LLC boosted its position in 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 worth $756,000 after purchasing an additional 69,800 shares in the last quarter. Finally, Susquehanna International Group LLP purchased a new position in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares during the 3rd quarter valued at approximately $790,000.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares in a research note on Thursday, April 2nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Bold Eagle Acquisition Corp. – Class A Ordinary Shares presently has an average rating of “Sell”.

View Our Latest Report on BEAG

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

BEAG stock opened at $10.63 on Friday. The business’s fifty day moving average price is $10.58 and its 200 day moving average price is $10.59. Bold Eagle Acquisition Corp. – Class A Ordinary Shares has a 12-month low of $10.34 and a 12-month high of $10.95.

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

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

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding BEAG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAGFree Report).

Institutional Ownership by Quarter for Bold Eagle Acquisition Corp. - Class A Ordinary Shares (NASDAQ:BEAG)

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