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

Sona Asset Management US LLC bought a new stake in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 93,789 shares of the company’s stock, valued at approximately $990,000.

Several other institutional investors also recently made changes to their positions in BEAG. FNY Investment Advisers LLC lifted its holdings in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 3,988.6% in the 4th 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 during the last quarter. Governors Lane LP grew its stake in Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 20.0% during the 4th quarter. Governors Lane LP now owns 600,000 shares of the company’s stock worth $6,348,000 after buying an additional 100,000 shares during the last quarter. UBS Group AG grew its stake in Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 127.1% during the 4th quarter. UBS Group AG now owns 209,916 shares of the company’s stock worth $2,221,000 after buying an additional 117,477 shares during the last quarter. Lineage Point Capital LP bought a new position in Bold Eagle Acquisition Corp. – Class A Ordinary Shares during the 4th quarter worth $637,000. Finally, Fifth Lane Capital LP acquired a new stake in Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the fourth quarter worth $2,610,000.

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

NASDAQ BEAG opened at $10.67 on Monday. Bold Eagle Acquisition Corp. – Class A Ordinary Shares has a 52 week low of $10.34 and a 52 week high of $10.95. The company has a 50-day moving average price of $10.65 and a two-hundred day moving average price of $10.60.

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

Wall Street Analysts Forecast Growth

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