Governors Lane LP Increases Stock Position in Bold Eagle Acquisition Corp. – Class A Ordinary Shares $BEAG

Governors Lane LP lifted its position in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) by 20.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 600,000 shares of the company’s stock after purchasing an additional 100,000 shares during the period. Governors Lane LP’s holdings in Bold Eagle Acquisition Corp. – Class A Ordinary Shares were worth $6,348,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. FNY Investment Advisers LLC grew its stake in Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 3,988.6% during the 4th quarter. FNY Investment Advisers LLC now owns 71,550 shares of the company’s stock worth $756,000 after buying an additional 69,800 shares during the last quarter. Radcliffe Capital Management L.P. boosted its holdings in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 49.3% in the third quarter. Radcliffe Capital Management L.P. now owns 319,931 shares of the company’s stock valued at $3,327,000 after acquiring an additional 105,710 shares during the period. Hudson Bay Capital Management LP boosted its holdings in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 627.2% in the third quarter. Hudson Bay Capital Management LP now owns 1,020,311 shares of the company’s stock valued at $10,611,000 after acquiring an additional 880,000 shares during the period. Fifth Lane Capital LP purchased a new position in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares during the fourth quarter worth approximately $2,610,000. Finally, UBS Group AG increased its holdings in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 127.1% in the 4th quarter. UBS Group AG now owns 209,916 shares of the company’s stock valued at $2,221,000 after acquiring an additional 117,477 shares during the period.

Analysts Set New Price Targets

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

Bold Eagle Acquisition Corp. – Class A Ordinary Shares Stock Up 0.3%

Shares of NASDAQ BEAG opened at $10.67 on Thursday. Bold Eagle Acquisition Corp. – Class A Ordinary Shares has a 1-year low of $10.34 and a 1-year high of $10.95. The stock has a fifty day moving average price of $10.59 and a 200 day moving average price of $10.59.

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

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.