Bird Global Inc (NYSE:BRDS) Insider William S. Rushforth Sells 42,337 Shares

Bird Global Inc (NYSE:BRDSGet Rating) insider William S. Rushforth sold 42,337 shares of Bird Global stock in a transaction on Monday, June 13th. The shares were sold at an average price of $0.56, for a total transaction of $23,708.72. Following the completion of the transaction, the insider now directly owns 2,765,635 shares of the company’s stock, valued at approximately $1,548,755.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of Bird Global stock traded down $0.03 during mid-day trading on Thursday, reaching $0.53. 4,969 shares of the stock traded hands, compared to its average volume of 1,423,096. The business has a 50-day moving average of $1.27 and a 200 day moving average of $3.38. Bird Global Inc has a fifty-two week low of $0.48 and a fifty-two week high of $9.29.

Several institutional investors have recently made changes to their positions in BRDS. Craft Ventures GP I LLC acquired a new position in shares of Bird Global during the fourth quarter valued at approximately $166,271,000. Valor Management LLC acquired a new stake in shares of Bird Global in the fourth quarter valued at approximately $137,437,000. SC US Ttgp LTD. acquired a new stake in shares of Bird Global in the fourth quarter valued at approximately $75,919,000. Accel Growth Fund IV Associates L.L.C. acquired a new stake in shares of Bird Global in the fourth quarter valued at approximately $39,443,000. Finally, Caisse DE Depot ET Placement DU Quebec acquired a new stake in shares of Bird Global in the fourth quarter valued at approximately $23,356,000. 53.02% of the stock is owned by institutional investors and hedge funds.

Separately, DA Davidson cut their target price on shares of Bird Global to $5.50 and set a “buy” rating for the company in a research note on Tuesday, May 17th.

About Bird Global (Get Rating)

Bird Global, Inc, a micro mobility company, engages in delivering electric transportation solutions for short distances. The company’s transportation solutions include e-scooters and e-bikes. It offers a fleet of shared electric vehicles to riders through bird.co, as well as sells products through retailers and distributors.

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