GSA Capital Partners LLP purchased a new stake in Bird Global Inc (NYSE:BRDS – Get Rating) in the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 33,692 shares of the company’s stock, valued at approximately $83,000.
Other hedge funds and other institutional investors have also modified their holdings of the company. CTC Capital Management LLC bought a new stake in shares of Bird Global during the 1st quarter worth about $46,000. Qube Research & Technologies Ltd increased its position in shares of Bird Global by 118.2% in the first quarter. Qube Research & Technologies Ltd now owns 281,485 shares of the company’s stock worth $690,000 after acquiring an additional 152,498 shares in the last quarter. Institute for Wealth Management LLC. purchased a new position in shares of Bird Global in the first quarter worth approximately $34,000. Sciencast Management LP purchased a new position in Bird Global during the first quarter valued at approximately $275,000. Finally, Glynn Capital Management LLC purchased a new position in Bird Global during the first quarter valued at approximately $4,822,000. 55.03% of the stock is owned by institutional investors and hedge funds.
Bird Global Price Performance
Shares of NYSE:BRDS opened at $0.42 on Friday. Bird Global Inc has a 12 month low of $0.40 and a 12 month high of $9.29. The company’s 50-day moving average price is $0.50 and its two-hundred day moving average price is $1.45.
Analyst Ratings Changes
A number of brokerages have recently weighed in on BRDS. DA Davidson reduced their price objective on shares of Bird Global to $5.50 and set a “buy” rating for the company in a research note on Tuesday, May 17th. The Goldman Sachs Group lowered their price target on shares of Bird Global from $6.00 to $0.75 and set a “neutral” rating on the stock in a report on Thursday, August 18th.
Bird Global Profile
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.
- Get a free copy of the StockNews.com research report on Bird Global (BRDS)
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