Director Jeffrey Kelter Buys $354K of Bridger Aerospace Stock Near 52-Week Low
BAER is trading near its 52-week low of $1.12 (3.6% above the low).
Summary
Director Jeffrey Kelter bought $354,050 worth of Bridger Aerospace stock near its 52-week low, increasing his stake to over 1 million shares.
Key Events · Ownership and Investor Activity · BAER
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Director Buys $354K in Open Market
Jeffrey E. Kelter purchased 300,000 shares for $354,050 across six transactions on August 19-20, 2026, at prices ranging from $1.13 to $1.22.
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Purchase Near 52-Week Low
The stock trades at $1.16, just above its 52-week low of $1.12, making this a contrarian buy by a board member.
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Holdings Exceed 1 Million Shares
Post-transaction holdings total 1,086,273 shares, including 42,498 direct earnout shares and 212,491 indirect earnout shares.
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Follows Blackstone Selling Pressure
The purchase comes after multiple Form 144 filings by Blackstone affiliates to sell millions of shares, which have weighed on the stock.
Analysis · BAER · Trade & Services
Director Jeffrey E. Kelter purchased 300,000 shares for $354,050 in open-market transactions on August 19-20, 2026, at prices between $1.13 and $1.22. The purchase comes as the stock trades near its 52-week low of $1.12, and follows a series of Blackstone affiliate sales that have pressured the stock. Kelter's direct and indirect holdings now total 1,086,273 shares, including earnout shares tied to performance milestones. This is a meaningful insider buy by a board member, signaling confidence in the company's prospects despite recent revenue declines and a CFO departure.
At the time of this filing, BAER was trading at $1.16 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $67.7M. The 52-week trading range was $1.12 to $3.44. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.