GAMMA Investing LLC lifted its position in BAE Systems plc (OTCMKTS:BAESF – Free Report) by 311.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,187 shares of the company’s stock after buying an additional 4,683 shares during the quarter. GAMMA Investing LLC’s holdings in BAE Systems were worth $90,000 as of its most recent SEC filing.
Separately, Eagle Bay Advisors LLC bought a new stake in BAE Systems in the third quarter valued at approximately $34,000. 40.72% of the stock is owned by institutional investors and hedge funds.
BAE Systems Price Performance
BAESF stock opened at $14.55 on Friday. BAE Systems plc has a 1-year low of $14.03 and a 1-year high of $18.26. The business’s 50 day simple moving average is $15.68 and its 200 day simple moving average is $16.44.
BAE Systems Profile
BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.
Further Reading
- Five stocks we like better than BAE Systems
- 3 Best Fintech Stocks for a Portfolio Boost
- 3 Defense Stocks Gaining From Budget and Interest Rate Pressures
- Trading Stocks: RSI and Why it’s Useful
- 3 Natural Gas Stocks Set to Thrive in This Winter’s Freeze
- The Basics of Support and Resistance
- Bullish on Athleisure? Here’s Why Lululemon Stock Shines
Want to see what other hedge funds are holding BAESF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BAE Systems plc (OTCMKTS:BAESF – Free Report).
Receive News & Ratings for BAE Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BAE Systems and related companies with MarketBeat.com's FREE daily email newsletter.