ARK Investment Management LLC lowered its position in shares of Blade Air Mobility, Inc. (NASDAQ:BLDE – Free Report) by 4.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,493,785 shares of the company’s stock after selling 299,941 shares during the quarter. ARK Investment Management LLC owned 8.70% of Blade Air Mobility worth $22,923,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. lifted its stake in Blade Air Mobility by 8.7% in the second quarter. BlackRock Inc. now owns 3,995,565 shares of the company’s stock valued at $15,743,000 after buying an additional 321,472 shares in the last quarter. Vanguard Group Inc. lifted its stake in Blade Air Mobility by 0.8% in the third quarter. Vanguard Group Inc. now owns 2,817,988 shares of the company’s stock valued at $7,299,000 after buying an additional 22,090 shares in the last quarter. State Street Corp lifted its stake in Blade Air Mobility by 62.7% in the second quarter. State Street Corp now owns 2,038,744 shares of the company’s stock valued at $8,033,000 after buying an additional 785,343 shares in the last quarter. Northern Right Capital Management L.P. bought a new position in Blade Air Mobility in the second quarter valued at approximately $4,521,000. Finally, Geode Capital Management LLC lifted its stake in Blade Air Mobility by 7.9% in the second quarter. Geode Capital Management LLC now owns 1,114,257 shares of the company’s stock valued at $4,390,000 after buying an additional 81,713 shares in the last quarter. Institutional investors and hedge funds own 47.36% of the company’s stock.
Blade Air Mobility Price Performance
Shares of BLDE stock opened at $2.86 on Thursday. The company’s fifty day simple moving average is $3.10 and its 200-day simple moving average is $2.97. Blade Air Mobility, Inc. has a 12 month low of $2.06 and a 12 month high of $4.54.
Insider Transactions at Blade Air Mobility
Blade Air Mobility Profile
Blade Air Mobility, Inc provides air transportation alternatives to the congested ground routes in the United States. It provides its services through charter and by-the-seat flights using helicopters, jets, turboprops, and amphibious seaplanes. The company was founded in 2014 and is headquartered in New York, New York.
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