Blade Air Mobility Inc (NASDAQ: BLDE) is 26.44% higher on its value in year-to-date trading and has touched a low of $2.35 and a high of $5.17 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BLDE stock was last observed hovering at around $4.52 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $4.4, the stock is 7.84% and 17.08% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.51 million and changing -2.65% at the moment leaves the stock 22.72% off its SMA200. BLDE registered 3.53% gain for a year compared to 6-month gain of 18.60%. The firm has a 50-day simple moving average (SMA 50) of $3.6677 and a 200-day simple moving average (SMA200) of $3.56385.
The stock witnessed a 10.28% loss in the last 1 month and extending the period to 3 months gives it a 60.58%, and is 3.53% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.25% over the week and 5.36% over the month.
Blade Air Mobility Inc (BLDE) has around 322 employees, a market worth around $356.48M and $251.49M in sales. Profit margin for the company is -10.56%. Distance from 52-week low is 87.23% and -14.89% from its 52-week high. The company has generated returns on investments over the last 12 months (-11.78%).
The EPS is expected to grow by 68.03% this year
162.0 institutions hold shares in Blade Air Mobility Inc (BLDE), with institutional investors hold 77.09% of the company’s shares. The shares outstanding are 80.97M, and float is at 57.06M with Short Float at 4.75%. Institutions hold 68.87% of the Float.
The top institutional shareholder in the company is ARK INVESTMENT MANAGEMENT LLC with over 6.44 million shares valued at $22.42 million. The investor’s holdings represent 8.3026 of the BLDE Shares outstanding. As of 2024-06-30, the second largest holder is SUMITOMO MITSUI TRUST HOLDINGS, INC. with 4.06 million shares valued at $14.13 million to account for 5.2321 of the shares outstanding. The other top investors are NIKKO ASSET MANAGEMENT AMERICAS, INC. which holds 4.04 million shares representing 5.2027 and valued at over $14.01 million, while BLACKROCK INC. holds 5.0236 of the shares totaling 3.9 million with a market value of $13.57 million.
Blade Air Mobility Inc (BLDE) Insider Activity
The most recent transaction is an insider sale by Tomkiel Melissa M., the company’s President and General Counsel. SEC filings show that Tomkiel Melissa M. sold 100,000 shares of the company’s common stock on Jun 09 ’25 at a price of $4.08 per share for a total of $0.41 million. Following the sale, the insider now owns 1.15 million shares.
Blade Air Mobility Inc disclosed in a document filed with the SEC on Jun 09 ’25 that Heyburn William A. (Chief Financial Officer) sold a total of 100,000 shares of the company’s common stock. The trade occurred on Jun 09 ’25 and was made at $4.07 per share for $0.41 million. Following the transaction, the insider now directly holds 1.36 million shares of the BLDE stock.
