Saexploration Holdings, Inc: Andrew Feldstein And Stephen Siderow’s Bluemountain Capital Management increased Its Holding

September 14, 2018 - By Hannah Black

Andrew Feldstein And Stephen Siderow’s Bluemountain Capital Management Reported increased Stake in Saexploration Holdings, Inc

Bluemountain Capital Management filed with SEC a SC 13D/A form for Saexploration Holdings, Inc. It can be found at: 000090571818000793. As reported by Andrew Feldstein And Stephen Siderow’s Bluemountain Capital Management, the filler increased its stake in the stock by 1.30 % for 2,440,797 shares. Andrew Feldstein And Stephen Siderow’s Bluemountain Capital Management currently owns 13.3% of the Finance- stock. Date of activity: September 6, 2018.

The hedge fund with about $27.77 billion looks more positive after reporting such an increase of its Saexploration Holdings, Inc ownership.

The hedge fund is investor in the Finance sector.

SEC Form 13D.

Andrew Feldstein And Stephen Siderow’s Bluemountain Capital Management website.

The stock decreased 15.60% or $0.0796 during the last trading session, reaching $0.4305. About 820,714 shares traded. SAExploration Holdings, Inc. (NASDAQ:SAEX) has declined 80.83% since September 15, 2017 and is downtrending. It has underperformed by 96.45% the S&P500.

SAExploration Holdings, Inc., an oilfield services company, provides seismic data acquisition and logistical support services to the oil and natural gas industry in North and South America, the Southeast Asia, and West Africa. The company has market cap of $9.00 million. The Company’s seismic data acquisition services include program design, planning and permitting, camp services, survey, drilling, recording, reclamation, and in-field processing. It currently has negative earnings. The firm acquires 2D, 3D, time-lapse 4D, and multi-component seismic data on land, in transition zones between land and water, and in offshore in depths reaching 3,000 meters.

Another recent and important SAExploration Holdings, Inc. (NASDAQ:SAEX) news was published by Globenewswire.com which published an article titled: “SAExploration Announces 20-To-1 Reverse Stock Split” on September 14, 2018.

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