TENOR CAPITAL MANAGEMENT Co. L.P. Buys Shares of 300,000 Foley Trasimene Acquisition Corp. (NYSE:WPF)

TENOR CAPITAL MANAGEMENT Co. L.P. bought a new stake in Foley Trasimene Acquisition Corp. (NYSE:WPF) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 300,000 shares of the company’s stock, valued at approximately $3,012,000. TENOR CAPITAL MANAGEMENT Co. L.P. owned 0.23% of Foley Trasimene Acquisition as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in WPF. Royal Bank of Canada raised its stake in shares of Foley Trasimene Acquisition by 170.0% during the 1st quarter. Royal Bank of Canada now owns 6,750 shares of the company’s stock worth $68,000 after buying an additional 4,250 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in shares of Foley Trasimene Acquisition during the 4th quarter worth $61,000. Black Maple Capital Management LP acquired a new position in shares of Foley Trasimene Acquisition during the 1st quarter worth $100,000. Susquehanna International Group LLP acquired a new position in shares of Foley Trasimene Acquisition during the 4th quarter worth $163,000. Finally, Rockefeller Capital Management L.P. acquired a new position in shares of Foley Trasimene Acquisition during the 1st quarter worth $148,000. 56.93% of the stock is owned by institutional investors.

Foley Trasimene Acquisition stock traded up $0.07 during midday trading on Thursday, reaching $9.00. 2,213,992 shares of the company were exchanged, compared to its average volume of 2,176,348. The company’s 50-day moving average is $9.98. Foley Trasimene Acquisition Corp. has a 1 year low of $9.58 and a 1 year high of $14.51.

In other Foley Trasimene Acquisition news, CEO Richard N. Massey purchased 10,000 shares of the stock in a transaction on Monday, June 28th. The stock was bought at an average price of $9.90 per share, for a total transaction of $99,000.00. Following the acquisition, the chief executive officer now directly owns 10,000 shares of the company’s stock, valued at $99,000. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder William P. Foley II purchased 100,000 shares of the stock in a transaction on Monday, June 28th. The stock was acquired at an average price of $9.98 per share, with a total value of $998,000.00. Following the acquisition, the insider now directly owns 100,000 shares in the company, valued at $998,000. The disclosure for this purchase can be found here.

Separately, DA Davidson started coverage on Foley Trasimene Acquisition in a research report on Tuesday, April 27th. They set a “buy” rating and a $20.00 price objective for the company.

Foley Trasimene Acquisition Profile

Foley Trasimene Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company focuses on identifying a prospective target business in financial technology or business process outsourcing.

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Institutional Ownership by Quarter for Foley Trasimene Acquisition (NYSE:WPF)

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