850,000 Shares in American Exceptionalism Acquisition Corp. $AEXA Bought by Picton Mahoney Asset Management

Picton Mahoney Asset Management acquired a new stake in shares of American Exceptionalism Acquisition Corp. (NYSE:AEXA) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 850,000 shares of the company’s stock, valued at approximately $9,290,000. Picton Mahoney Asset Management owned about 1.98% of American Exceptionalism Acquisition as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the company. Alberta Investment Management Corp bought a new stake in shares of American Exceptionalism Acquisition during the 3rd quarter valued at about $12,023,000. Allianz Asset Management GmbH purchased a new position in shares of American Exceptionalism Acquisition in the third quarter worth approximately $9,837,000. MMCAP International Inc. SPC bought a new stake in American Exceptionalism Acquisition during the third quarter valued at approximately $6,898,000. JPMorgan Chase & Co. purchased a new stake in American Exceptionalism Acquisition during the third quarter valued at approximately $2,325,000. Finally, Highbridge Capital Management LLC bought a new position in American Exceptionalism Acquisition in the third quarter worth approximately $2,323,000.

American Exceptionalism Acquisition Stock Up 1.4%

American Exceptionalism Acquisition stock opened at $11.15 on Thursday. American Exceptionalism Acquisition Corp. has a 12-month low of $10.49 and a 12-month high of $11.91. The business has a 50 day moving average price of $11.43.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of American Exceptionalism Acquisition in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

American Exceptionalism Acquisition Company Profile

We are led by Chamath Palihapitiya, the founder and Managing Partner of Social Capital. Like Social Capital, the company is formed to confront the world’s hardest problems. Although these problems have evolved over the past decade, our approach remains the same—with a dedication to first principles thinking, deep technological understanding and a willingness to be contrarian to consensus. — We intend to find companies that operate in sectors that we believe will be instrumental in maintaining U.S.