Berkley W R Corp Trims Position in Black Hawk Acquisition Corporation $BKHA

Berkley W R Corp trimmed its position in Black Hawk Acquisition Corporation (NASDAQ:BKHA) by 33.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 308,584 shares of the company’s stock after selling 153,912 shares during the period. Berkley W R Corp owned about 7.44% of Black Hawk Acquisition worth $3,428,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Crossingbridge Advisors LLC purchased a new stake in shares of Black Hawk Acquisition during the 3rd quarter valued at about $588,000. Wolverine Asset Management LLC boosted its holdings in shares of Black Hawk Acquisition by 1.2% in the third quarter. Wolverine Asset Management LLC now owns 358,888 shares of the company’s stock worth $4,016,000 after buying an additional 4,339 shares during the last quarter. Finally, Clear Street LLC grew its position in Black Hawk Acquisition by 5.3% during the second quarter. Clear Street LLC now owns 51,600 shares of the company’s stock valued at $548,000 after buying an additional 2,600 shares during the period.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Black Hawk Acquisition in a report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Black Hawk Acquisition presently has an average rating of “Sell”.

Black Hawk Acquisition Stock Performance

Shares of BKHA opened at $11.55 on Friday. The business has a 50-day simple moving average of $11.64 and a two-hundred day simple moving average of $11.37. Black Hawk Acquisition Corporation has a 52 week low of $10.51 and a 52 week high of $11.95.

Black Hawk Acquisition (NASDAQ:BKHA) last posted its quarterly earnings data on Friday, March 6th. The company reported $0.02 earnings per share for the quarter.

Black Hawk Acquisition Profile

Black Hawk Acquisition Corp. is a special purpose acquisition company (SPAC) formed to effect a merger, stock purchase, asset acquisition, stock exchange or similar business combination with one or more businesses. Incorporated in Delaware, the company was created to raise capital through an initial public offering and to seek a target business that can benefit from its public listing and access to growth capital.

Since its listing on the NASDAQ under the ticker BKHA, Black Hawk Acquisition has focused on identifying businesses in sectors such as technology, industrials, consumer and financial services.