246,250 Shares in Cantor Equity Partners V Inc. $CEPV Bought by Periscope Capital Inc.

Periscope Capital Inc. bought a new position in shares of Cantor Equity Partners V Inc. (NASDAQ:CEPV) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 246,250 shares of the company’s stock, valued at approximately $2,524,000. Periscope Capital Inc. owned about 0.77% of Cantor Equity Partners V at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Gladius Capital Management LP acquired a new position in Cantor Equity Partners V during the fourth quarter worth $51,000. Syquant Capital Sas acquired a new position in Cantor Equity Partners V during the fourth quarter worth $103,000. Deltec Asset Management LLC acquired a new position in Cantor Equity Partners V during the fourth quarter worth $102,000. ABC Arbitrage SA acquired a new position in Cantor Equity Partners V during the fourth quarter worth $205,000. Finally, HighTower Advisors LLC acquired a new position in shares of Cantor Equity Partners V in the fourth quarter valued at $256,000.

Cantor Equity Partners V Price Performance

NASDAQ:CEPV opened at $10.30 on Friday. Cantor Equity Partners V Inc. has a one year low of $10.06 and a one year high of $10.36. The company has a market cap of $327.44 million and a P/E ratio of 147.14. The firm’s fifty day moving average price is $10.19 and its two-hundred day moving average price is $10.20.

Cantor Equity Partners V (NASDAQ:CEPV) last released its quarterly earnings data on Tuesday, March 31st. The company reported $0.14 EPS for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of Cantor Equity Partners V from a “sell (e)” rating to a “sell (e+)” rating in a report on Friday, May 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Cantor Equity Partners V Profile

Cantor Equity Partners V (NASDAQ: CEPV) is a special purpose acquisition company (SPAC) formed to raise capital through a public offering and complete a business combination with one or more operating companies. Like other SPACs, its primary purpose is to identify and acquire a privately held company, enabling that business to become publicly listed through a merger rather than a traditional initial public offering.

The company’s core activities include managing the proceeds from its IPO held in a trust account, conducting diligence on potential target companies, negotiating a definitive business combination agreement, and seeking shareholder approval for transactions.