Clear Street Group Inc. Increases Position in Cantor Equity Partners III, Inc. $CAEP

Clear Street Group Inc. lifted its position in Cantor Equity Partners III, Inc. (NASDAQ:CAEP) by 132.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 81,909 shares of the company’s stock after purchasing an additional 46,709 shares during the period. Clear Street Group Inc.’s holdings in Cantor Equity Partners III were worth $835,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Berkley W R Corp increased its stake in shares of Cantor Equity Partners III by 747.5% in the fourth quarter. Berkley W R Corp now owns 1,053,238 shares of the company’s stock worth $10,743,000 after purchasing an additional 928,963 shares in the last quarter. Hudson Bay Capital Management LP increased its stake in shares of Cantor Equity Partners III by 1,617.0% in the fourth quarter. Hudson Bay Capital Management LP now owns 858,518 shares of the company’s stock worth $8,757,000 after purchasing an additional 808,518 shares in the last quarter. Quarry LP increased its stake in shares of Cantor Equity Partners III by 1,249.8% in the fourth quarter. Quarry LP now owns 826,739 shares of the company’s stock worth $8,433,000 after purchasing an additional 765,489 shares in the last quarter. Glazer Capital LLC increased its stake in shares of Cantor Equity Partners III by 113.2% in the fourth quarter. Glazer Capital LLC now owns 279,085 shares of the company’s stock worth $2,847,000 after purchasing an additional 148,171 shares in the last quarter. Finally, First Trust Capital Management L.P. increased its stake in shares of Cantor Equity Partners III by 1,113.6% in the fourth quarter. First Trust Capital Management L.P. now owns 1,213,649 shares of the company’s stock worth $12,379,000 after purchasing an additional 1,113,649 shares in the last quarter.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Cantor Equity Partners III from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

Cantor Equity Partners III Stock Down 1.5%

CAEP opened at $14.77 on Tuesday. The company has a fifty day moving average of $12.47 and a 200 day moving average of $11.02. Cantor Equity Partners III, Inc. has a fifty-two week low of $10.13 and a fifty-two week high of $15.30.

Cantor Equity Partners III (NASDAQ:CAEP) last posted its earnings results on Monday, March 16th. The company reported $0.01 earnings per share for the quarter.

Cantor Equity Partners III Profile

Cantor Equity Partners III (NASDAQ: CAEP) is a special purpose acquisition company sponsored by Cantor Fitzgerald, a leading global financial services firm headquartered in New York City. Formed through an initial public offering in 2021, the company’s sole purpose is to identify, negotiate and complete a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Cantor Equity Partners III provides its management team with the capital base to pursue attractive acquisition targets in both public and private markets.

The company focuses on sectors where its sponsors and management team have deep expertise, including financial services, technology, healthcare and other growth industries.