Sculptor Capital LP lifted its position in Cantor Equity Partners III, Inc. (NASDAQ:CAEP – Free Report) by 650.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 750,000 shares of the company’s stock after purchasing an additional 650,000 shares during the period. Sculptor Capital LP’s holdings in Cantor Equity Partners III were worth $7,650,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also modified their holdings of the company. First Trust Capital Management L.P. increased its position in Cantor Equity Partners III by 1,113.6% during 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 acquiring an additional 1,113,649 shares during the period. Jane Street Group LLC bought a new position in Cantor Equity Partners III during the second quarter worth about $10,569,000. Crossingbridge Advisors LLC bought a new stake in shares of Cantor Equity Partners III in the 4th quarter worth about $9,634,000. Berkley W R Corp grew its holdings in shares of Cantor Equity Partners III by 747.5% in the 4th 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 during the last quarter. Finally, Hudson Bay Capital Management LP grew its holdings in shares of Cantor Equity Partners III by 1,617.0% in the 4th 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 during the last quarter.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised shares of Cantor Equity Partners III from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.
Cantor Equity Partners III Stock Performance
Cantor Equity Partners III stock opened at $14.77 on Tuesday. The company’s 50-day moving average is $12.47 and its two-hundred day moving average is $11.02. Cantor Equity Partners III, Inc. has a 1 year low of $10.13 and a 1 year high of $15.30.
Cantor Equity Partners III (NASDAQ:CAEP – Get Free Report) last announced its quarterly earnings results on Monday, March 16th. The company reported $0.01 earnings per share for the quarter.
About Cantor Equity Partners III
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.
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