Lineage Point Capital LP Makes New $2.13 Million Investment in Inflection Point Acquisition Corp. III $IPCX

Lineage Point Capital LP purchased a new stake in shares of Inflection Point Acquisition Corp. III (NASDAQ:IPCX) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 209,835 shares of the company’s stock, valued at approximately $2,128,000. Lineage Point Capital LP owned 0.61% of Inflection Point Acquisition Corp. III as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the business. JPMorgan Chase & Co. acquired a new stake in shares of Inflection Point Acquisition Corp. III in the third quarter valued at about $16,747,000. MMCAP International Inc. SPC acquired a new stake in Inflection Point Acquisition Corp. III in the 3rd quarter valued at about $14,098,000. Hudson Bay Capital Management LP increased its holdings in shares of Inflection Point Acquisition Corp. III by 287.5% in the third quarter. Hudson Bay Capital Management LP now owns 1,833,042 shares of the company’s stock valued at $18,495,000 after purchasing an additional 1,360,042 shares during the last quarter. AQR Arbitrage LLC acquired a new stake in shares of Inflection Point Acquisition Corp. III in the 3rd quarter worth $10,585,000. Finally, Berkley W R Corp increased its position in Inflection Point Acquisition Corp. III by 198.4% during the fourth quarter. Berkley W R Corp now owns 1,184,193 shares of the company’s stock worth $12,008,000 after purchasing an additional 787,313 shares during the last quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Inflection Point Acquisition Corp. III in a research report on Friday, May 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Inflection Point Acquisition Corp. III Stock Down 0.0%

Shares of IPCX opened at $10.34 on Friday. Inflection Point Acquisition Corp. III has a fifty-two week low of $10.05 and a fifty-two week high of $10.35. The firm’s 50 day moving average price is $10.30 and its 200 day moving average price is $10.21.

Inflection Point Acquisition Corp. III (NASDAQ:IPCX) last released its earnings results on Thursday, May 14th. The company reported $0.07 EPS for the quarter.

About Inflection Point Acquisition Corp. III

Inflection Point Acquisition Corp. III (NASDAQ: IPCX) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, that is organized to raise capital through a public offering for the purpose of effecting a merger, acquisition, capital stock exchange, asset purchase, reorganization or similar business combination. As a SPAC, it does not operate a conventional operating business; instead, its principal objective is to identify and combine with one or more operating businesses that will become publicly listed through the transaction.

Like many SPACs, Inflection Point Acquisition Corp.