Commonwealth of Pennsylvania Public School Empls Retrmt SYS cut its holdings in Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXIN – Free Report) by 12.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 350,000 shares of the company’s stock after selling 50,000 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Axiom Intelligence Acquisition Corp 1 were worth $3,546,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. ABC Arbitrage SA purchased a new position in Axiom Intelligence Acquisition Corp 1 in the fourth quarter valued at about $352,000. Heights Capital Management Inc. purchased a new stake in shares of Axiom Intelligence Acquisition Corp 1 during the 4th quarter worth approximately $504,000. Tudor Investment Corp ET AL acquired a new stake in shares of Axiom Intelligence Acquisition Corp 1 in the 4th quarter worth approximately $1,018,000. Readystate Asset Management LP purchased a new position in Axiom Intelligence Acquisition Corp 1 in the 4th quarter valued at approximately $1,762,000. Finally, Fort Baker Capital Management LP purchased a new position in Axiom Intelligence Acquisition Corp 1 in the 4th quarter valued at approximately $3,018,000.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings upgraded Axiom Intelligence Acquisition Corp 1 from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday, May 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.
Axiom Intelligence Acquisition Corp 1 Stock Down 0.1%
NASDAQ AXIN opened at $10.32 on Thursday. Axiom Intelligence Acquisition Corp 1 has a fifty-two week low of $9.93 and a fifty-two week high of $10.45. The business has a fifty day moving average of $10.32.
Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXIN – Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported $0.06 EPS for the quarter.
About Axiom Intelligence Acquisition Corp 1
Axiom Intelligence Acquisition Corp 1 (NASDAQ: AXIN) is a special purpose acquisition company (SPAC) listed on the NASDAQ. As a blank‑check company, its primary purpose is to raise capital through a public offering and to identify, negotiate and complete a business combination or similar transaction with one or more operating businesses. The company itself does not conduct traditional operating activities prior to a completed business combination.
Typical activities for a SPAC like Axiom Intelligence Acquisition Corp 1 include sourcing potential acquisition targets, performing due diligence, structuring a merger or acquisition, and providing a vehicle through which private companies can access public markets.
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