Governors Lane LP Sells 95,000 Shares of American Exceptionalism Acquisition Corp. $AEXA

Governors Lane LP reduced its position in shares of American Exceptionalism Acquisition Corp. (NYSE:AEXA) by 11.6% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 725,990 shares of the company’s stock after selling 95,000 shares during the quarter. Governors Lane LP’s holdings in American Exceptionalism Acquisition were worth $8,581,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Lineage Point Capital LP bought a new position in American Exceptionalism Acquisition during the 4th quarter worth $569,000. MYDA Advisors LLC acquired a new position in shares of American Exceptionalism Acquisition in the fourth quarter valued at about $2,738,000. Moore Capital Management LP grew its stake in shares of American Exceptionalism Acquisition by 9.1% in the fourth quarter. Moore Capital Management LP now owns 1,200,000 shares of the company’s stock valued at $13,668,000 after acquiring an additional 100,000 shares in the last quarter. Garde Capital Inc. bought a new position in American Exceptionalism Acquisition during the fourth quarter worth about $1,325,000. Finally, Two Sigma Investments LP bought a new position in American Exceptionalism Acquisition during the third quarter worth about $8,915,000.

American Exceptionalism Acquisition Stock Performance

NYSE:AEXA opened at $11.44 on Wednesday. The company has a market cap of $565.67 million and a price-to-earnings ratio of 95.31. American Exceptionalism Acquisition Corp. has a fifty-two week low of $10.49 and a fifty-two week high of $11.99. The stock has a fifty day moving average price of $11.59 and a 200-day moving average price of $11.37.

American Exceptionalism Acquisition (NYSE:AEXA) last issued its quarterly earnings results on Wednesday, August 12th. The company reported $0.06 EPS for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of American Exceptionalism Acquisition from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, August 20th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, American Exceptionalism Acquisition currently has an average rating of “Sell”.

About American Exceptionalism Acquisition

We are led by Chamath Palihapitiya, the founder and Managing Partner of Social Capital. Like Social Capital, the company is formed to confront the world’s hardest problems. Although these problems have evolved over the past decade, our approach remains the same—with a dedication to first principles thinking, deep technological understanding and a willingness to be contrarian to consensus. — We intend to find companies that operate in sectors that we believe will be instrumental in maintaining U.S.