Citadel Advisors LLC acquired a new position in shares of Inflection Point Acquisition Corp. VI (NASDAQ:IPFX – Free Report) in the second quarter, Holdings Channel reports. The institutional investor acquired 174,276 shares of the company’s stock, valued at approximately $1,802,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of IPFX. Moore Capital Management LP acquired a new position in Inflection Point Acquisition Corp. VI in the second quarter valued at about $517,000. Lineage Point Capital LP acquired a new stake in shares of Inflection Point Acquisition Corp. VI during the second quarter valued at about $2,471,000. Finally, Harraden Circle Investments LLC acquired a new stake in shares of Inflection Point Acquisition Corp. VI during the second quarter valued at about $19,326,000.
Wall Street Analyst Weigh In
Separately, Weiss Ratings started coverage on shares of Inflection Point Acquisition Corp. VI in a research note on Thursday, August 20th. They issued a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.
Inflection Point Acquisition Corp. VI Stock Down 0.0%
Shares of IPFX stock opened at $10.05 on Thursday. Inflection Point Acquisition Corp. VI has a fifty-two week low of $9.95 and a fifty-two week high of $11.02. The company has a 50 day simple moving average of $10.14.
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