Context Capital Management LLC Purchases 100,000 Shares of Gores Holdings X, Inc. / CI $GTEN

Context Capital Management LLC acquired a new stake in shares of Gores Holdings X, Inc. / CI (NASDAQ:GTEN) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 100,000 shares of the company’s stock, valued at approximately $1,047,000. Context Capital Management LLC owned about 0.22% of Gores Holdings X, Inc. / CI at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in GTEN. Calamos Advisors LLC bought a new stake in shares of Gores Holdings X, Inc. / CI in the 3rd quarter worth about $7,315,000. Lineage Point Capital LP raised its stake in shares of Gores Holdings X, Inc. / CI by 5.9% in the 2nd quarter. Lineage Point Capital LP now owns 270,329 shares of the company’s stock valued at $2,820,000 after purchasing an additional 15,000 shares in the last quarter. DLD Asset Management LP lifted its position in shares of Gores Holdings X, Inc. / CI by 6.5% during the first quarter. DLD Asset Management LP now owns 165,559 shares of the company’s stock worth $1,695,000 after purchasing an additional 10,058 shares during the last quarter. Sona Asset Management US LLC bought a new position in shares of Gores Holdings X, Inc. / CI during the first quarter worth about $1,631,000. Finally, SkyView Investment Advisors LLC bought a new position in shares of Gores Holdings X, Inc. / CI during the second quarter worth about $1,565,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Gores Holdings X, Inc. / CI in a research note on Monday, October 26th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Gores Holdings X, Inc. / CI Trading Down 0.1%

Shares of NASDAQ GTEN opened at $10.43 on Wednesday. Gores Holdings X, Inc. / CI has a twelve month low of $10.21 and a twelve month high of $10.99. The business has a 50 day simple moving average of $10.47 and a 200-day simple moving average of $10.41.

Gores Holdings X, Inc. / CI (NASDAQ:GTEN) last posted its quarterly earnings results on Monday, November 9th. The company reported ($0.01) earnings per share (EPS) for the quarter.

Gores Holdings X, Inc. / CI Profile

Gores Holdings X, Inc. is a special purpose acquisition company (SPAC) formed to identify and combine with one or more operating businesses. Unlike a traditional operating company, it does not provide products or services directly to customers and was established primarily to pursue a business combination, such as a merger, acquisition or similar transaction. The company’s activities have generally centered on evaluating potential target businesses, completing due diligence and negotiating a transaction intended to create a publicly traded operating company.