M3-Brigade Acquisition V (NASDAQ:MBAV) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of M3-Brigade Acquisition V (NASDAQ:MBAV) to a sell rating in a research report sent to investors on Saturday morning.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of M3-Brigade Acquisition V in a research report on Monday, December 22nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, M3-Brigade Acquisition V currently has a consensus rating of “Sell”.

M3-Brigade Acquisition V Price Performance

NASDAQ:MBAV opened at $10.67 on Friday. M3-Brigade Acquisition V has a 12-month low of $10.19 and a 12-month high of $13.73. The stock’s 50 day simple moving average is $10.67 and its 200-day simple moving average is $10.63.

Insider Buying and Selling

In other M3-Brigade Acquisition V news, major shareholder Fitzgerald & Co. Cantor acquired 3,529,081 shares of the stock in a transaction on Wednesday, December 17th. The shares were bought at an average price of $10.80 per share, with a total value of $38,114,074.80. Following the acquisition, the insider owned 7,779,865 shares of the company’s stock, valued at $84,022,542. This trade represents a 83.02% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Hedge Funds Weigh In On M3-Brigade Acquisition V

Large investors have recently modified their holdings of the business. BCK Capital Management LP acquired a new stake in shares of M3-Brigade Acquisition V in the 3rd quarter valued at approximately $1,686,000. Wolverine Asset Management LLC grew its holdings in M3-Brigade Acquisition V by 258.3% during the third quarter. Wolverine Asset Management LLC now owns 350,157 shares of the company’s stock worth $3,694,000 after acquiring an additional 252,419 shares during the period. Alberta Investment Management Corp acquired a new position in M3-Brigade Acquisition V during the second quarter worth $27,943,000. Harraden Circle Investments LLC purchased a new position in M3-Brigade Acquisition V in the second quarter worth $28,818,000. Finally, Meteora Capital LLC raised its position in M3-Brigade Acquisition V by 259.8% in the second quarter. Meteora Capital LLC now owns 633,383 shares of the company’s stock worth $7,151,000 after acquiring an additional 457,332 shares in the last quarter.

M3-Brigade Acquisition V Company Profile

M3-Brigade Acquisition V is a special purpose acquisition company (SPAC) sponsored by M3 Inc, a global healthcare information and technology provider, and Brigade Capital Management, an investment management firm. The company is structured as a blank‐check vehicle listed on the Nasdaq Stock Market under the ticker MBAV, with the objective of identifying and completing a business combination in the healthcare, life sciences or related sectors.

The company benefits from the operational expertise of M3’s digital health platform and real‐world data capabilities, combined with Brigade’s deep experience in credit and asset management.