Churchill Capital Corp IX $CCIX Shares Sold by Clear Street Group Inc.

Clear Street Group Inc. trimmed its stake in shares of Churchill Capital Corp IX (NASDAQ:CCIX) by 42.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 144,067 shares of the company’s stock after selling 105,800 shares during the quarter. Clear Street Group Inc.’s holdings in Churchill Capital Corp IX were worth $1,531,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of CCIX. Geode Capital Management LLC acquired a new position in Churchill Capital Corp IX during the 2nd quarter worth $784,000. JPMorgan Chase & Co. acquired a new position in Churchill Capital Corp IX during the 2nd quarter worth $522,000. Shaolin Capital Management LLC acquired a new position in Churchill Capital Corp IX during the 2nd quarter worth $2,104,000. Sandia Investment Management LP acquired a new position in Churchill Capital Corp IX during the 2nd quarter worth $473,000. Finally, Massar Capital Management LP acquired a new position in Churchill Capital Corp IX during the 2nd quarter worth $1,841,000.

Analysts Set New Price Targets

Several research firms recently commented on CCIX. Weiss Ratings reissued a “sell (d+)” rating on shares of Churchill Capital Corp IX in a research note on Wednesday, May 6th. Wall Street Zen raised Churchill Capital Corp IX from a “sell” rating to a “hold” rating in a research note on Monday, March 16th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Churchill Capital Corp IX currently has a consensus rating of “Sell”.

Churchill Capital Corp IX Price Performance

Shares of NASDAQ CCIX opened at $10.81 on Monday. The company has a market capitalization of $396.32 million, a price-to-earnings ratio of 56.90 and a beta of -0.05. The business has a 50-day moving average of $10.77 and a two-hundred day moving average of $10.69. Churchill Capital Corp IX has a 1 year low of $10.45 and a 1 year high of $11.32.

Churchill Capital Corp IX (NASDAQ:CCIX) last announced its quarterly earnings results on Friday, May 15th. The company reported $0.04 earnings per share (EPS) for the quarter.

Churchill Capital Corp IX Profile

Coleman Cable, Inc (Coleman) is a designer, developer, manufacturer and supplier of electrical wire and cable products for consumer, commercial and industrial applications, with operations primarily in the United States and in Honduras and Canada. The Company’s wire and cable products enable it to offer its customers a single source for many of their wire and cable product requirements. It manufactures its products in 10 domestic manufacturing locations and supplement its domestic production with both international and domestic sourcing.