Lineage Point Capital LP Buys Shares of 50,042 SilverBox Corp IV $SBXD

Lineage Point Capital LP purchased a new position in shares of SilverBox Corp IV (NYSE:SBXD) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 50,042 shares of the company’s stock, valued at approximately $529,000.

Several other hedge funds have also made changes to their positions in the business. Rangeley Capital LLC purchased a new position in shares of SilverBox Corp IV in the second quarter valued at approximately $110,000. Schonfeld Strategic Advisors LLC acquired a new stake in SilverBox Corp IV during the 4th quarter worth approximately $205,000. Citadel Advisors LLC acquired a new stake in SilverBox Corp IV during the 3rd quarter worth approximately $489,000. JPMorgan Chase & Co. purchased a new position in SilverBox Corp IV in the 2nd quarter valued at approximately $603,000. Finally, Massar Capital Management LP purchased a new position in SilverBox Corp IV in the 2nd quarter valued at approximately $767,000.

SilverBox Corp IV Stock Performance

Shares of SBXD opened at $10.82 on Friday. The stock has a 50-day simple moving average of $10.77 and a 200-day simple moving average of $10.68. The stock has a market capitalization of $275.50 million, a PE ratio of 54.12 and a beta of 0.06. SilverBox Corp IV has a 1 year low of $10.35 and a 1 year high of $11.64.

SilverBox Corp IV (NYSE:SBXD) last released its earnings results on Friday, May 15th. The company reported $0.05 earnings per share for the quarter. The firm had revenue of $1.87 million for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of SilverBox Corp IV in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, SilverBox Corp IV presently has an average rating of “Sell”.

About SilverBox Corp IV

SilverBox Corp IV is a special purpose acquisition company (SPAC) formed to raise capital through an initial public offering and to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a blank-check vehicle, the company does not engage in any commercial operations until it completes its business combination.

The company was organized under the laws of the State of Delaware and is sponsored by SilverBox Capital Partners, a private investment firm that focuses on partnering with founder-led companies across technology, healthcare, consumer and business services sectors.