Infleqtion (NYSE:INFQ – Get Free Report) Director Maverick Capital Ltd sold 1,079 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $11.82, for a total transaction of $12,753.78. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Maverick Capital Ltd also recently made the following trade(s):
- On Thursday, August 13th, Maverick Capital Ltd sold 1,609 shares of Infleqtion stock. The stock was sold at an average price of $12.19, for a total transaction of $19,613.71.
- On Monday, August 10th, Maverick Capital Ltd sold 5,488 shares of Infleqtion stock. The stock was sold at an average price of $11.69, for a total transaction of $64,154.72.
- On Friday, August 7th, Maverick Capital Ltd sold 6,346 shares of Infleqtion stock. The shares were sold at an average price of $11.87, for a total transaction of $75,327.02.
- On Thursday, August 6th, Maverick Capital Ltd sold 8,057 shares of Infleqtion stock. The shares were sold at an average price of $11.09, for a total transaction of $89,352.13.
- On Wednesday, August 5th, Maverick Capital Ltd sold 1,324 shares of Infleqtion stock. The stock was sold at an average price of $10.88, for a total transaction of $14,405.12.
- On Tuesday, August 4th, Maverick Capital Ltd sold 28,168 shares of Infleqtion stock. The stock was sold at an average price of $11.44, for a total transaction of $322,241.92.
- On Friday, August 14th, Maverick Capital Ltd acquired 52,071 shares of Infleqtion stock. The shares were purchased at an average cost of $12.42 per share, for a total transaction of $646,721.82.
- On Friday, May 29th, Maverick Capital Ltd sold 1,797,637 shares of Infleqtion stock. The shares were sold at an average price of $16.10, for a total value of $28,941,955.70.
- On Friday, May 22nd, Maverick Capital Ltd sold 5,323,111 shares of Infleqtion stock. The stock was sold at an average price of $16.77, for a total value of $89,268,571.47.
- On Thursday, May 21st, Maverick Capital Ltd sold 6,584,519 shares of Infleqtion stock. The shares were sold at an average price of $14.69, for a total value of $96,726,584.11.
Infleqtion Price Performance
Infleqtion stock traded up $0.67 during mid-day trading on Friday, hitting $12.85. The stock had a trading volume of 11,583,313 shares, compared to its average volume of 9,595,257. The firm’s 50-day moving average is $11.87. The firm has a market cap of $2.80 billion and a PE ratio of -142.76. Infleqtion has a 12 month low of $8.52 and a 12 month high of $27.50.
Analyst Ratings Changes
Check Out Our Latest Stock Report on INFQ
Hedge Funds Weigh In On Infleqtion
Several institutional investors have recently modified their holdings of the stock. Bank of New York Mellon Corp increased its stake in shares of Infleqtion by 1,350.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,076,802 shares of the quantum tech company’s stock valued at $14,343,000 after acquiring an additional 1,002,576 shares during the last quarter. Davis Asset Management L.P. bought a new position in Infleqtion during the 2nd quarter worth approximately $27,783,000. Finally, S&G Foundation acquired a new position in Infleqtion during the second quarter valued at approximately $154,164,000.
About Infleqtion
We are a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.
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