Walleye Capital LLC bought a new stake in shares of Mercato Partners Acquisition Co. (NASDAQ:MPRA – Get Rating) in the first quarter, HoldingsChannel reports. The institutional investor bought 88,168 shares of the company’s stock, valued at approximately $876,000.
Several other institutional investors have also added to or reduced their stakes in the business. Saba Capital Management L.P. increased its stake in shares of Mercato Partners Acquisition by 24.1% in the 1st quarter. Saba Capital Management L.P. now owns 1,365,101 shares of the company’s stock worth $13,549,000 after purchasing an additional 265,101 shares in the last quarter. Aristeia Capital LLC purchased a new stake in Mercato Partners Acquisition in the first quarter worth about $10,058,000. Sculptor Capital LP raised its stake in shares of Mercato Partners Acquisition by 100.0% in the first quarter. Sculptor Capital LP now owns 887,158 shares of the company’s stock worth $8,819,000 after buying an additional 443,574 shares during the period. Apollo Management Holdings L.P. purchased a new position in shares of Mercato Partners Acquisition during the 1st quarter valued at about $7,961,000. Finally, Farallon Capital Management LLC bought a new position in shares of Mercato Partners Acquisition during the 1st quarter valued at approximately $7,444,000.
Mercato Partners Acquisition Price Performance
Mercato Partners Acquisition stock opened at $10.01 on Tuesday. Mercato Partners Acquisition Co. has a 12-month low of $9.60 and a 12-month high of $10.50. The firm has a 50 day moving average of $10.02 and a 200 day moving average of $9.98.
Mercato Partners Acquisition Profile
Mercato Partners Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It focuses on identifying, acquiring, and operating a business in technology or branded consumer products sector.
- Get a free copy of the StockNews.com research report on Mercato Partners Acquisition (MPRA)
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