Walleye Capital LLC Takes Position in Legato Merger Corp. II (NASDAQ:LGTO)

Walleye Capital LLC purchased a new stake in shares of Legato Merger Corp. II (NASDAQ:LGTOGet Rating) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 47,472 shares of the company’s stock, valued at approximately $471,000.

Other hedge funds also recently modified their holdings of the company. Radcliffe Capital Management L.P. boosted its stake in shares of Legato Merger Corp. II by 0.7% during the 1st quarter. Radcliffe Capital Management L.P. now owns 302,126 shares of the company’s stock worth $2,997,000 after acquiring an additional 2,126 shares in the last quarter. State Street Corp bought a new stake in shares of Legato Merger Corp. II during the 1st quarter worth $104,000. Citigroup Inc. bought a new stake in shares of Legato Merger Corp. II during the 1st quarter worth $188,000. Walleye Trading LLC acquired a new stake in shares of Legato Merger Corp. II in the first quarter worth $357,000. Finally, Blackstone Inc. purchased a new position in shares of Legato Merger Corp. II during the first quarter valued at $553,000.

Legato Merger Corp. II Price Performance

Shares of Legato Merger Corp. II stock opened at $9.94 on Friday. Legato Merger Corp. II has a 1 year low of $9.73 and a 1 year high of $10.15. The business has a 50-day simple moving average of $9.96.

About Legato Merger Corp. II

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Legato Merger Corp. II does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. It intends to focus on businesses in the infrastructure, engineering and construction, industrial, and renewables industries.

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Institutional Ownership by Quarter for Legato Merger Corp. II (NASDAQ:LGTO)

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