Geode Capital Management LLC Acquires Shares of 12,529 Bowen Acquisition Corp (NASDAQ:BOWN)

Geode Capital Management LLC bought a new position in shares of Bowen Acquisition Corp (NASDAQ:BOWN) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 12,529 shares of the company’s stock, valued at approximately $137,000. Geode Capital Management LLC owned about 0.14% of Bowen Acquisition as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Virtu Financial LLC acquired a new stake in shares of Bowen Acquisition in the 4th quarter worth approximately $798,000. Picton Mahoney Asset Management acquired a new stake in shares of Bowen Acquisition in the fourth quarter worth about $1,368,000. Finally, Wolverine Asset Management LLC lifted its position in Bowen Acquisition by 66.8% during the 4th quarter. Wolverine Asset Management LLC now owns 468,382 shares of the company’s stock worth $5,115,000 after acquiring an additional 187,661 shares during the last quarter. Institutional investors own 59.34% of the company’s stock.

Bowen Acquisition Price Performance

Shares of Bowen Acquisition stock opened at $9.40 on Monday. The firm has a fifty day moving average price of $7.06 and a two-hundred day moving average price of $8.30. Bowen Acquisition Corp has a fifty-two week low of $2.71 and a fifty-two week high of $19.77.

Insider Buying and Selling at Bowen Acquisition

In other Bowen Acquisition news, major shareholder Harraden Circle Investments, L sold 6,400 shares of Bowen Acquisition stock in a transaction on Thursday, April 24th. The stock was sold at an average price of $12.78, for a total transaction of $81,792.00. Following the completion of the transaction, the insider now directly owns 507,898 shares of the company’s stock, valued at approximately $6,490,936.44. This trade represents a 1.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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