Deutsche Bank AG Has $1.95 Million Stake in Inflection Point Acquisition Corp. II (NASDAQ:IPXX)

Deutsche Bank AG trimmed its position in Inflection Point Acquisition Corp. II (NASDAQ:IPXX) by 32.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 170,000 shares of the company’s stock after selling 80,000 shares during the period. Deutsche Bank AG owned about 0.54% of Inflection Point Acquisition Corp. II worth $1,952,000 as of its most recent filing with the SEC.

Separately, Harraden Circle Investments LLC acquired a new position in shares of Inflection Point Acquisition Corp. II in the 4th quarter valued at $8,036,000.

Wall Street Analyst Weigh In

Separately, Benchmark raised Inflection Point Acquisition Corp. II to a “strong-buy” rating in a research report on Thursday, February 27th.

Inflection Point Acquisition Corp. II Trading Down 1.1%

IPXX stock opened at $9.11 on Friday. Inflection Point Acquisition Corp. II has a fifty-two week low of $9.24 and a fifty-two week high of $15.25. The business’s fifty day moving average price is $10.01 and its two-hundred day moving average price is $11.16.

Inflection Point Acquisition Corp. II Company Profile

Inflection Point Acquisition Corp. II does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2023 and is based in New York, New York.