AQR Arbitrage LLC Acquires Shares of 425,000 Cantor Equity Partners III, Inc. $CAEP

AQR Arbitrage LLC purchased a new stake in Cantor Equity Partners III, Inc. (NASDAQ:CAEP) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 425,000 shares of the company’s stock, valued at approximately $4,484,000. AQR Arbitrage LLC owned approximately 1.39% of Cantor Equity Partners III as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Harraden Circle Investments LLC acquired a new position in shares of Cantor Equity Partners III in the second quarter worth $14,411,000. Meteora Capital LLC acquired a new position in shares of Cantor Equity Partners III in the second quarter valued at approximately $13,489,000. Jane Street Group LLC purchased a new position in shares of Cantor Equity Partners III during the second quarter valued at approximately $10,569,000. MMCAP International Inc. SPC acquired a new stake in Cantor Equity Partners III during the second quarter worth approximately $7,912,000. Finally, Alberta Investment Management Corp purchased a new stake in Cantor Equity Partners III in the 2nd quarter worth approximately $5,275,000.

Cantor Equity Partners III Trading Up 0.1%

Cantor Equity Partners III stock opened at $10.20 on Friday. Cantor Equity Partners III, Inc. has a one year low of $10.17 and a one year high of $11.09. The business’s 50 day moving average is $10.41.

Cantor Equity Partners III (NASDAQ:CAEP) last announced its earnings results on Friday, November 14th. The company reported $0.08 earnings per share (EPS) for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Cantor Equity Partners III in a research note on Monday. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Cantor Equity Partners III Company Profile

We are a blank check company incorporated on November 11, 2020 as a Cayman Islands exempted company for the purpose of effecting a merger, 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.