AQR Arbitrage LLC Has $9 Million Stake in Cantor Equity Partners, Inc. $CEPO

AQR Arbitrage LLC trimmed its position in Cantor Equity Partners, Inc. (NASDAQ:CEPO) by 37.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 755,913 shares of the company’s stock after selling 444,087 shares during the quarter. AQR Arbitrage LLC owned approximately 2.96% of Cantor Equity Partners worth $8,995,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Quarry LP bought a new position in Cantor Equity Partners during the 1st quarter worth $78,000. PenderFund Capital Management Ltd. acquired a new position in Cantor Equity Partners during the first quarter worth about $102,000. Qube Research & Technologies Ltd bought a new position in Cantor Equity Partners in the 2nd quarter valued at approximately $155,000. Penserra Capital Management LLC bought a new stake in Cantor Equity Partners during the 2nd quarter worth $219,000. Finally, Pekin Hardy Strauss Inc. acquired a new position in shares of Cantor Equity Partners in the second quarter valued at approximately $232,000.

Insider Transactions at Cantor Equity Partners

In other Cantor Equity Partners news, major shareholder Harraden Circle Investments, L sold 250,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $10.43, for a total value of $2,607,500.00. Following the completion of the sale, the insider owned 2,048,679 shares of the company’s stock, valued at approximately $21,367,721.97. This trade represents a 10.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Cantor Equity Partners Price Performance

NASDAQ CEPO opened at $10.55 on Friday. The stock has a market capitalization of $269.03 million and a P/E ratio of 62.06. The business has a 50 day simple moving average of $10.46 and a 200 day simple moving average of $11.04. Cantor Equity Partners, Inc. has a one year low of $10.04 and a one year high of $16.50.

Cantor Equity Partners (NASDAQ:CEPO) last issued its quarterly earnings results on Friday, November 14th. The company reported $0.05 earnings per share (EPS) for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Cantor Equity Partners in a report on Tuesday, October 14th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

About Cantor Equity Partners

Cantor Equity Partners I, Inc is a blank check company. It was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on November 11, 2020 and is headquartered in New York, NY.