Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) Stock Price Up 1.5% – Here’s Why

Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) were up 1.5% during trading on Friday . The company traded as high as $11.82 and last traded at $11.61. Approximately 266,348 shares were traded during mid-day trading, an increase of 23% from the average daily volume of 216,344 shares. The stock had previously closed at $11.44.

Analysts Set New Price Targets

WLAC has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in a report on Wednesday, October 8th. DA Davidson initiated coverage on shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in a research report on Tuesday, October 7th. They set a “buy” rating and a $15.00 price target on the stock. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Willow Lane Acquisition Corp. – Class A Ordinary Shares currently has a consensus rating of “Hold” and a consensus price target of $15.00.

Willow Lane Acquisition Corp. – Class A Ordinary Shares Price Performance

The business has a 50 day simple moving average of $12.32 and a 200-day simple moving average of $11.12.

Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) last issued its quarterly earnings results on Wednesday, November 12th. The company reported $0.05 earnings per share for the quarter.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of WLAC. Virtu Financial LLC purchased a new stake in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares during the 1st quarter worth approximately $273,000. DLD Asset Management LP purchased a new stake in Willow Lane Acquisition Corp. – Class A Ordinary Shares in the first quarter worth $1,002,000. Westchester Capital Management LLC bought a new stake in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in the first quarter valued at $4,160,000. Linden Advisors LP purchased a new position in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares during the 1st quarter valued at $4,267,000. Finally, Ghisallo Capital Management LLC bought a new position in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares during the 1st quarter worth $5,020,000.

Willow Lane Acquisition Corp. – Class A Ordinary Shares Company Profile

Willow Lane Acquisition Corp. is a blank check company, which engages for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded on July 3, 2024 and is headquartered in New York, NY.