800,000 Shares in Willow Lane Acquisition Corp. – Class A Ordinary Shares $WLAC Bought by Hiddenite Capital Partners LP

Hiddenite Capital Partners LP bought a new stake in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 800,000 shares of the company’s stock, valued at approximately $9,264,000. Willow Lane Acquisition Corp. – Class A Ordinary Shares comprises about 1.7% of Hiddenite Capital Partners LP’s investment portfolio, making the stock its 16th largest holding.

Other large investors also recently modified their holdings of the company. Magnetar Financial LLC bought a new stake in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares during the 2nd quarter valued at about $12,900,000. Wealthspring Capital LLC boosted its stake in Willow Lane Acquisition Corp. – Class A Ordinary Shares by 325.3% in the second quarter. Wealthspring Capital LLC now owns 545,062 shares of the company’s stock valued at $5,576,000 after acquiring an additional 416,894 shares during the period. Wolverine Asset Management LLC boosted its stake in Willow Lane Acquisition Corp. – Class A Ordinary Shares by 18.8% in the second quarter. Wolverine Asset Management LLC now owns 530,874 shares of the company’s stock valued at $5,431,000 after acquiring an additional 84,194 shares during the period. Whitebox Advisors LLC bought a new position in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares during the second quarter valued at approximately $4,092,000. Finally, TENOR CAPITAL MANAGEMENT Co. L.P. raised its position in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares by 53.8% during the 2nd quarter. TENOR CAPITAL MANAGEMENT Co. L.P. now owns 285,956 shares of the company’s stock worth $2,925,000 after purchasing an additional 100,040 shares during the period.

Analyst Upgrades and Downgrades

WLAC has been the topic of several recent research reports. DA Davidson raised their price target on Willow Lane Acquisition Corp. – Class A Ordinary Shares from $15.00 to $17.00 and gave the stock a “buy” rating in a report on Wednesday, December 17th. Canaccord Genuity Group boosted their target price on shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares from $15.00 to $17.00 and gave the company a “buy” rating in a research note on Wednesday, December 17th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $17.00.

Willow Lane Acquisition Corp. – Class A Ordinary Shares Stock Up 0.6%

WLAC stock opened at $12.60 on Monday. The company has a 50-day simple moving average of $12.13 and a 200 day simple moving average of $11.54. Willow Lane Acquisition Corp. – Class A Ordinary Shares has a fifty-two week low of $9.90 and a fifty-two week high of $15.19.

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

Willow Lane Acquisition Corp. – Class A Ordinary Shares Profile

Willow Lane Acquisition Corp. is a special purpose acquisition company incorporated in Delaware and listed on the Nasdaq under the ticker WLAC. As a blank check vehicle, the company does not conduct operations of its own but instead seeks to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more operating businesses.

The company was sponsored by Willow Lane Capital Partners, an investment firm with a focus on private equity and corporate development.