BCK Capital Management LP Buys 60,812 Shares of Cantor Equity Partners III, Inc. $CAEP

BCK Capital Management LP lifted its stake in shares of Cantor Equity Partners III, Inc. (NASDAQ:CAEP) by 143.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 103,312 shares of the company’s stock after acquiring an additional 60,812 shares during the quarter. BCK Capital Management LP owned approximately 0.29% of Cantor Equity Partners III worth $1,066,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in CAEP. FNY Investment Advisers LLC bought a new position in Cantor Equity Partners III during the 2nd quarter worth approximately $87,000. Timelo Investment Management Inc. acquired a new stake in shares of Cantor Equity Partners III during the second quarter worth $106,000. Waratah Capital Advisors Ltd. bought a new position in Cantor Equity Partners III during the second quarter worth $106,000. Fort Baker Capital Management LP bought a new position in Cantor Equity Partners III during the second quarter worth $106,000. Finally, Gabelli Funds LLC acquired a new position in Cantor Equity Partners III in the second quarter valued at $118,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Cantor Equity Partners III in a report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Cantor Equity Partners III currently has an average rating of “Sell”.

Cantor Equity Partners III Price Performance

Shares of Cantor Equity Partners III stock opened at $10.23 on Friday. Cantor Equity Partners III, Inc. has a 52 week low of $10.17 and a 52 week high of $11.09. The business has a 50 day moving average price of $10.22 and a 200-day moving average price of $10.33.

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

Cantor Equity Partners III Profile

Cantor Equity Partners III (NASDAQ: CAEP) is a special purpose acquisition company sponsored by Cantor Fitzgerald, a leading global financial services firm headquartered in New York City. Formed through an initial public offering in 2021, the company’s sole purpose is to identify, negotiate and complete a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Cantor Equity Partners III provides its management team with the capital base to pursue attractive acquisition targets in both public and private markets.

The company focuses on sectors where its sponsors and management team have deep expertise, including financial services, technology, healthcare and other growth industries.