Haymaker Acquisition Corp. 4 (NYSE:HYAC) Upgraded at Zacks Research

Zacks Research upgraded shares of Haymaker Acquisition Corp. 4 (NYSE:HYAC) to a hold rating in a research report sent to investors on Thursday morning,Zacks.com reports.

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Haymaker Acquisition Corp. 4 in a report on Monday, December 29th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce”.

Haymaker Acquisition Corp. 4 Stock Performance

Shares of HYAC opened at $11.48 on Thursday. The company’s fifty day moving average is $11.42 and its 200 day moving average is $11.34. Haymaker Acquisition Corp. 4 has a fifty-two week low of $10.88 and a fifty-two week high of $11.50.

Institutional Trading of Haymaker Acquisition Corp. 4

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wolverine Asset Management LLC raised its position in shares of Haymaker Acquisition Corp. 4 by 43.9% in the third quarter. Wolverine Asset Management LLC now owns 1,442,432 shares of the company’s stock worth $16,357,000 after acquiring an additional 440,383 shares during the period. JPMorgan Chase & Co. acquired a new stake in shares of Haymaker Acquisition Corp. 4 during the 2nd quarter valued at about $1,110,000. Radcliffe Capital Management L.P. increased its stake in shares of Haymaker Acquisition Corp. 4 by 665.5% in the 3rd quarter. Radcliffe Capital Management L.P. now owns 76,631 shares of the company’s stock valued at $869,000 after purchasing an additional 66,620 shares in the last quarter. Finally, Berkley W R Corp increased its stake in shares of Haymaker Acquisition Corp. 4 by 826.0% in the 3rd quarter. Berkley W R Corp now owns 1,680,012 shares of the company’s stock valued at $19,051,000 after purchasing an additional 1,498,590 shares in the last quarter. Institutional investors and hedge funds own 71.07% of the company’s stock.

Haymaker Acquisition Corp. 4 Company Profile

Haymaker Acquisition Corp. 4, launched in 2021, is a special purpose acquisition company incorporated in Delaware. The company’s sole purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It is listed on the New York Stock Exchange under the ticker symbol HYAC.

The sponsor of the company is Haymaker Capital Investments, a US-based investment management firm that focuses on equity investments across a range of industries.