210,000 Shares in Churchill Capital Corp X $CCCX Purchased by DLD Asset Management LP

DLD Asset Management LP purchased a new stake in Churchill Capital Corp X (NASDAQ:CCCX) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 210,000 shares of the company’s stock, valued at approximately $2,701,000. DLD Asset Management LP owned about 0.40% of Churchill Capital Corp X as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Group One Trading LLC acquired a new stake in shares of Churchill Capital Corp X during the third quarter worth approximately $52,000. ATW Spac Management LLC bought a new position in Churchill Capital Corp X during the 3rd quarter valued at $129,000. MGO One Seven LLC bought a new position in Churchill Capital Corp X during the 3rd quarter valued at $129,000. Pekin Hardy Strauss Inc. acquired a new position in Churchill Capital Corp X during the 3rd quarter worth $356,000. Finally, Cookson Peirce & Co. Inc. acquired a new position in Churchill Capital Corp X during the 3rd quarter worth $386,000.

Churchill Capital Corp X Price Performance

Shares of NASDAQ CCCX opened at $13.66 on Monday. Churchill Capital Corp X has a twelve month low of $10.03 and a twelve month high of $27.50. The firm has a 50 day moving average price of $15.14.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Churchill Capital Corp X in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

About Churchill Capital Corp X

Churchill Capital Corp X (NASDAQ: CCCX) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, formed to raise capital through an initial public offering for the purpose of effecting one or more business combinations. As a SPAC, it initially holds the proceeds from its public offering in a trust account while management and the sponsor identify and negotiate a potential merger, acquisition, or other qualifying business combination that would result in the acquired company becoming publicly listed.

The company’s primary activities are sourcing, evaluating and completing a business combination with a target company.