52,886 Shares in Black Hawk Acquisition Corporation $BKHA Bought by Crossingbridge Advisors LLC

Crossingbridge Advisors LLC acquired a new position in shares of Black Hawk Acquisition Corporation (NASDAQ:BKHA) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 52,886 shares of the company’s stock, valued at approximately $588,000. Crossingbridge Advisors LLC owned about 1.27% of Black Hawk Acquisition as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Clear Street LLC boosted its stake in shares of Black Hawk Acquisition by 5.3% during the second quarter. Clear Street LLC now owns 51,600 shares of the company’s stock worth $548,000 after buying an additional 2,600 shares during the period. Wolverine Asset Management LLC grew its holdings in shares of Black Hawk Acquisition by 1.2% during the third quarter. Wolverine Asset Management LLC now owns 358,888 shares of the company’s stock worth $4,016,000 after buying an additional 4,339 shares during the last quarter. Finally, Berkley W R Corp increased its position in Black Hawk Acquisition by 5.6% in the 2nd quarter. Berkley W R Corp now owns 462,496 shares of the company’s stock valued at $4,917,000 after acquiring an additional 24,441 shares during the period.

Black Hawk Acquisition Price Performance

Shares of BKHA opened at $11.52 on Monday. The company’s fifty day moving average is $11.61 and its two-hundred day moving average is $11.35. Black Hawk Acquisition Corporation has a 1 year low of $10.48 and a 1 year high of $11.95.

Black Hawk Acquisition (NASDAQ:BKHA) last posted its quarterly earnings results on Friday, March 6th. The company reported $0.02 earnings per share (EPS) for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Black Hawk Acquisition in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Black Hawk Acquisition presently has an average rating of “Sell”.

Black Hawk Acquisition Profile

Black Hawk Acquisition Corp. is a special purpose acquisition company (SPAC) formed to effect a merger, stock purchase, asset acquisition, stock exchange or similar business combination with one or more businesses. Incorporated in Delaware, the company was created to raise capital through an initial public offering and to seek a target business that can benefit from its public listing and access to growth capital.

Since its listing on the NASDAQ under the ticker BKHA, Black Hawk Acquisition has focused on identifying businesses in sectors such as technology, industrials, consumer and financial services.