Cantor Equity Partners II (NASDAQ:CEPT) Coverage Initiated by Analysts at Benchmark

Benchmark started coverage on shares of Cantor Equity Partners II (NASDAQ:CEPT) in a research report released on Tuesday, MarketBeat Ratings reports. The firm issued a buy rating and a $16.00 target price on the stock.

Separately, Weiss Ratings restated a “sell (e)” rating on shares of Cantor Equity Partners II in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $16.00.

Cantor Equity Partners II Price Performance

Shares of NASDAQ CEPT opened at $10.89 on Tuesday. The company has a 50 day simple moving average of $11.41 and a 200-day simple moving average of $11.30. The company has a market capitalization of $333.02 million and a P/E ratio of -57.32. Cantor Equity Partners II has a 1 year low of $10.32 and a 1 year high of $13.74.

Cantor Equity Partners II (NASDAQ:CEPT) last released its quarterly earnings data on Friday, March 6th. The company reported ($0.19) EPS for the quarter. The company had revenue of $2.39 million during the quarter.

Institutional Investors Weigh In On Cantor Equity Partners II

Institutional investors and hedge funds have recently made changes to their positions in the stock. Harraden Circle Investments LLC purchased a new position in shares of Cantor Equity Partners II during the 2nd quarter worth approximately $24,314,000. Highbridge Capital Management LLC purchased a new stake in Cantor Equity Partners II in the fourth quarter valued at approximately $14,885,000. Meteora Capital LLC purchased a new stake in Cantor Equity Partners II in the second quarter valued at approximately $12,277,000. Jane Street Group LLC acquired a new position in Cantor Equity Partners II during the second quarter worth $7,682,000. Finally, Alyeska Investment Group L.P. lifted its stake in Cantor Equity Partners II by 57.4% during the fourth quarter. Alyeska Investment Group L.P. now owns 1,763,546 shares of the company’s stock worth $19,858,000 after purchasing an additional 642,845 shares in the last quarter.

Cantor Equity Partners II Company Profile

Cantor Equity Partners II (NASDAQ: CEPT) is a closed-end management investment company that focuses on providing customized capital solutions to private, middle-market companies in the United States. Listed on the Nasdaq, CEPT seeks to deliver attractive risk-adjusted returns by investing across a spectrum of debt and equity instruments. Its portfolio may include senior secured loans, subordinated and mezzanine debt, preferred equity, and common equity, allowing it to tailor financing structures to meet the specific growth, acquisition or recapitalization needs of its portfolio companies.

As a business development company registered under the Investment Company Act of 1940, CEPT targets U.S.