FNY Investment Advisers LLC boosted its holdings in Cantor Equity Partners II Inc. (NASDAQ:CEPT – Free Report) by 518.7% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 193,852 shares of the company’s stock after acquiring an additional 162,520 shares during the quarter. FNY Investment Advisers LLC owned 0.63% of Cantor Equity Partners II worth $2,182,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently modified their holdings of CEPT. Harraden Circle Investments LLC grew its holdings in shares of Cantor Equity Partners II by 10.7% during the third quarter. Harraden Circle Investments LLC now owns 2,440,394 shares of the company’s stock worth $25,649,000 after purchasing an additional 236,050 shares in the last quarter. Meteora Capital LLC raised its stake in Cantor Equity Partners II by 15.8% in the third quarter. Meteora Capital LLC now owns 1,289,164 shares of the company’s stock valued at $13,549,000 after purchasing an additional 176,079 shares in the last quarter. Jane Street Group LLC purchased a new stake in Cantor Equity Partners II in the second quarter valued at approximately $7,682,000. Citadel Advisors LLC lifted its position in Cantor Equity Partners II by 29.0% during the third quarter. Citadel Advisors LLC now owns 498,492 shares of the company’s stock valued at $5,259,000 after purchasing an additional 112,162 shares during the last quarter. Finally, AQR Arbitrage LLC purchased a new position in Cantor Equity Partners II in the 2nd quarter worth approximately $5,493,000.
Cantor Equity Partners II Trading Down 0.6%
Shares of NASDAQ CEPT opened at $10.98 on Friday. The stock’s 50-day moving average is $11.34 and its 200 day moving average is $11.30. The stock has a market cap of $335.77 million and a price-to-earnings ratio of -57.79. Cantor Equity Partners II Inc. has a 1-year low of $10.32 and a 1-year high of $13.74.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on the stock. Benchmark initiated coverage on shares of Cantor Equity Partners II in a report on Tuesday. They issued a “buy” rating and a $16.00 price target on the stock. Weiss Ratings reiterated a “sell (e)” rating on shares of Cantor Equity Partners II in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $16.00.
Check Out Our Latest Analysis on CEPT
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.
See Also
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