Berkley W R Corp Has $6.74 Million Holdings in Live Oak Acquisition $LOKV

Berkley W R Corp boosted its position in Live Oak Acquisition (NASDAQ:LOKV) by 71.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 647,661 shares of the company’s stock after purchasing an additional 270,469 shares during the quarter. Berkley W R Corp owned about 2.59% of Live Oak Acquisition worth $6,736,000 at the end of the most recent reporting period.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on LOKV shares. Zacks Research raised Live Oak Acquisition to a “hold” rating in a report on Wednesday, June 10th. Weiss Ratings assumed coverage on Live Oak Acquisition in a research note on Friday, May 8th. They issued a “sell (d-)” rating for the company. Finally, Compass Point assumed coverage on shares of Live Oak Acquisition in a report on Monday, May 11th. They set a “buy” rating and a $13.50 target price on the stock. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $13.50.

Live Oak Acquisition Price Performance

NASDAQ:LOKV opened at $12.34 on Monday. The company has a fifty day moving average of $11.40. Live Oak Acquisition has a twelve month low of $8.65 and a twelve month high of $11.99.

Live Oak Acquisition (NASDAQ:LOKV) last issued its earnings results on Monday, March 30th. The company reported ($0.57) EPS for the quarter. The firm had revenue of ($12.99) million during the quarter. Analysts forecast that Live Oak Acquisition will post -19.51 EPS for the current fiscal year.

Live Oak Acquisition Company Profile

We are a blank check company incorporated on November 27, 2024 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.