Cohen Circle Acquisition Corp. II (NASDAQ:CCII) Stock Price Down 0.1% – Time to Sell?

Cohen Circle Acquisition Corp. II (NASDAQ:CCII) shares traded down 0.1% during mid-day trading on Thursday . The stock traded as low as $10.25 and last traded at $10.25. 309,578 shares traded hands during trading, an increase of 907% from the average session volume of 30,728 shares. The stock had previously closed at $10.26.

Analysts Set New Price Targets

Separately, Weiss Ratings assumed coverage on Cohen Circle Acquisition Corp. II in a report on Monday, January 26th. They issued a “sell (e)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Cohen Circle Acquisition Corp. II currently has a consensus rating of “Sell”.

Cohen Circle Acquisition Corp. II Trading Down 0.1%

Institutional Trading of Cohen Circle Acquisition Corp. II

Institutional investors have recently made changes to their positions in the stock. Bulldog Investors LLP purchased a new position in shares of Cohen Circle Acquisition Corp. II in the 4th quarter worth $256,000. Alyeska Investment Group L.P. purchased a new position in shares of Cohen Circle Acquisition Corp. II in the 4th quarter worth about $344,000. Virtu Financial LLC acquired a new position in shares of Cohen Circle Acquisition Corp. II in the 4th quarter valued at about $346,000. L1 Global Manager Pty Ltd acquired a new stake in Cohen Circle Acquisition Corp. II during the 4th quarter worth approximately $512,000. Finally, Lineage Point Capital LP acquired a new stake in Cohen Circle Acquisition Corp. II during the 4th quarter worth approximately $717,000.

Cohen Circle Acquisition Corp. II Company Profile

Cohen Circle Acquisition Corp. II (NASDAQ: CCII) is a special purpose acquisition company (SPAC) that is publicly listed on the Nasdaq stock exchange. As a blank‑check vehicle, its primary role is to raise capital from public-market investors and use those proceeds to complete a business combination with one or more operating companies. The company structure is intended to provide a faster and potentially more cost‑effective route for private businesses to access public markets through a merger or similar transaction.

The firm’s principal activities center on identifying, negotiating and executing a qualifying business combination, which can take the form of a merger, asset acquisition, stock purchase, reorganization or other strategic transaction.